H World Group (NASDAQ:HTHT) Shares Gap Up - Still a Buy?

H World Group Limited (NASDAQ:HTHT - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $31.50, but opened at $32.89. H World Group shares last traded at $33.18, with a volume of 484,353 shares.

Analyst Ratings Changes

A number of analysts have recently weighed in on HTHT shares. Benchmark cut their price objective on shares of H World Group from $53.00 to $48.00 and set a "buy" rating on the stock in a research note on Wednesday, November 27th. HSBC lowered shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 price target on the stock. in a research report on Wednesday, February 5th. Finally, Hsbc Global Res lowered shares of H World Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, H World Group presently has an average rating of "Moderate Buy" and a consensus price target of $44.40.

H World Group Trading Up 0.1 %

The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a market capitalization of $10.38 billion, a PE ratio of 20.10, a P/E/G ratio of 1.09 and a beta of 0.70. The company's fifty day simple moving average is $32.59 and its 200-day simple moving average is $33.17.

H World Group (NASDAQ:HTHT - Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.09). H World Group had a return on equity of 30.41% and a net margin of 15.97%. During the same quarter last year, the business earned $0.56 earnings per share. As a group, sell-side analysts expect that H World Group Limited will post 1.65 earnings per share for the current fiscal year.

Institutional Investors Weigh In On H World Group

A number of hedge funds have recently added to or reduced their stakes in HTHT. Daiwa Securities Group Inc. acquired a new stake in H World Group during the 4th quarter worth approximately $33,000. US Bancorp DE increased its position in shares of H World Group by 21.2% in the 4th quarter. US Bancorp DE now owns 4,839 shares of the company's stock valued at $160,000 after purchasing an additional 845 shares during the last quarter. Blue Trust Inc. increased its position in shares of H World Group by 293.2% in the 3rd quarter. Blue Trust Inc. now owns 4,817 shares of the company's stock valued at $179,000 after purchasing an additional 3,592 shares during the last quarter. iA Global Asset Management Inc. purchased a new stake in shares of H World Group in the 4th quarter valued at approximately $196,000. Finally, Greenleaf Trust purchased a new stake in shares of H World Group in the 3rd quarter valued at approximately $210,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

About H World Group

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.