Stock Worth Mentioning: Could China Lodging Group, Ltd (ADR) Lose its Strength? The Stock Reaches 52-Week High

Stock Worth Mentioning: Could China Lodging Group, Ltd (ADR) Lose its Strength? The Stock Reaches 52 Week High

The stock of China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) hit a new 52-week high and has $53.49 target or 6.00% above today’s $50.46 share price. The 6 months bullish chart indicates low risk for the $3.61B company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $53.49 price target is reached, the company will be worth $216.60 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 477,306 shares traded hands or 232.96% up from the average. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) has risen 32.46% since April 25, 2016 and is uptrending. It has outperformed by 26.45% the S&P500.

Analysts await China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) to report earnings on March, 9. They expect $0.23 earnings per share, up 35.29% or $0.06 from last year’s $0.17 per share. HTHT’s profit will be $16.45M for 54.85 P/E if the $0.23 EPS becomes a reality. After $0.62 actual earnings per share reported by China Lodging Group, Ltd (ADR) for the previous quarter, Wall Street now forecasts -62.90% negative EPS growth.

China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) Ratings Coverage

Out of 7 analysts covering China Lodging (NASDAQ:HTHT), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. $48 is the highest target while $25.20 is the lowest. The $36.28 average target is -28.10% below today’s ($50.46) stock price. China Lodging has been the topic of 11 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Goldman Sachs on Thursday, October 8. The rating was upgraded by Credit Suisse to “Outperform” on Wednesday, October 14. The company was upgraded on Monday, November 9 by TH Capital. The rating was downgraded by Zacks to “Hold” on Thursday, August 20. On Wednesday, November 11 the stock rating was upgraded by Deutsche Bank to “Hold”. The firm earned “Neutral” rating on Wednesday, August 19 by Credit Suisse. The rating was maintained by Macquarie Research with “Outperform” on Thursday, November 12. The stock has “Equal-Weight” rating given by Morgan Stanley on Wednesday, August 17. The stock of China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) has “Buy” rating given on Wednesday, August 17 by Brean Capital.

According to Zacks Investment Research, “China Lodging Group, Limited is an economy hotel chain operator in China. The Company offers hotel products under three brands that are designed to target distinct groups of customers. The three brands are HanTing Seasons Hotel, HanTing Express Hotel, and HanTing Hi Inn. China Lodging Group, Limited is headquartered in Shanghai, the People’s Republic of China.”

More news for China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) were recently published by: Marketwatch.com, which released: “China Lodging Group Ltd. ADR” on October 08, 2010. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 11, 2011 is yet another important article.

HTHT Company Profile

China Lodging Group, Limited, incorporated on January 4, 2007, is a holding company. The Firm is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the onsite hotel managers the Company appoints and collects fees from franchisees. Under the franchise model, the Company provides training, reservation and support services to the franchised hotels and collects fees from franchisees. The Firm has approximately 620 leased hotels; over 2,070 manachised hotels and approximately 80 franchised hotels in operation and over 20 leased hotels and approximately 660 manachised and franchised hotels under development. The Firm offers approximately seven hotel brands that focus on various divisions of customers: Joya Hotel, Manxin Hotels & Resorts, JI Hotel, Starway Hotel, Elan Hotel, HanTing Hotel and Hi Inn.

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