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Hyatt Hotels Corporation (H) Catches Eye: Stock Jumps 7.6%

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Hyatt Hotels Corporation (H - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $54.62 to $56.23 in the past one-month time frame.

The move came after the company reported solid second-quarter 2017 results.

The company has seen one negative estimate revision in the past one month, while the Zacks Consensus Estimate for the current quarter has moved higher over the same time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Hyatt currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. 

A better-ranked stock in the Hotels and Motels industry is China Lodging Group, Limited (HTHT - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is H going up? Or down? Predict to see what others think: Up or Down

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