Hilton Worldwide - Beware of major risk with this US stock

Company description

Hilton Worldwide Holdings operates nearly 1.2 million rooms across its more than 20 brands, serving the premium economy to luxury segments. Hampton and Hilton are the two largest brands, accounting for 28% and 19% of the company's total rooms, respectively, as of December 31, 2023. Recent brands launched in recent years include Home2, Curio, Canopy, Spark, Tru, Tempo and LivSmart, as well as a partnership with Small Luxury Hotels and acquisitions of Nomad and Graduate Hotels. Managed and franchised hotels account for the majority of adjusted EBITDA, predominantly in the Americas.

Fundamentals

Well, from a fundamental perspective, analysts are expecting a strong second quarter. EPS of 1.86 per share is forecast. Whether this is actually true and will help the share price remains to be seen. The quarterly figures are expected on August 6, 2024 and are likely to cause price fluctuations in the share price.

Chart technical outlook

In terms of charts, the situation has already deteriorated. The share price has slipped below the support of 215 USD, opening a downward movement to at least 195 USD. If this price range is also attacked and sustained downwards, 169 USD would be a likely downward mark. I will keep a close eye on the share price and wait to see whether a short position can be implemented.

In addition to the blog that is actively maintained here, my information portal Investment.Traders contains other exciting articles, detailed stock analyses, presentations of various investment opportunities and a weekly update in video form. This is my contribution to financial education in Germany.