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Hilton Worldwide Holdings (NYSE:HLT) Inc. stock reached an all-time high of 275.54 USD, marking a significant milestone for the company. According to InvestingPro data, the stock is currently trading above its Fair Value, with analysts setting price targets between $218 and $306. Over the past year, Hilton’s stock has seen a remarkable 26.27% increase, reflecting strong investor confidence and positive market conditions. This surge to an all-time high underscores Hilton’s robust performance, evidenced by its impressive 76.5% gross profit margin and "GREAT" overall financial health score. The company’s strategic initiatives and recovery from pandemic-related challenges have contributed to its upward momentum, positioning it favorably in the competitive landscape. InvestingPro subscribers can access 12 additional key insights about Hilton’s current market position and future prospects through the comprehensive Pro Research Report.
In other recent news, Hilton Worldwide Holdings Inc. announced that its subsidiary, Hilton Domestic Operating Company Inc., has upsized its planned debt offering to $1 billion from the previously stated $500 million. The company plans to use $515 million of the proceeds to repay existing debt, with the remainder allocated for general corporate purposes. This move comes amid economic challenges faced by the hospitality industry, including inflation and interest rate fluctuations. Additionally, JPMorgan initiated coverage on Hilton with an overweight rating, citing high-single-digit EBITDA growth potential and strong free cash flow conversion. Jefferies analysts have maintained a Buy rating on Hilton, expressing confidence in the company’s business model and management team despite economic uncertainties. However, Raymond (NSE:RYMD) James adjusted its price target for Hilton to $275 from $290, retaining an Outperform rating after first-quarter earnings surpassed expectations for EBITDA and EPS. Despite a downturn in full-year RevPAR and EBITDA projections, Hilton’s group business segment showed resilience with a 6% increase in RevPAR during the first quarter. Hilton’s management has updated its full-year 2025 RevPAR growth forecast to a range of 0-2%, while confirming net unit growth expectations of 6-7%.
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