Hyatt Hotels (NYSE:H) Stock, Quote.Headers.trade-ideas

Hyatt Hotels

Hyatt is an operator of owned (4% of total rooms) and managed and franchised (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva, and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, the wellness brand Miraval, and the midscale extended-stay brand Studios. Hyatt acquired Two Roads Hospitality in 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 54% Americas, 22% rest of world, and 23% Asia-Pacific.

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Hyatt Hotels is reportedly nearing a deal to acquire boutique hotel operator Standard International, expanding its luxury properties in prime leisure spots like London, Ibiza, and the Maldives. Negotiations are in advanced stages.

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Shares of Marriott International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), Hilton Hotels Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>), and Hyatt Hotels Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) are <a href="https://www.benzinga.com/topic/hotels">trading lower Wednesday</a>.
About 13,500 unionized hotel workers in four U.S. cities are preparing for strike authorization votes next month as contract negotiations with the above major hotels remain at an impasse.
UNITE HERE, a union representing hotel, casino, and airport workers across the U.S. and Canada, said that the voting will commence in the first week of August in Boston, San Francisco, Honolulu, and Providence, Rhode Island, reported Reuters.
Employees at 125 hotels in these cities are demanding significant pay raises in new contracts to replace those that have expired or will soon expire. 
They also seek improvements in healthcare and pension plans and are pushing for the reversal of pandemic-era cuts such as daily room cleaning.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/07/39833776/hyatt-eyes-standard-international-to-expand-luxury-portfolio-report">Hyatt Eyes Standard International To Expand Luxury Portfolio: Report</a>
&#8220;Frankly, we were insulted with what they came to the table with,&#8221; said Carlos Aramayo, President of UNITE HERE Local 26 in Boston. &#8220;We are very, very far apart from an agreement.&#8221;
A further 26,500 hospitality workers in 16 U.S. cities represented by UNITE HERE are also negotiating new contracts.
A spokesperson from Hyatt expressed disappointment that several UNITE HERE locals have opted to take strike votes, but assured that contingency plans are in place to maintain hotel operations if a strike occurs. 
Hilton emphasized its cooperative and productive relationship with the union.
Price Action: HLT shares are trading lower by 2.12% at $216.03 at last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

What's Going On With Hilton, Marriott And Hyatt Hotel Stocks Today?

8 analysts have shared their evaluations of Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $177.25, a high estimate of $204.00, and a low estimate of $159.00. This current average has increased by 0.71% from the previous average price target of $176.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1721404857_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Hyatt Hotels. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joseph Greff</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$180.00</td>
<td>$171.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Announces</td>
<td>Neutral</td>
<td>$160.00</td>
<td>-</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$168.00</td>
<td>$172.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$162.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$204.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Richard Clarke</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$190.00</td>
<td>$184.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$159.00</td>
<td>$153.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$195.00</td>
<td>$197.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Hyatt Hotels. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Hyatt Hotels compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Hyatt Hotels's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Hyatt Hotels's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/H/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Hyatt Hotels analyst ratings.</a>
<h2>All You Need to Know About Hyatt Hotels</h2>
Hyatt is an operator of owned (4% of total rooms) and managed and franchised (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva, and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, the wellness brand Miraval, and the midscale extended-stay brand Studios. Hyatt acquired Two Roads Hospitality in 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 54% Americas, 22% rest of world, and 23% Asia-Pacific.
<h3>Unraveling the Financial Story of Hyatt Hotels</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Hyatt Hotels's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 2.02%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 30.46%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Hyatt Hotels's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 14.46% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Hyatt Hotels's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.25% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.91, Hyatt Hotels adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Peeling Back The Layers: Exploring Hyatt Hotels Through Analyst Insights

JP Morgan analyst Joseph Greff maintains Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) with a Overweight and raises the price target from $171 to $180.

