The stock of China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is a huge mover today! The stock decreased 2.44% or $1.13 on September 30, hitting $45.09. About 206,791 shares traded hands or 6.54% up from the average. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) has risen 61.04% since February 29, 2016 and is uptrending. It has outperformed by 50.61% the S&P500.
The move comes after 6 months negative chart setup for the $3.16 billion company. It was reported on Oct, 1 by Barchart.com. We have $42.38 PT which if reached, will make NASDAQ:HTHT worth $189.60 million less.
Analysts await China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) to report earnings on November, 8. They expect $0.51 EPS, down 7.27% or $0.04 from last year’s $0.55 per share. HTHT’s profit will be $35.74 million for 22.10 P/E if the $0.51 EPS becomes a reality. After $0.67 actual EPS reported by China Lodging Group, Ltd (ADR) for the previous quarter, Wall Street now forecasts -23.88% negative EPS growth.
China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) Ratings Coverage
Out of 7 analysts covering China Lodging (NASDAQ:HTHT), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. China Lodging has been the topic of 11 analyst reports since August 18, 2015 according to StockzIntelligence Inc. Zacks downgraded China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) on Thursday, August 20 to “Hold” rating. The firm earned “Neutral” rating on Wednesday, August 19 by Credit Suisse. The stock of China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) earned “Hold” rating by Deutsche Bank on Wednesday, November 11. Brean Capital maintained China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) on Wednesday, August 17 with “Buy” rating. The firm has “Buy” rating by Goldman Sachs given on Thursday, October 8. The company was maintained on Thursday, November 12 by Macquarie Research. The company was downgraded on Wednesday, August 17 by Morgan Stanley. As per Monday, November 9, the company rating was upgraded by TH Capital. Credit Suisse upgraded the shares of HTHT in a report on Wednesday, October 14 to “Outperform” rating.
According to Zacks Investment Research, “China Lodging Group, Limited is an economy hotel chain operator in China. The Company offers hotel products under three brands that are designed to target distinct groups of customers. The three brands are HanTing Seasons Hotel, HanTing Express Hotel, and HanTing Hi Inn. China Lodging Group, Limited is headquartered in Shanghai, the People’s Republic of China.”
More important recent China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) news were published by: Marketwatch.com which released: “China Lodging Group Ltd. ADR” on October 08, 2010, also Quotes.Wsj.com published article titled: “DOW JONES, A NEWS CORP COMPANY”, Benzinga.com published: “The Positive And Negative For China Lodging Group” on June 06, 2016. More interesting news about China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) was released by: Seekingalpha.com and their article: “Possible Jewel In The Chinese Hospitality Sector” with publication date: December 15, 2015.
HTHT Company Profile
China Lodging Group, Limited, incorporated on January 4, 2007, is a holding company. The Firm is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the onsite hotel managers the Company appoints and collects fees from franchisees. Under the franchise model, the Company provides training, reservation and support services to the franchised hotels and collects fees from franchisees. The Firm has approximately 620 leased hotels; over 2,070 manachised hotels and approximately 80 franchised hotels in operation and over 20 leased hotels and approximately 660 manachised and franchised hotels under development. The Firm offers approximately seven hotel brands that focus on various divisions of customers: Joya Hotel, Manxin Hotels & Resorts, JI Hotel, Starway Hotel, Elan Hotel, HanTing Hotel and Hi Inn.
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