Shares of GreenTree Hospitality Group Ltd – (NYSE:GHG) have received an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus price objective of $17.50 for the company and are predicting that the company will post $0.17 EPS for the current quarter, according to Zacks. Zacks has also given GreenTree Hospitality Group an industry rank of 96 out of 255 based on the ratings given to its competitors.
A number of equities research analysts have commented on the stock. Zacks Investment Research lowered shares of GreenTree Hospitality Group from a “hold” rating to a “sell” rating in a report on Tuesday, April 9th. CLSA assumed coverage on shares of GreenTree Hospitality Group in a report on Tuesday, January 22nd. They set a “buy” rating and a $15.70 price objective on the stock.
NYSE:GHG traded down $0.11 during mid-day trading on Wednesday, reaching $14.60. 95,417 shares of the company were exchanged, compared to its average volume of 80,616. GreenTree Hospitality Group has a 12 month low of $9.50 and a 12 month high of $25.10. The firm has a market cap of $1.45 billion and a P/E ratio of 23.93.
GreenTree Hospitality Group (NYSE:GHG) last issued its quarterly earnings data on Thursday, March 14th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. GreenTree Hospitality Group had a net margin of 41.76% and a return on equity of 25.30%. The firm had revenue of $36.34 million for the quarter. As a group, analysts expect that GreenTree Hospitality Group will post 0.81 EPS for the current year.
Institutional investors have recently added to or reduced their stakes in the business. Two Sigma Advisers LP raised its position in shares of GreenTree Hospitality Group by 7.3% in the 4th quarter. Two Sigma Advisers LP now owns 23,400 shares of the company’s stock valued at $304,000 after acquiring an additional 1,600 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of GreenTree Hospitality Group by 14.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 67,361 shares of the company’s stock valued at $875,000 after acquiring an additional 8,736 shares during the period. State of New Jersey Common Pension Fund D raised its position in shares of GreenTree Hospitality Group by 16.4% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 71,000 shares of the company’s stock valued at $922,000 after acquiring an additional 10,000 shares during the period. Trexquant Investment LP acquired a new stake in shares of GreenTree Hospitality Group in the 3rd quarter valued at approximately $170,000. Finally, Federated Investors Inc. PA raised its position in shares of GreenTree Hospitality Group by 1.1% in the 3rd quarter. Federated Investors Inc. PA now owns 1,390,661 shares of the company’s stock valued at $17,661,000 after acquiring an additional 15,000 shares during the period. Institutional investors own 9.53% of the company’s stock.
GreenTree Hospitality Group Company Profile
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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