Previous close | 99.34 |
Open | 97.41 |
Bid | 97.02 x 1000 |
Ask | 97.14 x 1200 |
Day's range | 96.75 - 97.79 |
52-week range | 65.22 - 112.08 |
Volume | |
Avg. volume | 177,803 |
Market cap | 15.883B |
Beta (5Y monthly) | 0.97 |
PE ratio (TTM) | 22.10 |
EPS (TTM) | 4.41 |
Earnings date | 03 May 2024 |
Forward dividend & yield | 1.52 (1.53%) |
Ex-dividend date | 04 Apr 2024 |
1y target est | 94.72 |
InterContinental Hotels Group shares are down today after the FTSE 100 firm reported Q1 earnings. This looks like the dip I've been waiting for. The post A mixed Q1, but I’m now ready to buy InterContinental Hotels Group (IHG) shares appeared first on The Motley Fool UK.
It came as the company, which also runs Crowne Plaza hotels, continued to expand by opening more than 6,200 rooms across 46 hotels.
(Reuters) -Holiday Inn owner Intercontinental Hotels Group (IHG) posted a 2.6% rise in first-quarter room revenue on Friday and said it continues to expect demand for leisure travel to remain strong. Hotel chain owners, including IHG, have benefited from a tourism boom over the past year, although some US hoteliers expect a slowdown this year. "Travel still remains key to what people want to do," CEO Elie Maalouf said in a media call.