Stifel cuts Hyatt Hotels price target to $132 from $156.75

Published 04/16/2025, 09:55 AM
Stifel cuts Hyatt Hotels price target to $132 from $156.75

On Wednesday, Stifel analysts revised their outlook for Hyatt Hotels Corporation (NYSE:H), reducing the price target on the company’s shares to $132.00 from the previous target of $156.75. The firm maintained its Hold rating on the stock. The revision comes as Hyatt’s shares have declined nearly 30% year-to-date, currently trading at $107.71, significantly below its 52-week high of $168.20. According to InvestingPro data, the stock appears to be trading near its Fair Value.

The adjustment was attributed to a change in earnings per share (EPS) estimates for the upcoming years, with the 2025 EPS forecast decreased to $3.66 from $3.97, and the 2026 EPS projection lowered to $4.48 from $4.80. Stifel’s analysts noted that the revisions were made to reflect weaker current trends observed in the first half of 2025, as well as a cautious approach to forward estimates. InvestingPro data shows that five analysts have recently revised their earnings downward for the upcoming period, with the consensus EPS forecast for 2025 now standing at $2.75.

Stifel’s analysis indicates that while the immediate outlook for Hyatt Hotels has been tempered, there is still a level of uncertainty that may necessitate further adjustments as the year continues. The firm emphasized their intention to closely monitor the hotel chain’s performance and update their estimates accordingly. Despite recent challenges, Hyatt maintains a P/E ratio of 8.4x and has demonstrated strong profitability with a gross margin of 42.5%. For deeper insights into Hyatt’s valuation and performance metrics, investors can access the comprehensive Pro Research Report available on InvestingPro.

The revised price target and EPS estimates suggest a more conservative stance from Stifel regarding Hyatt Hotels’ near-term financial performance. This recalibration of expectations comes as the analysts observe current market trends and incorporate them into their financial models for the company.

Hyatt Hotels Corporation, which operates as a global hospitality company, will likely continue to be assessed by Stifel and other market analysts as the year progresses, with particular attention paid to the company’s ability to navigate the evolving market conditions.

In other recent news, Hyatt Hotels Corporation reported several significant developments. The company announced the issuance of $1 billion in senior notes to partially fund its acquisition of Playa Hotels & Resorts N.V., as outlined in a recent SEC filing. This financial maneuver aligns with Hyatt’s strategy to expand its portfolio while reducing real estate assets. Meanwhile, Goldman Sachs downgraded Hyatt’s stock from ’Neutral’ to ’Sell,’ adjusting the price target to $110 due to concerns over uncertain demand and limited growth potential. The investment firm cited Hyatt’s exposure to the Chinese market and a more limited construction pipeline as factors contributing to this decision.

Furthermore, Hyatt plans to triple its number of properties in India over the next five years, driven by a surge in domestic travel and increased spending on events. The expansion will add 100 hotels to its current 50, with several new properties opening this year. In another move, Hyatt has mutually agreed with its executives to terminate a set of performance share units granted in 2020, a decision disclosed in an SEC filing. Additionally, Hyatt announced that Hotel X Toronto will join its Destination by Hyatt brand, marking the brand’s first entry into Canada, expanding Hyatt’s presence in the region.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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