Yahoo Finance Why Hilton Worldwide Holdings Inc. (HLT) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Hilton Worldwide Holdings Inc. (HLT)
Founded in 1919 and headquartered in McLean, VA, Hilton Worldwide Holdings is a hospitality company that owns, leases, manages, develops, and franchises hotels and resorts. As of Dec 31, 2023, Hilton's development pipeline comprised nearly 3,274 hotels, with almost 462,400 rooms across 118 countries and territories — including 30 countries and territories where it currently has no running hotels. Moreover, 259,800 rooms in the development pipeline were located outside the United States and 216,600 rooms were under construction.
HLT boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 13.7% year-over-year for 2024, while Wall Street anticipates its top line to improve by 10.4%.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.05 to $7.06 per share. HLT also boasts an average earnings surprise of 5.1%.
Hilton Worldwide Holdings Inc. is also cash rich. The company has generated cash flow growth of 8.6%, and is expected to report cash flow expansion of 17.2% in 2024.
Investors should take the time to consider HLT for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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Hilton Worldwide Holdings Inc. (HLT) : Free Stock Analysis Report
