News headlines about China Lodging Group (NASDAQ:HTHT) have trended somewhat positive on Friday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Lodging Group earned a news impact score of 0.24 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.8802821562254 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of China Lodging Group (NASDAQ HTHT) traded up $4.72 during trading hours on Friday, reaching $153.51. The company had a trading volume of 655,600 shares, compared to its average volume of 757,805. The firm has a market capitalization of $10,680.00, a P/E ratio of 63.17 and a beta of 1.52. China Lodging Group has a 1-year low of $47.72 and a 1-year high of $159.35. The company has a quick ratio of 1.40, a current ratio of 1.41 and a debt-to-equity ratio of 0.57.
China Lodging Group (NASDAQ:HTHT) last issued its quarterly earnings results on Tuesday, November 28th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.01. The business had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.36 billion. China Lodging Group had a return on equity of 19.55% and a net margin of 14.95%. The firm’s quarterly revenue was up 33.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.28 earnings per share. sell-side analysts predict that China Lodging Group will post 3.19 EPS for the current fiscal year.
A number of brokerages have recently weighed in on HTHT. BidaskClub upgraded China Lodging Group from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research lowered China Lodging Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, Benchmark increased their target price on China Lodging Group from $128.00 to $142.00 and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $99.00.
China Lodging Group Company Profile
China Lodging Group, Limited is a holding company. The Company is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees.
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