Hilton Worldwide Holdings, Inc. (HLT) (formerly, Hilton Worldwide and Hilton Hotels Corporation) is an American global hospitality company that manages and franchises a broad portfolio of hotels and resorts. Founded by Conrad Hilton in 1919, the corporation is now led by Christopher J. Nassetta. As of January 2016, Hilton Worldwide's portfolio includes 4,610 hotels with over 758,502 rooms. In January 2016, the opening of the Hilton in Chad marked the 100th country Hilton resides in, thus making the corporation the largest hotel chain in the world by rooms and international presence. Prior to their December 2013 IPO, Hilton was ranked as the 36th largest privately held company in the United States by Forbes. Hilton Worldwide has 13 brands across different market segments including Conrad Hotels & Resorts, Canopy by Hilton, Curio – A Collection by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Inn, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations and Waldorf Astoria Hotels & Resorts. In January 2016 Hilton unveiled its new midscale-market brand, Tru by Hilton. On December 12, 2013, Hilton again became a public company in its second IPO to raise an estimated $2.35 billion. Conrad Hilton founded the company in Cisco, Texas in 1919 and established headquarters in Beverly Hills, California from 1969 until 2009. The company moved to Tysons Corner, unincorporated Fairfax County, Virginia, near McLean in August 2009. The company has been a sponsor of the United States Olympic Team since 2005.
Reported before open today (4/27/16) Earnings: EPS $0.17 Revenue $2.75B Estimates: EPS $0.16 Revenue $2.74B
Reported before open today (10/26/16) Earnings: EPS $0.23 Revenue $2.94B Estimates: EPS $0.23 Revenue $2.99B Down 1.76% today
Upcoming dividend information: Ex-Div-Date: 11/8/16 Payment Date: 12/2/16 Dividend: $0.07 Current Price: $22.25 Annual Yield: 1.26%
After a 3:1 reverse split, and 989.78M shares outstanding, this should have brought the new shares outstanding to 329.936M effectively raising the EPS to 4.68. If I'm correct the P/E ratio should be around 12. What am I missing?
The PE is where it should be Currency in USD Range 56.84 - 58.42 52 week 48.48 - 83.85 Open 58.06 Vol / Avg. 4.36M/3.64M Mkt cap 19.41B P/E 12.22
Ah ok. Thanks. It must have been updated. I checked at multiple locations and it was around 37. Any idea why a 3:1 reverse split of a stock trading at $25 would lead to the stock trading at $58? Also, some people are still working under the assumption that the P/E is in the 30's. https://www.thestreet.com/story/139...rating.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
Odd. A lot of these pundit-advisers are definitely investing a "V-shaped" recovery, even though the left side of the "V" is still taking shape.
Heres the thing. He said hotels are in big trouble and can go to zero, then a sentence later he says he is buying. These guys with billions of dollars to put to work dont care about catching a bottom, he can buy 1M shares here, then another million at $2 to average down. Us normal people cant do that.
