Hilton Worldwide Holdings Inc. is a $66.3 billion company managing hotels like Waldorf Astoria and Hilton Hotels & Resorts across 138 countries. Its vast room network, including Hampton and Hilton, and loyalty program with 195 million members, contribute to its steady revenue growth and market reach expansion.
Despite slipping 1.5% from its 52-week high of $287.40, Hilton stock has gained 2.5% in the past three months, underperforming the Nasdaq Composite’s 8.5% gains. Over the long term, Hilton’s shares have risen 14.5% YTD and 11.7% in the past year, underperforming the NASX.
Hilton’s stock has been trading above its 50-day moving average since early November and above its 200-day moving average since early May. After reporting Q3 results on Oct. 22, Hilton shares closed up more than 3%, with revenue at $3.1 billion and adjusted EPS at $2.11, reflecting growth from the year-ago quarter.
Marriott International, Inc. has seen lagging stock performance compared to Hilton, with an 8.8% uptick YTD and 5% gains over the past 52 weeks. Wall Street analysts show a “Moderate Buy” consensus on Hilton stock, with a mean price target of $288.75 suggesting a potential 2% upside from current levels.
Read more at Yahoo Finance: Is Hilton Stock Underperforming the Nasdaq?
