H World Group (HTHT) Expected to Announce Earnings on Thursday

H World Group (NASDAQ:HTHT) is anticipated to issue its quarterly earnings data before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $5.69 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

H World Group Trading Up 3.1 %

H World Group stock opened at $38.16 on Tuesday. H World Group has a 12-month low of $27.03 and a 12-month high of $42.98. The firm has a market capitalization of $11.96 billion, a price-to-earnings ratio of 23.13, a P/E/G ratio of 1.28 and a beta of 0.70. The firm has a 50 day moving average of $34.12 and a 200 day moving average of $34.46. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HTHT. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Benchmark cut their price target on H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a research note on Wednesday, November 27th. Finally, HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective on the stock. in a research report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $44.68.

About H World Group

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.