I maintain a buy rating for H World Group due to robust domestic travel demand in China and HTHT's strong market position. HTHT's latest earnings report shows modest revenue growth, with management expecting continued growth and a positive demand-supply environment. Despite market concerns, I believe HTHT's valuation has significant upside potential as it continues to demonstrate robust growth and capitalize on favorable market conditions.
H World Group Limited (NASDAQ:HTHT ) Q3 2024 Results Conference Call November 26, 2024 8:00 PM ET Company Participants Jason Chen - Investor Relations Director Jin Hui - Chief Executive Officer Chen Hui - Chief Financial Officer He Jihong - CSO Conference Call Participants Ronald Leung - Bank of America Simon Cheung - Goldman Sachs Lydia Ling - Citi Dan Xu - Morgan Stanley Operator Good day, and thank you for standing by. Welcome to H World Third Quarter 2024 Earnings Conference Call.
H World Group (HTHT) came out with quarterly earnings of $0.61 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.56 per share a year ago.
H World Group (HTHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors need to pay close attention to H World Group (HTHT) stock based on the movements in the options market lately.
Shares of H World Group Ltd (HTHT, Financial) surged 4.28% in mid-day trading on Oct 2. The stock reached an intraday high of $41.61, before settling at $40.52, up from its previous close of $38.86.
H World Group (HTHT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, HTHT broke through the 200-day moving average, which suggests a long-term bullish trend.
H World Group (HTHT) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, HTHT crossed above the 20-day moving average, suggesting a short-term bullish trend.
I am positive on H World Group driven by robust domestic travel demand in China, evidenced by strong flight volume recovery and hotel occupancy rates. HTHT's strategic growth initiatives, including brand upgrades and B2B sales expansion, position it well to capture increasing demand in the travel and leisure sector. Valuation is attractive, with HTHT trading near its 5-year low despite a positive growth outlook and potential for multiples rerating upwards.
HTHT has guided for a modest +3.5% YoY top-line expansion and a mid-single-digit percentage decrease in its RevPAR for Q3 2024. H World's potential forward mid-single-digit percentage shareholder yield is reasonably good. A Hold rating for H World is left unchanged, taking into account its weak short-term financial prospects and decent shareholder yield.
H World Group Limited (NASDAQ:HTHT ) Q2 2024 Earnings Conference Call August 20, 2024 9:00 PM ET Company Participants Jason Chen - Investor Relations Director Jin Hui - Chief Executive Officer Zou Jun - Executive Vice President & Chief Financial Officer Conference Call Participants Roland Leung - Bank of America Dan Xu - Morgan Stanley Simon Cheung - Goldman Sachs Operator Good day and thank you for standing by. Welcome to H World Second Quarter 2024 Earnings Conference Call.
H World Group (HTHT) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.43 per share a year ago.