Zacks: GreenTree Hospitality Group Ltd – (NYSE:GHG) Given Average Rating of “Strong Buy” by Analysts

Shares of GreenTree Hospitality Group Ltd – (NYSE:GHG) have been given an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.

Brokers have set a 1-year consensus target price of $17.50 for the company and are forecasting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also given GreenTree Hospitality Group an industry rank of 61 out of 256 based on the ratings given to related companies.

A number of analysts have weighed in on the company. China Renaissance Securities assumed coverage on GreenTree Hospitality Group in a research report on Monday, May 6th. They issued a “buy” rating and a $18.40 price target for the company. Zacks Investment Research cut HENGAN INTL GRP/ADR from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 21st.

Several large investors have recently made changes to their positions in the business. Two Sigma Advisers LP grew its stake in GreenTree Hospitality Group by 7.3% during the 4th quarter. Two Sigma Advisers LP now owns 23,400 shares of the company’s stock valued at $304,000 after purchasing an additional 1,600 shares in the last quarter. Bank of America Corp DE grew its stake in GreenTree Hospitality Group by 223.0% during the 4th quarter. Bank of America Corp DE now owns 335,428 shares of the company’s stock valued at $4,357,000 after purchasing an additional 231,589 shares in the last quarter. Westwood Global Investments LLC acquired a new stake in GreenTree Hospitality Group during the 4th quarter valued at approximately $9,527,000. Sylebra HK Co Ltd grew its stake in GreenTree Hospitality Group by 15.5% during the 4th quarter. Sylebra HK Co Ltd now owns 758,975 shares of the company’s stock valued at $9,859,000 after purchasing an additional 101,803 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in GreenTree Hospitality Group by 14.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 67,361 shares of the company’s stock valued at $875,000 after purchasing an additional 8,736 shares in the last quarter. 8.69% of the stock is owned by institutional investors.

GHG traded down $0.20 during trading on Thursday, reaching $12.44. 16,869 shares of the stock traded hands, compared to its average volume of 69,669. The stock has a market cap of $1.33 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 0.92 and a beta of 1.56. GreenTree Hospitality Group has a fifty-two week low of $9.50 and a fifty-two week high of $18.89. The firm’s 50-day moving average price is $12.34.

GreenTree Hospitality Group (NYSE:GHG) last announced its quarterly earnings results on Friday, May 24th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). GreenTree Hospitality Group had a return on equity of 25.01% and a net margin of 45.04%. The company had revenue of $35.06 million during the quarter. Equities research analysts predict that GreenTree Hospitality Group will post 0.8 earnings per share for the current fiscal year.

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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