Hilton Hotels Corporation Common Stock (NYSE:HLT)
June 11th, 2019
Amidst falling markets Hilton Hotels Corporation Common Stock finished up $0.88 Tuesday, up 0.95%, closing at $93.93. Furthermore it hit a new 52 week high of $94.82. While it is positive news the stock ended higher, the trading volumes were only 46.00% of normal which could be an indication of investor uncertainty. Be aware that the Altman Z-Score1 (An indicator of the probability for a 2-year bankruptcy) is below the recommended threshold of 1.8%, and calculated to be 0.99.
HLT outperformed the rest of the Consumer Discretionary sector which went up 0.33% today.
Hilton Hotels Corporation Common Stock is listed on the S&P 500 index, and was one of 226 stocks that increased today. Weighted by market cap, HLT represents about 0.11% of the S&P 500.
Analysis results from 24 analysts suggest that Hilton Hotels Corporation Common Stock could go up somewhat (6.12%), while Finbox has calculated (with medium uncertainty) a fair value price of $107.33.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Consumer Staples saw the biggest increase of the day (0.41%), while the Industrials sector saw the biggest drop (-0.90%). Information Technology has seen the biggest year-to-date gain of 23.75%.
Industrials and Utilities both saw turn-arounds from their five day positive performances with Industrials dropping -0.90%.
- Consumer Staples, up 0.41%.
- Consumer Discretionary, up 0.33%.
- Communication Services, up 0.29%.
- Real Estate, up 0.18%.
- Energy, up 0.12%.
- Information Technology, up 0.02%.
- Financials, stayed even 0.00%.
- Materials, down -0.07%.
- Healthcare, down -0.25%.
- Utilities, down -0.69%.
- Industrials, down -0.90%.
Hilton Hotels Corporation Common Stock Info
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Motto by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Signia Hilton brands. It operates in North America, South America, and Central America, including various Caribbean nations; Europe, the Middle East, and Africa; and the Asia Pacific. As of June 3, 2019, the company had approximately 5,700 properties with approximately 923,000 rooms in 113 countries and territories. Hilton Worldwide Holdings Inc. was founded in 1919 and is headquartered in McLean, Virginia.
All amounts in USD unless otherwise indicated
(1) The Altman Z-Score calculation was first published in 1968 by Edward I. Altman, and is used for predicting the probability that a firm will go into bankruptcy within two years. An Altman Z-Score below 1.8 (Remember that Hilton Hotels Corporation Common Stock’s score is 0.99) is the trigger to be alert for this situation. Some analysts believe this score is less relevant for some companies, in particular companies operating to accumulate users that may run at huge losses to scale up.
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