Starwood Hotels & Resorts (HOT) Jumps: Shares Gain 6.6% - Tale of the Tape
Starwood Hotels & Resorts Worldwide Inc. (HOT) was a big mover last session, as the company saw its shares rise roughly 7% on the day. The upside came on the back of decent fourth-quarter 2014 results as well as the company’s decision to spin off its vacation ownership business. This led to more shares changing hands than in a normal session. Yesterday’s rally breaks the recent trend of the company, as the stock is now trading above the volatile price range of $71.23 to $75.36 in the past one-month time frame.
The company has seen 3 negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Starwood currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked hotel stock is Choice Hotels International Inc. (CHH) sporting a Zacks Rank #1 (Strong Buy).
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STARWOOD HOTELS (HOT): Free Stock Analysis Report
CHOICE HTL INTL (CHH): Free Stock Analysis Report
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