GreenTree Hospitality Group (NYSE:GHG) Releases FY 2021 Earnings Guidance
GreenTree Hospitality Group (NYSE:GHG) updated its FY 2021 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of – for the period. The company issued revenue guidance of $210.94 million-$218.07 million, compared to the consensus revenue estimate of $213.86 million.
Several research analysts have recently issued reports on the stock. TheStreet upgraded shares of GreenTree Hospitality Group from a c+ rating to a b- rating in a report on Tuesday, April 20th. Zacks Investment Research downgraded GreenTree Hospitality Group from a hold rating to a sell rating in a report on Wednesday, April 28th.
NYSE GHG traded down $0.01 during trading hours on Tuesday, hitting $13.23. The company’s stock had a trading volume of 84,005 shares, compared to its average volume of 22,241. GreenTree Hospitality Group has a 52 week low of $11.36 and a 52 week high of $15.17. The company has a market capitalization of $1.35 billion, a PE ratio of 37.83, a price-to-earnings-growth ratio of 1.21 and a beta of 0.79. The company’s 50-day simple moving average is $13.04 and its two-hundred day simple moving average is $13.08.
About GreenTree Hospitality Group
GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2019, it operated 34 leased-and-operated hotels; and had franchised-and-managed hotels network consisting of 3,957 hotels with 290,026 rooms in operation covering 339 cities in China, and an additional 949 hotels with 68,522 rooms that were contracted for or under development.
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