Professional
Added to YB: 2024-04-26
Pitch date: 2024-03-31
HLT [bullish]
Hilton Worldwide Holdings Inc.
+47.24%
current return
Author Info
No bio for this author
Company Info
Hilton Worldwide Holdings Inc., a hospitality company, engages in managing, franchising, and leasing hotels and resorts.
Market Cap
$72.9B
Pitch Price
$212.39
Price Target
N/A
Dividend
0.19%
EV/EBITDA
28.81
P/E
51.93
EV/Sales
17.20
Sector
Hotels, Restaurants and Leisure
Category
growth
Baron Real Estate Fund Added On Position: Hilton Worldwide Holdings Inc.
HLT: 2nd largest hotel co w/ 7.5K properties, 1.2M rooms, 22 brands & 180M loyalty members. CEO Nassetta sees 5yr growth driven by unit growth, new brands & conversions. Asset-light model w/ loyalty flywheel driving premium rates, higher owner profits & 4x market share of rooms under construction. Expect 10% annual FCF growth at 90% incremental margins + 5% buybacks = mid-teens EPS growth. Pipeline worth $50/share on $213 price. CEO owns $800M of stock, never sold.
Read full article (2 min)