What changed
$HTHT — ADD 📊 | 6 MONTHS THESIS
🎯 latest | Rev $3.7B | EPS $3.36 vs $3.89 🔴
💡 Consensus expects continued earnings contraction, but we expect a modest recovery in RevPAR driven by domestic travel normalization and operational leverage, leading to EPS surpassing lowered expectations.
📉 Reward/risk: 2.0:1
🏢 Business Quality: 7/10 - Largest hotel group in China with asset-light franchise model, strong brand portfolio, and loyal customer base, but exposed to macro and policy risks.
📊 Valuation: cheap - trailing P/E 12.7x, well below 5-year average of 20x and global peers (Marriott 24x).
🔮 Catalyst: Q2 2024 earnings report
💰 Entry: $42.76, stop $38, target $52.5
📊 Our read: ADD. Full analysis →
https://stockduty.xyz/s/HTHT0623