The stock of Hilton Worldwide Holdings Inc (HLT) has gone down by -2.70% for the week, with a -6.75% drop in the past month and a 5.16% rise in the past quarter. The volatility ratio for the week is 2.07%, and the volatility levels for the past 30 days are 1.70% for HLT. The simple moving average for the last 20 days is -5.03% for HLT stock, with a simple moving average of 13.71% for the last 200 days.
Is It Worth Investing in Hilton Worldwide Holdings Inc (NYSE: HLT) Right Now?
Hilton Worldwide Holdings Inc (NYSE: HLT) has a higher price-to-earnings ratio of 45.62x compared to its average ratio. HLT has 36-month beta value of 1.27. Analysts have mixed views on the stock, with 12 analysts rating it as a “buy,” 7 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for HLT is 246.92M, and currently, short sellers hold a 1.28% ratio of that float. The average trading volume of HLT on April 24, 2024 was 1.48M shares.
HLT) stock’s latest price update
Hilton Worldwide Holdings Inc (NYSE: HLT)’s stock price has plunge by 0.97relation to previous closing price of 195.14. Nevertheless, the company has seen a -2.70% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-22 that Hilton’s (HLT) first-quarter 2024 performance is likely to have benefited from steady leisure demand, continued recovery in business transient and group businesses and expanded partnerships.
Analysts’ Opinion of HLT
Many brokerage firms have already submitted their reports for HLT stocks, with Mizuho repeating the rating for HLT by listing it as a “Buy.” The predicted price for HLT in the upcoming period, according to Mizuho is $245 based on the research report published on March 26, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see HLT reach a price target of $200. The rating they have provided for HLT stocks is “In-line” according to the report published on February 05th, 2024.
Wells Fargo gave a rating of “Equal Weight” to HLT, setting the target price at $168 in the report published on December 05th of the previous year.
HLT Trading at -3.73% from the 50-Day Moving Average
After a stumble in the market that brought HLT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.69% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 2.07%, as shares sank -6.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.54% upper at present.
During the last 5 trading sessions, HLT fell by -2.70%, which changed the moving average for the period of 200-days by +32.85% in comparison to the 20-day moving average, which settled at $206.81. In addition, Hilton Worldwide Holdings Inc saw 8.21% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HLT starting from NASSETTA CHRISTOPHER J, who sale 22,095 shares at the price of $192.83 back on Feb 09 ’24. After this action, NASSETTA CHRISTOPHER J now owns 2,567,871 shares of Hilton Worldwide Holdings Inc, valued at $4,260,653 using the latest closing price.
NASSETTA CHRISTOPHER J, the of Hilton Worldwide Holdings Inc, sale 21,489 shares at $195.68 during a trade that took place back on Feb 08 ’24, which means that NASSETTA CHRISTOPHER J is holding 2,536,478 shares at $4,205,070 based on the most recent closing price.
Stock Fundamentals for HLT
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.32 for the gross margin
The net margin for Hilton Worldwide Holdings Inc stands at 0.11. The total capital return value is set at 0.19.
Based on Hilton Worldwide Holdings Inc (HLT), the company’s capital structure generated 1.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at -4.29. The interest coverage ratio of the stock is 9.35.
Currently, EBITDA for the company is 2.36 billion with net debt to EBITDA at 5.22. When we switch over and look at the enterprise to sales, we see a ratio of 5.77. The receivables turnover for the company is 6.88for trailing twelve months and the total asset turnover is 0.66.
Conclusion
To put it simply, Hilton Worldwide Holdings Inc (HLT) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
