China Lodging Group (HTHT) Getting Somewhat Positive News Coverage, Accern Reports
Media coverage about China Lodging Group (NASDAQ:HTHT) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Lodging Group earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.4778541641772 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of China Lodging Group (NASDAQ HTHT) traded up $0.84 during trading on Wednesday, hitting $135.05. 470,413 shares of the company traded hands, compared to its average volume of 312,791. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.41. The company has a market cap of $9,157.08, a price-to-earnings ratio of 56.83 and a beta of 1.53. China Lodging Group has a 52 week low of $45.89 and a 52 week high of $142.80.
China Lodging Group (NASDAQ:HTHT) last issued its quarterly earnings results on Tuesday, November 28th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.01. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.36 billion. China Lodging Group had a net margin of 14.95% and a return on equity of 19.55%. China Lodging Group’s quarterly revenue was up 33.8% compared to the same quarter last year. During the same period last year, the business earned $4.28 EPS. equities analysts anticipate that China Lodging Group will post 3.19 EPS for the current fiscal year.
Several research firms have recently commented on HTHT. Zacks Investment Research cut shares of China Lodging Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Benchmark raised their target price on shares of China Lodging Group from $128.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Finally, BidaskClub raised shares of China Lodging Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. China Lodging Group presently has a consensus rating of “Buy” and a consensus target price of $99.00.
COPYRIGHT VIOLATION NOTICE: This news story was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/20/china-lodging-group-htht-getting-somewhat-positive-news-coverage-accern-reports.html.
China Lodging Group Company Profile
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.
Receive News & Ratings for China Lodging Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Lodging Group and related companies with MarketBeat.com's FREE daily email newsletter.