Price Target

JP Morgan Maintains Overweight on Hyatt Hotels, Raises Price Target to $180

Hyatt Hotels Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) is reportedly close to finalizing a deal to acquire boutique hotel operator Standard International, continuing its trend of expanding luxury properties in popular leisure destinations.
Negotiations between Hyatt and Standard, which manages properties in London, Ibiza, the Maldives, and Melbourne, are in the advanced stages, reported <a href="https://www.bloomberg.com/news/articles/2024-07-17/hyatt-said-to-be-in-advanced-talks-to-buy-standard-hotels-brand?srnd=industries-v2&amp;sref=TBDibEcD">Bloomberg</a>, citing sources familiar with the matter.
Although no transaction has been completed yet, and the deal could still not take place.
A spokesperson for Hyatt said the hospitality major remains committed to &#8220;asset-light growth through both organic expansion and strategic acquisitions.&#8221;
Under the leadership of CEO Mark Hoplamazian, Hyatt has been proactive in acquiring brands such as Alila, Thompson Hotels, and the all-inclusive portfolio of Apple Leisure Group.
These acquisitions have facilitated Hyatt's transition to a business model focused on licensing brands to third-party investors while enhancing its portfolio with high-end hotels that appeal to loyalty program members.
Standard International, initially developed by Andre Balazs, is renowned for its vibrant nightlife offerings at locations like the hotel straddling New York's High Line, the report highlighted.
This acquisition would further strengthen Hyatt's presence in the boutique hotel segment, adding to its collection of luxury properties.
In May, the company reported first-quarter FY24 sales growth of 2% year-on-year to $1.714 billion, <a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38735101/why-is-hyatt-hotels-stock-sliding-today" rel="noreferrer noopener">beating the analyst consensus estimate of $1.707 billion.</a>
Hyatt stock has gained more than 29% in the last 12 months. Investors can gain exposure to the stock via Invesco Leisure And Entertainment ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEJ#NYSE">PEJ</a>) and Invesco S&amp;P MidCap 400 Pure Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RFG#NYSE">RFG</a>).
Price Action: H shares closed lower by 3.13% at $157.15 on Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Wikimedia Commons

Hyatt Hotels's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) short percent of float has risen 5.59% since its last report. The company recently reported that it has 3.62 million shares sold short, which is 9.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 8.53 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Hyatt Hotels Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1719418517_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hyatt Hotels has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Hyatt Hotels's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Hyatt Hotels's peer group average for short interest as a percentage of float is 6.65%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Hyatt Hotels's Recent Short Interest

Providing a diverse range of perspectives from bullish to bearish, 10 analysts have published ratings on Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Hyatt Hotels and provided 12-month price targets. The average target is $174.2, accompanied by a high estimate of $204.00 and a low estimate of $153.00. Observing a 2.24% increase, the current average has risen from the previous average price target of $170.38. 
<img src="https://www.benzinga.com/files/images/story/2024/1718974871_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Hyatt Hotels among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Announces</td>
<td>Neutral</td>
<td>$160.00</td>
<td>-</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$168.00</td>
<td>$172.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$162.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$204.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Richard Clarke</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$190.00</td>
<td>$184.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$159.00</td>
<td>$153.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Buy</td>
<td>$195.00</td>
<td>$197.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$153.00</td>
<td>$156.00</td>
</tr>
<tr>
<td>Simon Yarmak</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$154.00</td>
<td>$146.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Announces</td>
<td>Buy</td>
<td>$197.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Hyatt Hotels. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Hyatt Hotels compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Hyatt Hotels's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Hyatt Hotels's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/H/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Hyatt Hotels analyst ratings.</a>
<h2>Delving into Hyatt Hotels's Background</h2>
Hyatt is an operator of owned (4% of total rooms) and managed and franchised (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva, and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, the wellness brand Miraval, and the midscale extended-stay brand Studios. Hyatt acquired Two Roads Hospitality in 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 54% Americas, 22% rest of world, and 23% Asia-Pacific.
<h3>Hyatt Hotels's Financial Performance</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining Hyatt Hotels's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.02% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Hyatt Hotels's net margin excels beyond industry benchmarks, reaching 30.46%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Hyatt Hotels's ROE stands out, surpassing industry averages. With an impressive ROE of 14.46%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Hyatt Hotels's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 4.25%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.91, Hyatt Hotels adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Hyatt Hotels: 10 Analysts Share Their Views

Susquehanna analyst Christopher Stathoulopoulos initiates coverage on Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) with a Neutral rating and announces Price Target of $160.

