In today’s recent session, 1.22 million shares of the Hilton Worldwide Holdings Inc (NYSE:HLT) have been traded, and its beta is 1.27. Most recently the company’s share price was $207.54, and it changed around $10.5 or 5.33% from the last close, which brings the market valuation of the company to $52.33B. HLT at last check was trading at a discount to its 52-week high of $215.79, offering almost -3.98% off that amount. The share price’s 52-week low was $134.43, which indicates that the recent value has risen by an impressive 35.23% since then. We note from Hilton Worldwide Holdings Inc’s average daily trading volume that its 3-month average coming to 1.50 million.
Hilton Worldwide Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.28. If we narrow it down even further, the data shows that 1 out of 26 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 6 recommended HLT as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. Hilton Worldwide Holdings Inc is expected to report earnings per share of $1.42 for the current quarter.
Hilton Worldwide Holdings Inc (NYSE:HLT) trade information
Instantly HLT has been showing a green trend so far today with a performance of 5.33% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 13.97% year-to-date, but still up 3.52% over the last five days. On the other hand, Hilton Worldwide Holdings Inc (NYSE:HLT) is -1.23% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $179.23, which translates to bulls needing to decrease their stock price by -15.8% from its current value. Analyst projections state that HLT is forecast to be at a low of $138 and a high of $254.
Hilton Worldwide Holdings Inc (HLT) estimates and forecasts
Hilton Worldwide Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 40.36 percent over the past six months and at a 13.69% annual growth rate that is well above the industry average of 10.80%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 14.50% in revenue this quarter, and will report an increase of 15.30% in the next quarter. The year-over-year growth rate is expected to be 9.80%, up from the previous year.
Consensus estimates provided by 10 financial analysts predict the company will bring in an average of $2.53 billion in revenue for the current quarter. 9 analysts expect Hilton Worldwide Holdings Inc to make $2.94 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $2.2 billion. Analysts predict that the company’s current quarter sales will jump, forecast at 15.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 11.53%. Hilton Worldwide Holdings Inc earnings are expected to increase by 14.36% in 2024, but the outlook is positive 15.50% per year for the next five years.
HLT Dividends
Hilton Worldwide Holdings Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 0.29 percent and its annual dividend per share was 0.60. It is important to note, however, that the 0.29% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
