Equities research analysts expect Hilton Worldwide Holdings Inc (NYSE:HLT) to announce earnings of $0.48 per share for the current quarter, according to Zacks. Four analysts have provided estimates for Hilton Worldwide’s earnings. The lowest EPS estimate is $0.46 and the highest is $0.53. Hilton Worldwide reported earnings of $0.38 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 26.3%. The business is expected to issue its next quarterly earnings results before the market opens on Thursday, April 26th.
On average, analysts expect that Hilton Worldwide will report full-year earnings of $2.63 per share for the current year, with EPS estimates ranging from $2.60 to $2.68. For the next year, analysts expect that the company will post earnings of $3.06 per share, with EPS estimates ranging from $2.96 to $3.28. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that follow Hilton Worldwide.
Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.10. Hilton Worldwide had a return on equity of 39.37% and a net margin of 13.77%. The company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm earned $0.70 EPS. Hilton Worldwide’s revenue was up 23.9% on a year-over-year basis.
HLT has been the subject of a number of research analyst reports. Argus boosted their price target on Hilton Worldwide from $2.40 to $94.00 and gave the stock a “positive” rating in a report on Wednesday, January 3rd. Raymond James Financial raised Hilton Worldwide from an “outperform” rating to a “strong-buy” rating and lowered their price target for the stock from $78.00 to $69.00 in a report on Monday, January 8th. Morgan Stanley cut Hilton Worldwide from an “overweight” rating to an “equal weight” rating and set a $84.00 price target for the company. in a report on Wednesday, January 17th. Royal Bank of Canada boosted their price target on Hilton Worldwide to $96.00 and gave the stock an “outperform” rating in a report on Monday, January 29th. Finally, B. Riley reissued a “neutral” rating and set a $84.00 price target (up previously from $73.00) on shares of Hilton Worldwide in a report on Wednesday, February 14th. Eleven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $81.56.
A number of institutional investors and hedge funds have recently modified their holdings of HLT. Capital International Investors acquired a new position in Hilton Worldwide in the 3rd quarter worth about $267,430,000. Arrowstreet Capital Limited Partnership acquired a new position in Hilton Worldwide in the 4th quarter worth about $73,431,000. BlackRock Inc. increased its holdings in Hilton Worldwide by 7.2% in the 4th quarter. BlackRock Inc. now owns 12,876,314 shares of the company’s stock worth $1,028,303,000 after purchasing an additional 862,504 shares in the last quarter. Two Sigma Advisers LP increased its holdings in Hilton Worldwide by 203.6% in the 4th quarter. Two Sigma Advisers LP now owns 986,040 shares of the company’s stock worth $78,745,000 after purchasing an additional 661,206 shares in the last quarter. Finally, Cbre Clarion Securities LLC increased its holdings in Hilton Worldwide by 54.0% in the 4th quarter. Cbre Clarion Securities LLC now owns 1,460,632 shares of the company’s stock worth $116,646,000 after purchasing an additional 511,991 shares in the last quarter. 98.70% of the stock is owned by institutional investors and hedge funds.
Shares of Hilton Worldwide stock traded down $0.34 during trading on Tuesday, reaching $79.61. 14,439,590 shares of the company’s stock were exchanged, compared to its average volume of 5,969,651. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.90 and a current ratio of 0.90. Hilton Worldwide has a 1-year low of $56.24 and a 1-year high of $88.11. The stock has a market capitalization of $25,273.64, a P/E ratio of 39.81, a price-to-earnings-growth ratio of 6.08 and a beta of 1.33.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Friday, March 2nd were issued a $0.15 dividend. The ex-dividend date was Thursday, March 1st. This represents a $0.60 dividend on an annualized basis and a yield of 0.75%. Hilton Worldwide’s payout ratio is presently 30.00%.
Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.
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