Baird analyst Michael Bellisario maintains $Hilton Worldwide (HLT.US)$ with a buy rating, and adjusts the target price from $215 to $236.
According to TipRanks data, the analyst has a success rate of 54.2% and a total average return of 5.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hilton Worldwide (HLT.US)$'s main analysts recently are as follows:
The macroeconomic environment has presented a slight drag on the overall revenue per available room (RevPAR) growth forecast for Hilton up to the year 2025.
The company outperformed in Q3 with EBITDA and earnings surpassing expectations, despite a lag in RevPAR results, and provided Q4 guidance that fell short of consensus expectations. Analysts suggest that the recent report may cause investors in lodging C-corporations to reassess. While Hilton's RevPAR is showing signs of slowing, the company's unit growth projections are stable, and the advance bookings for groups in 2025 and 2026 offer a degree of reassurance to investors.
The firm observed that Hilton's RevPAR fell short of the guided range due to a weaker September influenced by calendar shifts, conditions in the US and APAC regions, weather impacts, labor dynamics, and the situation in China.
Note:
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