Brokerages Set H World Group Limited (NASDAQ:HTHT) Target Price at $50.00

Shares of H World Group Limited (NASDAQ:HTHT - Get Free Report) have earned an average recommendation of "Buy" from the five ratings firms that are covering the stock, Marketbeat reports. Five analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $50.00.

Several equities analysts have recently commented on the company. Benchmark restated a "buy" rating and issued a $64.00 price objective on shares of H World Group in a research report on Friday, March 22nd. Bank of America dropped their price target on H World Group from $51.00 to $43.00 and set a "buy" rating for the company in a research note on Wednesday, March 13th. JPMorgan Chase & Co. lifted their price objective on shares of H World Group from $45.00 to $48.00 and gave the company an "overweight" rating in a research report on Tuesday, May 21st. CLSA assumed coverage on shares of H World Group in a research report on Friday, April 26th. They set a "buy" rating and a $47.00 target price for the company. Finally, Macquarie assumed coverage on shares of H World Group in a report on Friday, April 19th. They issued an "outperform" rating and a $48.00 price target on the stock.

H World Group Stock Performance

NASDAQ HTHT traded up $0.13 on Wednesday, reaching $33.45. 1,247,377 shares of the stock were exchanged, compared to its average volume of 1,783,143. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.34. H World Group has a one year low of $30.20 and a one year high of $48.84. The firm has a market capitalization of $10.92 billion, a PE ratio of 20.78, a PEG ratio of 1.15 and a beta of 0.76. The company's 50-day simple moving average is $36.90 and its two-hundred day simple moving average is $36.02.

H World Group (NASDAQ:HTHT - Get Free Report) last announced its quarterly earnings data on Friday, May 17th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.03). H World Group had a net margin of 16.47% and a return on equity of 28.59%. The firm had revenue of $731.00 million for the quarter. Analysts expect that H World Group will post 1.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System increased its position in H World Group by 1.8% during the first quarter. California State Teachers Retirement System now owns 36,662 shares of the company's stock valued at $1,419,000 after acquiring an additional 636 shares during the last quarter. Blue Trust Inc. grew its holdings in H World Group by 48.6% during the 4th quarter. Blue Trust Inc. now owns 3,386 shares of the company's stock valued at $113,000 after purchasing an additional 1,108 shares during the last quarter. Quadrant Capital Group LLC raised its position in H World Group by 19.6% in the 4th quarter. Quadrant Capital Group LLC now owns 6,975 shares of the company's stock worth $233,000 after purchasing an additional 1,142 shares during the period. Panagora Asset Management Inc. lifted its stake in H World Group by 28.1% in the fourth quarter. Panagora Asset Management Inc. now owns 6,911 shares of the company's stock worth $231,000 after purchasing an additional 1,517 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of H World Group by 9.3% during the first quarter. US Bancorp DE now owns 18,964 shares of the company's stock valued at $734,000 after buying an additional 1,609 shares during the period. Institutional investors own 46.41% of the company's stock.

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.