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Here's Why Hyatt Hotels (H) is a Strong Growth Stock

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why This 1 Growth Stock Should Be On Your Watchlist

Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

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Hyatt Hotels (H)

Hyatt Hotels Corporation is a leading global hospitality company engaged in the development, ownership, operation, management, franchising and licensing of a portfolio of properties, including hotels, resorts and residential and vacation ownership properties around the world. As of Dec 31, 2023, the company's portfolio included about 1,300 properties in 77 countries across six continents.

H is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 28.5% year-over-year for the current fiscal year, with sales growth of 3.5%.

Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $3.29 per share for 2024. H boasts an average earnings surprise of 20.3%.

On a historic basis, Hyatt Hotels has generated cash flow growth of 6.8%, and is expected to report cash flow expansion of 80.8% this year.

Investors should take the time to consider H for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

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Hyatt Hotels Corporation (H) : Free Stock Analysis Report

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