|Bid||4.4480 x 0|
|Ask||4.4500 x 0|
|Day's Range||4.4080 - 4.4700|
|52 Week Range||3.8200 - 5.2750|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||18.70|
|Earnings Date||Nov 11, 2019|
|Forward Dividend & Yield||0.15 (3.33%)|
|1y Target Est||6.72|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of NH Hotel Group S.A. Stockholm, June 11, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of NH Hotel Group S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
"Posadas' B2 rating balances the measures the company has recently taken to improve its capital structure and liquidity profile, with challenges envisioned ahead, mainly related with global economic deceleration and tightening conditions in the Mexican tourism sector." says Sandra Beltrán, a lead analyst at Moody's. Since we changed the outlook to positive from stable in 2016, we considered that the refinancing of its senior notes due in 2017, coupled with better operating performance, was going to accelerate Posadas deleveraging. Despite the high leverage, Posadas credit metrics are comparable with those of other rated peers in the B1 category, such as Radisson Hospitality AB (B1, stable) and NH Hotel Group S.A. (B1, stable).