H World Group Limited ADR (NASDAQ: HTHT) – Time For Strategy Change?

H World Group Limited ADR (NASDAQ:HTHT) currently has a daily average trading volume of 2.05M but it saw 2940842 shares traded in last market. With a market cap of 12.03B USD, the company’s current market price of $38.40 came rising about 1.86 while comparing to the previous closing price of $37.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.98 and as low as $27.03. In the recent trading on the day, stock has struck highest price mark of $37.54 while lowest mark touched by it was $38.4.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the CLSA which resumed the stock as “Buy” in its note to investors issued on April 26, 2024, recommending a price target of $47 for it.

Over the week, HTHT’s stock price is moving 0.13% up while it is 18.41% when we observe its performance for the past one month. Year-to-date it is 14.83% up and over the past year, the stock is showing an upside performance of 7.33%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.59 beat the consensus estimate of 0.44 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0.64 while estimate for next year EPS is 1.8. In next quarter, company is expected to be making quarterly sales of $826.94M as analysts are expecting the sales for current fiscal year at $3.36B and seeing the company making $3.64B in sales next year. Moreover, analysts are in estimates of $912.17M for current-quarter revenue.

Currently, H World Group Limited ADR’s total number of outstanding shares is 315.90M. Company’s return on investment (ROI) stands at 8.55% and return on equity (ROE) at 29.89%. It has a price to earnings ratio (P/E ratio) of 23.94 while having a 18.65 of forward P/E ratio. Stock’s beta reads 0.76. Stock has a price to book (P/B) ratio of 7.41 while price to sale or P/S ratio amounts to 3.73. Its return on asset (ROA) is 6.09% on average.