Initiation

Susquehanna Initiates Coverage On Hyatt Hotels with Neutral Rating, Announces Price Target of $160

The offering is expected to close on June 17, 2024, subject to customary closing conditions.

Offerings

Hyatt Hotels Reports Pricing Of Public Offering Of $450M Of Senior Notes Due 2029 And $350M Of Senior Notes Due 2034

Truist Securities analyst Patrick Scholes maintains Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) with a Buy and lowers the price target from $172 to $168.

Truist Securities Maintains Buy on Hyatt Hotels, Lowers Price Target to $168

In today&#39;s workplace landscape, drug testing policies vary widely across industries and regions, reflecting both legal complexities and corporate cultures.
So, we decided to take a deep&nbsp;dive into the Indeed career website to look into the drug testing practices of several well-known companies based on user-generated comments. Please note that the answers are user-generated and may not be accurate or current.
Target (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgt#NYSE">TGT</a>), a major player in the retail sector, has diverse drug testing practices across its locations. In Oklahoma and Kansas&nbsp;it appears that drug tests can be requested by employers. Specific roles, such as Asset Protection (AP) and management positions
typically undergo drug testing. Interestingly, responses from employees in Indiana and Wisconsin indicate there are no drug tests for cashier positions or general roles, highlighting the inconsistency across states.
Amazon (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), the e-commerce giant, presents a varied picture. Reports suggest no THC testing for work-from-home positions or for those in Nashville. However, some roles, like those in Amazon Air, might face pre-hire testing, though specific test types remain unspecified. However, converting to a &quot;blue badge&quot; does not seem to involve drug tests.
In-N-Out Burger, a favorite in the fast-food world, generally does not conduct drug tests unless employees work with machinery. Locations like Denver follow this relaxed approach, reflecting a broader industry trend of leniency in non-critical positions.
The hospitality industry, represented by Hyatt (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/h#NYSE">H</a>), shows a mix of policies. Hostess roles in Athens, Georgia and certain kitchen positions do require drug testing. However, many roles, especially in Orlando and Washington, D.C., do not&nbsp;unless there&#39;s a workers&#39; compensation claim involved.
McDonald&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mcd#NYSE">MCD</a>) demonstrates significant variation. Locations in Mobile, Alabama&nbsp;and certain management roles in Ocala, Florida&nbsp;require drug tests. That said, general positions across various states, including Pennsylvania and California, drug testing is largely absent.
At Walmart (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wmt#NYSE">WMT</a>), policies are similarly fragmented. Some roles, particularly in the automotive department in Michigan, involve a 12-panel drug test. Other positions, such as those in digital pickup and delivery, generally do not require drug tests unless mandated by local regulations or specific incidents.
Dollar General (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dg#NYSE">DG</a>) follows a relatively lenient policy with reports indicating no drug tests for keyholder positions or general employees in various states, including New York and Virginia. However, distribution centers might implement testing based on operational needs.
Fast-food chain Burger King generally does not enforce drug tests for most positions, with notable exceptions in specific management roles and locations such as&nbsp;Ohio and Georgia. This policy reflects a broader trend in the industry towards minimal testing unless mandated by local laws or corporate policy shifts.
7-Eleven, a staple in the convenience store industry, rarely conducts drug tests. Locations in Kentucky and Washington state typically do not require pre-employment tests, aligning with a broader trend of leniency in non-safety critical positions.
Lastly, Chick-fil-A exhibits a mixed approach. While background checks are common, drug tests are less frequent, with no tests reported for positions in Lubbock&nbsp;or El Paso Texas. However, some locations, like Dothan, Alabama, do implement testing.
These insights reveal a complex and varied landscape of drug testing policies across major companies. As legal environments and societal norms evolve, so too do the corporate policies that shape the workforce experience. Remember, this information is based on user-generated comments on the job site Indeed and may not reflect the most current or accurate practices.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: AI

