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.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
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, 2022, Hilton's development pipeline comprised nearly 2,820 hotels, with nearly 416,400 rooms across 118 countries and territories — including 30 countries and territories where it currently has no running hotels. Moreover, 243,500 rooms in the development pipeline were located outside the United States and 204,500 rooms were under construction.
HLT sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 14.9% and 12.2% year-over-year, respectively.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.10 to $5.62 per share. HLT boasts an average earnings surprise of 19.6%.
On a historic basis, Hilton Worldwide Holdings Inc. has generated cash flow growth of 9%, and is expected to report cash flow expansion of 91.8% this year.
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
