Analysts Set H World Group Limited (NASDAQ:HTHT) PT at $50.00

H World Group Limited (NASDAQ:HTHT) has been given an average recommendation of “Buy” by the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $50.00.

Several research firms have recently issued reports on HTHT. Bank of America reduced their target price on shares of H World Group from $51.00 to $43.00 and set a “buy” rating for the company in a research note on Wednesday, March 13th. Macquarie assumed coverage on shares of H World Group in a research report on Friday, April 19th. They set an “outperform” rating and a $48.00 target price on the stock. Benchmark reaffirmed a “buy” rating and issued a $64.00 target price on shares of H World Group in a report on Friday, March 22nd. JPMorgan Chase & Co. lifted their price target on H World Group from $45.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, May 21st. Finally, CLSA assumed coverage on H World Group in a research note on Friday, April 26th. They issued a “buy” rating and a $47.00 price objective for the company.

Institutional Trading of H World Group

Hedge funds and other institutional investors have recently modified their holdings of the business. California State Teachers Retirement System grew its position in H World Group by 1.8% during the first quarter. California State Teachers Retirement System now owns 36,662 shares of the company’s stock worth $1,419,000 after buying an additional 636 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of H World Group by 48.6% during the fourth quarter. Blue Trust Inc. now owns 3,386 shares of the company’s stock worth $113,000 after purchasing an additional 1,108 shares in the last quarter. Quadrant Capital Group LLC raised its stake in H World Group by 19.6% in the fourth quarter. Quadrant Capital Group LLC now owns 6,975 shares of the company’s stock valued at $233,000 after purchasing an additional 1,142 shares in the last quarter. Panagora Asset Management Inc. raised its stake in H World Group by 28.1% in the fourth quarter. Panagora Asset Management Inc. now owns 6,911 shares of the company’s stock valued at $231,000 after purchasing an additional 1,517 shares in the last quarter. Finally, US Bancorp DE lifted its position in H World Group by 9.3% during the first quarter. US Bancorp DE now owns 18,964 shares of the company’s stock valued at $734,000 after purchasing an additional 1,609 shares during the last quarter. Institutional investors own 46.41% of the company’s stock.

H World Group Price Performance

HTHT stock opened at $31.06 on Wednesday. H World Group has a 1 year low of $30.20 and a 1 year high of $48.84. The stock has a market capitalization of $10.14 billion, a PE ratio of 19.29, a price-to-earnings-growth ratio of 1.10 and a beta of 0.76. The company’s 50-day moving average is $36.33 and its 200-day moving average is $35.97. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.70 and a quick ratio of 0.69.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings results on Friday, May 17th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The business had revenue of $731.00 million for the quarter. H World Group had a net margin of 16.47% and a return on equity of 28.59%. Equities research analysts expect that H World Group will post 1.88 EPS for the current fiscal year.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.