Do Major Companies Drug Test Employees? A Look At Amazon, Target, McDonald's, Walmart, Dollar General & More

Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) has outperformed the market over the past 5 years by 1.85% on an annualized basis producing an average annual return of 15.43%. Currently, Hyatt Hotels has a market capitalization of $15.23 billion. 
Buying $1000 In H: If an investor had bought $1000 of H stock 5 years ago, it would be worth $2,049.54 today based on a price of $150.55 for H at the time of writing.
<h3>Hyatt Hotels's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716400865_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Hyatt Hotels 5 Years Ago Would Be Worth This Much Today

Baird analyst Michael Bellisario maintains Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) with a Neutral and raises the price target from $160 to $162.

Baird Maintains Neutral on Hyatt Hotels, Raises Price Target to $162

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Keefe, Bruyette &amp; Woods raised the price target for Assurant, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIZ#NYSE">AIZ</a>) from $182 to $186. Keefe, Bruyette &amp; Woods analyst Thomas McJoynt-Griffith maintained a Market Perform rating. Assurant shares rose 0.6% to close at $177.33 on Tuesday. <a href="https://www.benzinga.com/quote/AIZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs boosted the price target for Insmed Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSM#NASDAQ">INSM</a>) from $40 to $49. Goldman Sachs analyst Andrea Tan maintained a Buy rating. Insmed shares fell 1.5% to close at $25.45 on Tuesday. <a href="https://www.benzinga.com/quote/INSM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Susquehanna raised Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) price target from $12 to $14. Susquehanna analyst James Friedman maintained a Positive rating. Nu Holdings shares rose 1.5% to close at $11.55 on Tuesday. <a href="https://www.benzinga.com/quote/NU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho boosted the price target for Hyatt Hotels Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) from $195 to $204. Mizuho analyst Ben Chaiken maintained a Buy rating. Hyatt Hotels shares gained 0.8% to close at $150.47 on Tuesday. <a href="https://www.benzinga.com/quote/H/analyst-ratings">See how</a> <a href="https://www.benzinga.com/quote/INSM/analyst-ratings">other analysts view this stock.</a></li>
<li>Morgan Stanley increased Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) price target from $128 to $152. Morgan Stanley analyst Erik Woodring maintained an Overweight rating. Dell shares gained 2.4% to close at $134.12 on Tuesday. <a href="https://www.benzinga.com/quote/DELL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird boosted Boot Barn Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOOT#NYSE">BOOT</a>) price target from $90 to $100 Baird analyst Jonathan Komp maintained a Neutral rating. Boot Barn shares rose 0.2% to close at $107.03 on Tuesday. <a href="https://www.benzinga.com/quote/BOOT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein raised the price target for General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) from $62 to $70. Bernstein analyst Alexia Howard upgraded the stock from Underperform to Market Perform. General Mills shares rose 0.3% to close at $70.85 on Tuesday. <a href="https://www.benzinga.com/quote/GIS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank cut Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) price target from $409 to $295. Deutsche Bank analyst Bryan Keane downgraded the stock from Buy to Hold. Accenture shares fell 0.2% to close at $306.95 on Tuesday. <a href="https://www.benzinga.com/quote/ACN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush slashed Jack in the Box Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) price target from $78 to $68. Wedbush analyst Nick Setyan maintained an Outperform rating. Jack in the Box shares closed at $53.07 on Tuesday. <a href="https://www.benzinga.com/quote/JACK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham raised On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>) price target from $40 to $45. Needham analyst Anna Andreeva maintained a Buy rating. On Holding shares climbed 18.3% to close at $36.30 on Tuesday. <a href="https://www.benzinga.com/quote/ONON/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/05/38835371/cisco-prestige-consumer-healthcare-and-3-stocks-to-watch-heading-into-wednesday">Cisco, Prestige Consumer Healthcare And 3 Stocks To Watch Heading Into Wednesday</a>

BOOT

DELL

INSM

JACK

ONON

Dell To Rally Over 13%? Here Are 10 Top Analyst Forecasts For Wednesday

Mizuho analyst Ben Chaiken maintains Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) with a Buy and raises the price target from $195 to $204.

