H World Group Limited (NASDAQ:HTHT) Given Average Rating of “Buy” by Brokerages

Shares of H World Group Limited (NASDAQ:HTHT) have earned a consensus recommendation of “Buy” from the five analysts that are covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $50.00.

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of H World Group from $45.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, May 21st. Benchmark restated a “buy” rating and set a $64.00 target price on shares of H World Group in a research note on Friday, March 22nd. Bank of America cut their price target on 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 started coverage on H World Group in a research report on Friday, April 19th. They issued an “outperform” rating and a $48.00 price objective on the stock. Finally, CLSA started coverage on H World Group in a research report on Friday, April 26th. They set a “buy” rating and a $47.00 target price for the company.

Institutional Investors Weigh In On H World Group

Several large investors have recently made changes to their positions in HTHT. Swedbank AB purchased a new position in H World Group during the 1st quarter valued at approximately $2,717,000. California State Teachers Retirement System boosted its position in shares of H World Group by 1.8% during the 1st quarter. California State Teachers Retirement System now owns 36,662 shares of the company’s stock valued at $1,419,000 after acquiring an additional 636 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of H World Group by 80.5% in the first quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company’s stock valued at $58,067,000 after purchasing an additional 669,200 shares in the last quarter. Capital International Sarl increased its position in H World Group by 33.6% in the first quarter. Capital International Sarl now owns 231,954 shares of the company’s stock worth $8,977,000 after purchasing an additional 58,281 shares during the last quarter. Finally, Capital International Inc. CA raised its stake in H World Group by 57.7% during the first quarter. Capital International Inc. CA now owns 1,803,048 shares of the company’s stock valued at $69,778,000 after purchasing an additional 659,914 shares in the last quarter. 46.41% of the stock is owned by institutional investors.

H World Group Trading Down 0.4 %

NASDAQ:HTHT opened at $33.32 on Wednesday. H World Group has a one year low of $30.20 and a one year high of $48.84. The business has a fifty day moving average price of $37.02 and a 200-day moving average price of $36.04. The firm has a market capitalization of $10.88 billion, a price-to-earnings ratio of 20.70, a price-to-earnings-growth ratio of 1.15 and a beta of 0.76. 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 posted its quarterly earnings data on Friday, May 17th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.03). The company had revenue of $731.00 million during the quarter. H World Group had a return on equity of 28.59% and a net margin of 16.47%. Sell-side analysts forecast that H World Group will post 1.88 EPS for the current 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.