Brokerages Set H World Group Limited (NASDAQ:HTHT) Price Target at $50.00

Shares of H World Group Limited (NASDAQ:HTHT) have earned a consensus recommendation of “Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a buy rating. The average 12 month price target among brokerages that have covered the stock in the last year is $50.00.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HTHT. California State Teachers Retirement System grew its holdings in 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 buying an additional 636 shares in the last quarter. Blue Trust Inc. increased its position in H World Group by 48.6% in 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 during the last quarter. Quadrant Capital Group LLC raised its stake in H World Group by 19.6% during 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% during 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 Stock Performance

Shares of NASDAQ HTHT opened at $31.06 on Wednesday. H World Group has a 12-month low of $30.20 and a 12-month high of $48.84. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 1.10 and a beta of 0.76. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.34. The firm has a 50 day moving average of $36.33 and a 200 day moving average of $35.97.

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

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.