Mizuho Maintains Buy on Hyatt Hotels, Raises Price Target to $204

The earnings results for Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) for Q1 were made public on Thursday, May 9, 2024 at 06:55 AM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Hyatt Hotels missed estimated earnings by -23.0%, reporting an EPS of $0.71 versus an estimate of $0.92.
Revenue was up $34.00 million from the same period last year.
<h3>Historical Earnings Summary</h3>
During the previous quarter, the company beat on EPS by $0.25, leading to a 11.0% increase share price change the next day.
Here's a look at Hyatt Hotels's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.92</td>
<td>0.39</td>
<td>0.62</td>
<td>0.83</td>
<td>0.48</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.71</td>
<td>0.64</td>
<td>0.70</td>
<td>0.82</td>
<td>0.41</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.71B</td>
<td>1.60B</td>
<td>1.64B</td>
<td>1.65B</td>
<td>1.58B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.71B</td>
<td>1.66B</td>
<td>1.62B</td>
<td>1.71B</td>
<td>1.68B</td>
</tr>
</tbody>
</table>

<h3>Latest Earnings Reports from Competitors</h3>
It's important to consider Hyatt Hotels's numbers in relation to how its competitors, like Hilton Grand Vacations, Sabre, and Despegar.com, have been performing.
<ul>
<li>The latest earnings announcement from Hilton Grand Vacations on May 09, 2024 exceeded expectations, with an actual EPS of $0.95 compared to the market's estimate of $0.72, resulting in a 31.94% increase.</li>
<li>Sabre's earnings announcement on May 02, 2024 exceeded expectations, with an actual EPS of $-0.02 compared to the market's projected EPS of $-0.1, resulting in a 80.0% increase.</li>
<li>Despegar.com announced earnings on March 14, 2024, revealing results below market expectations. Despite the market's anticipation of an EPS of $0.17, Despegar.com's actual EPS was $-0.08, resulting in a -147.06% decrease compared to expectations.</li>
</ul>
<h3>Reviewing Competitors' Quarterly Earnings and Stock Performance</h3>
Insights into the market's response to the latest earnings releases of key competitors are provided in this analysis. It highlights the expected and announced earnings per share (EPS) for each company, along with their corresponding stock prices at the close of the announcement day and the open of the following trading day.

<table>
<thead>
<tr>
<th>Company Name</th>
<th>Date</th>
<th style="text-align: right;">EPS Expected</th>
<th style="text-align: right;">EPS Announced</th>
<th>EPS Change Percent</th>
<th>Stock Price At Close</th>
<th>Stock Price at Next Day Open</th>
<th>Price Change Percent</th>
</tr>
</thead>
<tbody>
<tr>
<td>Hyatt Hotels</td>
<td>May 9, 2024</td>
<td style="text-align: right;">0.92</td>
<td style="text-align: right;">0.71</td>
<td>-22.83%</td>
<td>$152.27</td>
<td>$152.87</td>
<td>0.39%</td>
</tr>
<tr>
<td>Hilton Grand Vacations</td>
<td>May 09, 2024</td>
<td style="text-align: right;">0.72</td>
<td style="text-align: right;">0.95</td>
<td>31.94%</td>
<td>$43.16</td>
<td>$42.94</td>
<td>-0.51%</td>
</tr>
<tr>
<td>Sabre</td>
<td>May 02, 2024</td>
<td style="text-align: right;">-0.10</td>
<td style="text-align: right;">-0.02</td>
<td>80.0%</td>
<td>$2.91</td>
<td>$2.92</td>
<td>0.34%</td>
</tr>
<tr>
<td>Despegar.com</td>
<td>March 14, 2024</td>
<td style="text-align: right;">0.17</td>
<td style="text-align: right;">-0.08</td>
<td>-147.06%</td>
<td>$9.89</td>
<td>$11.11</td>
<td>12.34%</td>
</tr>
</tbody>
</table>

<h3>Peer Revenue Comparison: Estimated vs. Announced Revenue</h3>
Below is a comparison of estimated and announced revenue figures for Hyatt Hotels's peers. This comparison gives insights into the revenue performance of these companies, providing valuable context for understanding their financial standing within the industry.

