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Why Hyatt Hotels (H) is a Top Growth Stock for the Long-Term
HyattHyatt(US:H) Zacks Investment Researchยท2024-03-04 15:51

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum [2][5] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score [2][3][4] - Value Score identifies attractive stocks using ratios like P/E and Price/Sales [2] - Growth Score focuses on a company's future prospects through earnings and sales analysis [2] - Momentum Score helps investors capitalize on price trends using recent price changes and earnings estimates [3] - VGM Score combines all three styles to provide a comprehensive rating for stocks [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify winning stocks [5] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [6] Company Spotlight: Hyatt Hotels (H) - Hyatt Hotels Corporation operates a global portfolio of approximately 1,300 properties in 76 countries as of September 30, 2023 [7] - The company holds a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating potential for growth [7][8] - Hyatt is forecasted to achieve year-over-year earnings growth of 33.6% for the current fiscal year, with upward revisions in earnings estimates from analysts [7] - The Zacks Consensus Estimate for Hyatt's earnings has increased by $0.37 to $3.42 per share, with an average earnings surprise of 17.8% [7]