Zacks: Analysts Expect Hilton Hotels Co. (NYSE:HLT) to Post $0.95 EPS

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Wall Street brokerages forecast that Hilton Hotels Co. (NYSE:HLT) will post $0.95 earnings per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Hilton Hotels’ earnings. The highest EPS estimate is $0.97 and the lowest is $0.93. Hilton Hotels posted earnings of $0.79 per share in the same quarter last year, which would indicate a positive year over year growth rate of 20.3%. The company is scheduled to announce its next earnings report on Wednesday, February 12th.

On average, analysts expect that Hilton Hotels will report full-year earnings of $3.85 per share for the current year, with EPS estimates ranging from $3.83 to $3.87. For the next year, analysts anticipate that the firm will report earnings of $4.18 per share, with EPS estimates ranging from $3.71 to $4.49. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Hilton Hotels.

Hilton Hotels (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $1.02 by $0.03. Hilton Hotels had a net margin of 9.92% and a return on equity of 972.97%. The business had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.39 billion. During the same period last year, the company posted $0.77 earnings per share. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year.

Several research analysts have recently issued reports on the stock. ValuEngine downgraded shares of Hilton Hotels from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. BMO Capital Markets began coverage on Hilton Hotels in a report on Wednesday, October 16th. They set an “outperform” rating and a $104.00 price objective on the stock. Macquarie cut Hilton Hotels from an “outperform” rating to a “neutral” rating and set a $98.00 price objective on the stock. in a research report on Tuesday, September 3rd. Wells Fargo & Co lowered their price objective on Hilton Hotels from $97.00 to $95.00 and set a “market perform” rating on the stock in a research report on Friday, October 18th. Finally, Deutsche Bank restated a “hold” rating and issued a $93.00 target price on shares of Hilton Hotels in a research note on Thursday, November 21st. Ten analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $98.60.

Shares of NYSE HLT traded up $0.52 during trading hours on Wednesday, hitting $104.47. The stock had a trading volume of 75,292 shares, compared to its average volume of 1,317,777. The company has a market capitalization of $29.63 billion, a P/E ratio of 37.41, a P/E/G ratio of 3.39 and a beta of 1.11. The company has a debt-to-equity ratio of 78.08, a quick ratio of 0.78 and a current ratio of 0.78. Hilton Hotels has a 52 week low of $65.64 and a 52 week high of $106.42. The firm’s 50-day moving average price is $98.45 and its two-hundred day moving average price is $95.18.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 8th will be issued a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.57%. Hilton Hotels’s dividend payout ratio is 21.51%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC grew its stake in shares of Hilton Hotels by 78.5% during the second quarter. Nisa Investment Advisors LLC now owns 2,160 shares of the company’s stock worth $211,000 after purchasing an additional 950 shares during the period. Commonwealth Equity Services LLC grew its holdings in Hilton Hotels by 36.1% during the second quarter. Commonwealth Equity Services LLC now owns 13,482 shares of the company’s stock valued at $1,317,000 after purchasing an additional 3,579 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Hilton Hotels by 29.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 58,991 shares of the company’s stock valued at $5,767,000 after purchasing an additional 13,483 shares during the period. Commerzbank Aktiengesellschaft FI bought a new stake in Hilton Hotels in the second quarter valued at approximately $326,000. Finally, Steward Partners Investment Advisory LLC increased its stake in Hilton Hotels by 3.9% in the second quarter. Steward Partners Investment Advisory LLC now owns 3,979 shares of the company’s stock valued at $388,000 after purchasing an additional 148 shares in the last quarter. Institutional investors and hedge funds own 97.63% of the company’s stock.

Hilton Hotels Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Motto by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Signia Hilton brands.

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