<table>
<thead>
<tr>
<th>Company Name</th>
<th>Estimated Revenue</th>
<th>Announced Revenue</th>
<th>Revenue Surprise Percentage</th>
</tr>
</thead>
<tbody>
<tr>
<td>Hyatt Hotels</td>
<td>1.71B</td>
<td>1.71B</td>
<td>0.23%</td>
</tr>
<tr>
<td>Hilton Grand Vacations</td>
<td>1.11B</td>
<td>1.16B</td>
<td>4.14%</td>
</tr>
<tr>
<td>Sabre</td>
<td>751.37M</td>
<td>782.89M</td>
<td>4.19%</td>
</tr>
<tr>
<td>Despegar.com</td>
<td>191.43M</td>
<td>203.66M</td>
<td>6.39%</td>
</tr>
</tbody>
</table>

To track all earnings releases for Hyatt Hotels <a href="https://www.benzinga.com/quote/H/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Earnings Breakdown: Hyatt Hotels Q1

Bernstein analyst Richard Clarke maintains Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) with a Outperform and raises the price target from $184 to $190.

Bernstein Maintains Outperform on Hyatt Hotels, Raises Price Target to $190

Barclays analyst Brandt Montour maintains Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) with a Equal-Weight and raises the price target from $153 to $159.

Barclays Maintains Equal-Weight on Hyatt Hotels, Raises Price Target to $159

Hyatt Hotels Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) shares are trading lower after the company reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/b38726148/hyatt-reports-first-quarter-2024-results" rel="noreferrer noopener">first-quarter adjusted EPS below street view.</a>
The company reported first-quarter FY24 sales growth of 2% year-on-year to $1.714 billion, beating the analyst consensus estimate of $1.707 billion.
Comparable system-wide RevPAR increased 5.5% to $131.86. System-wide Net Rooms Growth was 5.5%. Comparable owned and leased hotels RevPAR increased 0.1% to $178.04.
Adjusted EBITDA fell 5.9% to $252 million from $268 million last year. Adjusted EPS of $0.71 <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">missed the analyst consensus of $0.91.</a>
Hyatt repurchased 528,427 million shares of Class A common stock for $76 million in the first quarter. The company held $794 million in cash and equivalents as of March-end. At the end of first-quarter, the company had a total debt of $3.05 billion.
The company&#8217;s board of directors has authorized the repurchase of up to&nbsp;an additional&nbsp;$1 billion of the company&#8217;s common stock. As of May 9, the company has approximately $1.8&nbsp;billion remaining under the share repurchase authorization.
Outlook: Hyatt expects FY24 capital expenditure to be $170 million. The company currently expects to grow net rooms by 5.5% &#8211; 6%. It expects comparable system-wide hotels RevPAR to increase 3% to 5% <a href="https://www.benzinga.com/calendars/guidance">on a constant currency basis.</a>
The company&#8217;s full-year Adjusted EBITDA&nbsp;is projected between $1.15 billion and $1.19 billion and is in line with the previously provided outlook when adjusting for $30&nbsp;million of reduced Adjusted EBITDA due to transactions.
Price Action: H shares are trading lower by 1.62% at $145.43 at the last check Thursday.
Photo via Wikimedia Commons

Guidance

Buybacks

Why Is Hyatt Hotels Stock Sliding Today?

Hyatt Hotels shares are trading lower following a Q1 earnings miss.

Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) reported quarterly sales of $1.714 billion which beat the analyst consensus estimate of $1.707 billion by 0.40 percent. This is a 2.02 percent increase over sales of $1.680 billion the same period last year.

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Hyatt Hotels

Hyatt Hotels (H) Forecast

Hyatt Hotels (NYSE:H) Stock, Quote.Headers.trade-ideas