HTHT Stock Recent News

Shares of H World Group Ltd (HTHT, Financial) surged 4.28% in mid-day trading on Oct 2. The stock reached an intraday high of $41.61, before settling at $40.52, up from its previous close of $38.86.

H World Group (HTHT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, HTHT broke through the 200-day moving average, which suggests a long-term bullish trend.

H World Group (HTHT) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, HTHT crossed above the 20-day moving average, suggesting a short-term bullish trend.

SINGAPORE and SHANGHAI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a key player in the global hotel industry, today announced that Mr. Jun Zou will resign as the chief financial officer of the Company for personal reasons, effective on September 4, 2024. Ms. Hui Chen, the chief compliance officer of the Company, has been appointed as the chief financial officer of the Company, effective on September 4, 2024.

I am positive on H World Group driven by robust domestic travel demand in China, evidenced by strong flight volume recovery and hotel occupancy rates. HTHT's strategic growth initiatives, including brand upgrades and B2B sales expansion, position it well to capture increasing demand in the travel and leisure sector. Valuation is attractive, with HTHT trading near its 5-year low despite a positive growth outlook and potential for multiples rerating upwards.

HTHT has guided for a modest +3.5% YoY top-line expansion and a mid-single-digit percentage decrease in its RevPAR for Q3 2024. H World's potential forward mid-single-digit percentage shareholder yield is reasonably good. A Hold rating for H World is left unchanged, taking into account its weak short-term financial prospects and decent shareholder yield.

H World Group Limited (NASDAQ:HTHT ) Q2 2024 Earnings Conference Call August 20, 2024 9:00 PM ET Company Participants Jason Chen - Investor Relations Director Jin Hui - Chief Executive Officer Zou Jun - Executive Vice President & Chief Financial Officer Conference Call Participants Roland Leung - Bank of America Dan Xu - Morgan Stanley Simon Cheung - Goldman Sachs Operator Good day and thank you for standing by. Welcome to H World Second Quarter 2024 Earnings Conference Call.

H World Group (HTHT) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.43 per share a year ago.

Revenue Growth, Enhanced Profitability, and Milestone Reached in Hotel Network HONG KONG , Aug. 20, 2024 /PRNewswire/ -- H World Group Limited ("H World" or "the Group", NASDAQ: HTHT and HKEX: 1179.HK) announced its unaudited financial results for the second quarter ("Q2 2024") and interim period ended June 30, 2024. In the first half of the year, revenue increased by 14.1% year-over-year, with second quarter revenue growth slightly exceeding the upper limit of guidance.

SINGAPORE and SHANGHAI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, the “Company”, “we” or “our”), a key player in the global hotel industry, today announced its unaudited financial results for the second quarter and the first half ended June 30, 2024.