H World Group Limited (NASDAQ:HTHT) Given Average Recommendation of “Buy” by Analysts

Shares of H World Group Limited (NASDAQ:HTHT) have received an average recommendation of “Buy” from the four brokerages that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokers that have covered the stock in the last year is $50.00.

Several equities analysts have recently commented on the stock. Macquarie began coverage on shares of H World Group in a report on Friday, April 19th. They set an “outperform” rating and a $48.00 price target on the stock. Benchmark reaffirmed a “buy” rating and issued a $64.00 price target on shares of H World Group in a research note on Friday, March 22nd. Bank of America dropped their price target on shares of H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday, March 13th. Finally, JPMorgan Chase & Co. upped their price target on shares of H World Group from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, March 22nd.

H World Group Price Performance

Shares of NASDAQ:HTHT opened at $38.65 on Friday. The company’s fifty day moving average is $37.68 and its two-hundred day moving average is $35.65. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.32. H World Group has a 12-month low of $30.20 and a 12-month high of $48.84. The company has a market cap of $12.62 billion, a P/E ratio of 21.96, a price-to-earnings-growth ratio of 1.23 and a beta of 0.92.

H World Group (NASDAQ:HTHT) last announced its earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. H World Group had a net margin of 18.62% and a return on equity of 31.50%. The company had revenue of $786.00 million for the quarter, compared to the consensus estimate of $759.99 million. Equities analysts expect that H World Group will post 1.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On H World Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ronald Blue Trust Inc. lifted its stake in shares of H World Group by 158.0% in the third quarter. Ronald Blue Trust Inc. now owns 2,278 shares of the company’s stock valued at $88,000 after buying an additional 1,395 shares during the period. DnB Asset Management AS bought a new stake in shares of H World Group in the third quarter valued at about $402,000. Asset Management One Co. Ltd. lifted its stake in shares of H World Group by 4.5% in the third quarter. Asset Management One Co. Ltd. now owns 37,514 shares of the company’s stock valued at $1,479,000 after buying an additional 1,610 shares during the period. Handelsbanken Fonder AB lifted its stake in shares of H World Group by 1.5% in the third quarter. Handelsbanken Fonder AB now owns 82,800 shares of the company’s stock valued at $3,265,000 after buying an additional 1,200 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in H World Group by 3.5% during the third quarter. Bank of New York Mellon Corp now owns 215,847 shares of the company’s stock worth $8,511,000 after purchasing an additional 7,236 shares during the period. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Company Profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.