There exists a plethora of updates concerning Hilton Worldwide Holdings Inc. (NYSE:HLT). The firm beat Q2 2024 EPS and revenue estimates and exhibited impressive growth over the past year. However, its stock slid after Q2 results were announced due to soft guidance. Despite this, projections were increased with a lowered price target to $181.00 at Deutsche Bank and $224.00 at Barclays. Significantly, Hilton is to announce its quarterly earnings soon, leading some experts to advise retaining the HLT stock. Expansion plans and robust industry trends are contributing to the continual earnings growth. The release date for second quarter earnings of 2024 has been announced, besides Hilton hitting a new 1-year high at $225.71. Despite these positive indicators, there are concerns related to possible bearish signals with insiders disposing off stock. HLT remains a strong momentum stock for the long term, and is also viewed as a potentially fruitful long-term investment. However, with the share price falling, investors may need to be cautious. As the market remains dynamic, it is noteworthy to highlight Hilton's new partnership with a boutique chain, leading to stock rise.
Hilton Stocks HLT News Analytics from Tue, 13 Jun 2017 07:00:00 GMT to Sun, 11 Aug 2024 16:23:59 GMT - Rating 5 - Innovation 2 - Information 7 - Rumor -5
