China Lodging Group, Limited (HTHT) Scheduled to Post Quarterly Earnings on Monday
China Lodging Group, Limited (NASDAQ:HTHT) will be announcing its earnings results after the market closes on Monday, November 13th. Analysts expect the company to announce earnings of $0.88 per share for the quarter.
China Lodging Group, Limited (NASDAQ:HTHT) last released its quarterly earnings data on Thursday, August 17th. The company reported $0.80 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.20. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.94 billion. China Lodging Group, Limited had a return on equity of 17.26% and a net margin of 13.69%. The company’s revenue was up 20.1% on a year-over-year basis. During the same quarter last year, the business posted $4.67 EPS. On average, analysts expect China Lodging Group, Limited to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.
China Lodging Group, Limited (NASDAQ HTHT) opened at $123.16 on Monday. The firm has a market capitalization of $8,517.38, a PE ratio of 62.52, a price-to-earnings-growth ratio of 1.66 and a beta of 1.65. China Lodging Group, Limited has a 52 week low of $41.72 and a 52 week high of $142.80. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.48 and a current ratio of 1.49.
The business also recently disclosed a special dividend, which will be paid on Friday, December 22nd. Shareholders of record on Monday, December 4th will be paid a dividend of $0.64 per share. The ex-dividend date is Friday, December 1st.
A hedge fund recently raised its stake in China Lodging Group, Limited stock. State Street Corp lifted its holdings in China Lodging Group, Limited (NASDAQ:HTHT) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,610 shares of the company’s stock after purchasing an additional 324 shares during the period. State Street Corp’s holdings in China Lodging Group, Limited were worth $1,824,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 37.42% of the company’s stock.
A number of equities analysts have weighed in on HTHT shares. Zacks Investment Research lowered China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Bank of America Corporation lifted their price objective on China Lodging Group, Limited from $104.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 18th. Finally, BidaskClub upgraded China Lodging Group, Limited from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 19th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. China Lodging Group, Limited has an average rating of “Buy” and a consensus target price of $81.71.
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About China Lodging Group, Limited
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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