Hilton Worldwide Holdings Inc’s Market Journey: Closing Strong at 197.04, Up 0.97

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The closing price of Hilton Worldwide Holdings Inc (NYSE: HLT) was $197.04 for the day, up 0.97% from the previous closing price of $195.14. In other words, the price has increased by $0.97 from its previous closing price. On the day, 2.14 million shares were traded. HLT stock price reached its highest trading level at $197.72 during the session, while it also had its lowest trading level at $194.71.

Ratios:

Our analysis of HLT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.18.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 26, 2024, initiated with a Buy rating and assigned the stock a target price of $245.

On February 05, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $200.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 09 ’24 when NASSETTA CHRISTOPHER J sold 22,095 shares for $192.83 per share. The transaction valued at 4,260,653 led to the insider holds 2,567,871 shares of the business.

NASSETTA CHRISTOPHER J sold 21,489 shares of HLT for $4,205,070 on Feb 08 ’24. The insider now owns 2,536,478 shares after completing the transaction at $195.68 per share. On Nov 16 ’23, another insider, Silcock Christopher W, who serves as the insider of the company, sold 10,863 shares for $166.61 each. As a result, the insider received 1,809,892 and left with 58,256 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HLT now has a Market Capitalization of 49526988800 and an Enterprise Value of 58539601920. As of this moment, Hilton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.62, and their Forward P/E ratio for the next fiscal year is 23.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.85. Its current Enterprise Value per Revenue stands at 13.28 whereas that against EBITDA is 24.26.

Stock Price History:

Over the past 52 weeks, HLT has reached a high of $215.79, while it has fallen to a 52-week low of $134.43. The 50-Day Moving Average of the stock is -3.73%, while the 200-Day Moving Average is calculated to be 13.71%.

Shares Statistics:

HLT traded an average of 1.48M shares per day over the past three months and 1611950 shares per day over the past ten days. A total of 253.49M shares are outstanding, with a floating share count of 246.92M. Insiders hold about 2.08% of the company’s shares, while institutions hold 97.87% stake in the company. Shares short for HLT as of 1711584000 were 3169405 with a Short Ratio of 2.14, compared to 1709164800 on 3242070. Therefore, it implies a Short% of Shares Outstanding of 3169405 and a Short% of Float of 1.43.

Dividends & Splits

With its trailing 12-month dividend rate of 0.6, HLT has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 0.0030747156The stock’s 5-year Average Dividend Yield is 0.8.

Most Popular

[the_ad id="945"]