GreenTree Hospitality Group Ltd – (NYSE:GHG) has been assigned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.
Brokers have set a 12 month consensus target price of $16.00 for the company and are anticipating that the company will post $0.21 EPS for the current quarter, according to Zacks. Zacks has also given GreenTree Hospitality Group an industry rank of 186 out of 256 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered GreenTree Hospitality Group from a “hold” rating to a “sell” rating in a report on Wednesday, August 21st.
Large investors have recently added to or reduced their stakes in the business. Advisors Preferred LLC bought a new position in shares of GreenTree Hospitality Group during the 2nd quarter worth approximately $25,000. Aubrey Capital Management Ltd lifted its position in shares of GreenTree Hospitality Group by 1.1% in the second quarter. Aubrey Capital Management Ltd now owns 468,750 shares of the company’s stock worth $6,094,000 after purchasing an additional 5,200 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in GreenTree Hospitality Group by 2.0% during the second quarter. Renaissance Technologies LLC now owns 271,197 shares of the company’s stock worth $3,526,000 after purchasing an additional 5,376 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in GreenTree Hospitality Group by 52.8% during the second quarter. JPMorgan Chase & Co. now owns 21,245 shares of the company’s stock worth $272,000 after purchasing an additional 7,345 shares during the last quarter. Finally, Marshall Wace North America L.P. grew its position in GreenTree Hospitality Group by 747.2% in the first quarter. Marshall Wace North America L.P. now owns 11,784 shares of the company’s stock valued at $163,000 after purchasing an additional 10,393 shares in the last quarter. 8.94% of the stock is owned by hedge funds and other institutional investors.
Shares of GHG stock traded down $0.04 during trading hours on Wednesday, hitting $11.02. 34,492 shares of the company were exchanged, compared to its average volume of 61,190. GreenTree Hospitality Group has a 52 week low of $9.50 and a 52 week high of $15.99. The business has a 50 day moving average of $10.90 and a two-hundred day moving average of $12.57. The company has a market capitalization of $1.07 billion, a PE ratio of 18.07, a PEG ratio of 0.73 and a beta of 1.59.
GreenTree Hospitality Group (NYSE:GHG) last posted its quarterly earnings data on Friday, August 16th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02). The company had revenue of $40.05 million during the quarter. GreenTree Hospitality Group had a net margin of 46.29% and a return on equity of 24.60%. As a group, sell-side analysts forecast that GreenTree Hospitality Group will post 0.79 earnings per share for the current fiscal year.
GreenTree Hospitality Group Company Profile
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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