A share price of Hilton Worldwide Holdings Inc [HLT] is currently trading at $213.04, up 1.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HLT shares have gain 2.36% over the last week, with a monthly amount glided 4.94%, and seem to be holding up well over a long-time horizon.
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On 22, March 2024, Hilton Announces Pricing of Senior Notes Offering. In a post published today on Yahoo Finance, Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) announced today that its indirect subsidiary Hilton Domestic Operating Company Inc. (the “Issuer”) finalized the terms of the Issuer’s offering of $550 million aggregate principal amount of 5.875% Senior Notes due 2029 (the “2029 Notes”) and $450 million aggregate principal amount of 6.125% Senior Notes due 2032 (the “2032 Notes” and, together with the 2029 Notes, the “Notes”). The Issuer anticipates that consummation of the offering will occur on March 26, 2024, subject to customary closing conditions, and intends to use the net proceeds of the offering for general corporate purposes, including the repayment of $200 million of indebtedness under the senior secured revolving credit facility, investments and acquisitions.
From an analyst’s perspective:
Hilton Worldwide Holdings Inc [NYSE: HLT] stock has seen the most recent analyst activity on March 26, 2024, when Mizuho initiated its Buy rating and assigned the stock a price target of $245. Previously, Evercore ISI downgraded its rating to In-line on February 05, 2024, and kept the price target unchanged to $200. HSBC Securities started tracking the stock assigning a Buy rating and suggested a price target of $191 on October 23, 2023. Barclays upgraded its rating to a Overweight and raised its price target to $168 on March 09, 2023. Jefferies downgraded its rating to Hold for this stock on January 09, 2023, and downed its price target to $134. In a note dated December 14, 2022, Citigroup downgraded an Neutral rating on this stock and revised its target price from $150 to $148.
Hilton Worldwide Holdings Inc experienced fluctuations in its stock price throughout the past year between $131.64 and $211.86. Currently, Wall Street analysts expect the stock to reach $169 within the next 12 months. Hilton Worldwide Holdings Inc [NYSE: HLT] shares were valued at $213.04 at the most recent close of the market. An investor can expect a potential drop of -20.67% based on the average HLT price forecast.
Analyzing the HLT fundamentals
Trailing Twelve Months sales for Hilton Worldwide Holdings Inc [NYSE:HLT] were 10.23B which represents 6.75% growth. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is -0.65 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 212.29 points at the first support level, and at 211.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 213.77, and for the 2nd resistance point, it is at 214.49.
Hilton Worldwide Holdings Inc [HLT] reported earnings per share of $1.68 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.57/share, meaning a difference of $0.11 and a surprise factor of 7.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.67 per share as compared to estimates of $1.67 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.25 and price to earnings (TTM) ratio is 49.32.
Transactions by insiders
Recent insider trading involved NASSETTA CHRISTOPHER J, that happened on Feb 09 ’24 when 22095.0 shares were sold., NASSETTA CHRISTOPHER J completed a deal on Feb 08 ’24 to sell 21489.0 shares. Meanwhile, Silcock Christopher W sold 10863.0 shares on Nov 16 ’23.
