Earnings Alerts

Hyatt Hotels Corp Cl A (H) Earnings Forecast Updated: Adj EBITDA Revised to $1.1B-$1.14B for 2024

  • Hyatt’s adjusted EBITDA forecast for 2024 has been revised to between $1.1 billion and $1.14 billion, down from the previous range of $1.14 billion to $1.18 billion.
  • Revenue per available room (RevPAR) is still expected to increase by 3% to 4% in 2024.
  • Hyatt is maintaining its forecast for net room growth at 5.5% to 6%.
  • The company’s capital expenditure for 2024 is projected to be around $170 million.
  • Hyatt has completed the sale of the Hyatt Regency Orlando for $1.07 billion.
  • There are reports that Ares JV is close to securing a $1 billion deal for the Hyatt Regency Orlando.
  • Analyst ratings for Hyatt: 10 buy recommendations, 13 hold recommendations, and no sell recommendations.

Hyatt Hotels Corp Cl A on Smartkarma

Analyst coverage on Hyatt Hotels Corp Cl A by independent research network Smartkarma reveals valuable insights into the company’s performance and future prospects.

Baptista Research, a key contributor, highlights Hyatt’s strong revenue growth and performance in various customer segments. In their reports such as “Favorable China Dynamics”, Baptista emphasizes Hyatt’s robust leisure travel trends, increased system-wide RevPAR, and a growing loyalty program, indicating positive momentum for the company. The comprehensive analysis includes evaluating key factors influencing Hyatt’s stock price and conducting a detailed valuation using methodologies like Discounted Cash Flow, providing investors with a nuanced understanding of potential risks and opportunities.


A look at Hyatt Hotels Corp Cl A Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Hyatt Hotels Corp Cl A, a global hospitality company, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a strong score of 5 for Growth, Hyatt is positioned for potential expansion and development in its branded hotels and resorts worldwide. Additionally, the company scores a respectable 3 in both Value and Resilience, indicating a solid foundation and reasonable valuation. Momentum and Dividend scores of 3 and 2, respectively, suggest stable performance and room for improvement in these areas. Overall, Hyatt Hotels Corp Cl A appears well-rounded, with particular strengths in growth prospects.

As a leading player in the hospitality industry, Hyatt Hotels Corp Cl A is poised for continued success given its favorable Smartkarma Smart Scores. The company’s emphasis on growth, coupled with its established global presence, bodes well for its future performance. While maintaining a balance of resilience and value, Hyatt demonstrates a commitment to sustained development and profitability. With momentum and dividend factors also considered, Hyatt Hotels Corp Cl A presents a compelling investment opportunity for those seeking exposure to the hospitality sector. In summary, Hyatt Hotels Corp Cl A stands out as a strong contender for long-term investment consideration.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars