Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Hyatt Hotels Corp Cl A / Equity Bottom-Up

<ul><li>Hyatt Hotels Corporation has announced its Q4 2023 earnings with modest growth and strategic accomplishments.</li><li>With revenues derived mainly from leisure travel and group room bookings, Hyatt ended the year with its highest-ever free cash flow, a record pipeline, and the industry's fastest-growing loyalty program.</li><li>With group room revenue up 11% compared to 2022, Hyatt managed to book nearly $2 billion of future business in 2023, signaling robust demand for its hotel facilities.</li></ul>

Hyatt Hotels Corporation has announced its Q4 2023 earnings with modest growth and strategic accomplishments.With revenues derived mainly from leisure travel and group room bookings, Hyatt ended the year with its highest-ever free cash flow, a record pipeline, and the industry's fastest-growing loyalty program.With group room revenue up 11% compared to 2022, Hyatt managed to book nearly $2 billion of future business in 2023, signaling robust demand for its hotel facilities.

Hyatt Hotels Corporation: What Is Their 2024 Outlook & Their Future Growth Prospects? - Key Drivers

<ul><li>Hyatt's global performance in the recent quarter was encouraging as its reported revenues were on par with analyst expectations.</li><li>The company saw a robust top-line growth, with RevPAR surging by 8.9% in the quarter and managed an earnings beat.</li><li>All customer segments exhibit solid demand, evidenced by a 4% surge in leisure transient revenue over a strong third quarter last year.</li></ul>

Hyatt's global performance in the recent quarter was encouraging as its reported revenues were on par with analyst expectations.The company saw a robust top-line growth, with RevPAR surging by 8.9% in the quarter and managed an earnings beat.All customer segments exhibit solid demand, evidenced by a 4% surge in leisure transient revenue over a strong third quarter last year.

Hyatt Hotels Corporation: Riding the Hospitality Wave! - Major Drivers

<ul><li>Hyatt Hotels Corporation's results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations.</li><li>The ongoing transformation of Hyatt is gaining momentum, with second-quarter results reinforcing their confidence in executing the strategy outlined during the Investor Day in May.</li><li>Hyatt has set ambitious targets, aiming to achieve $750 million in free cash flow and an 80% asset-light earnings mix by 2025.</li></ul>

Hyatt Hotels Corporation's results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations.The ongoing transformation of Hyatt is gaining momentum, with second-quarter results reinforcing their confidence in executing the strategy outlined during the Investor Day in May.Hyatt has set ambitious targets, aiming to achieve $750 million in free cash flow and an 80% asset-light earnings mix by 2025.

Hyatt Hotels Corporation: Key Initiatives to Boost Loyalty and Attract New Guests! - Major Drivers

<ul><li>Hyatt Hotels delivered a mixed set of results in its most recent quarter with revenues above Wall Street expectations but below-par earnings.</li><li>Hyatt achieved significant net room expansions, with more than 5000 rooms added on a gross in the quarter.</li><li>In the quarter, Hyatt completes its Dream Hotel Group acquisition.</li></ul>

Hyatt Hotels delivered a mixed set of results in its most recent quarter with revenues above Wall Street expectations but below-par earnings.Hyatt achieved significant net room expansions, with more than 5000 rooms added on a gross in the quarter.In the quarter, Hyatt completes its Dream Hotel Group acquisition.

Hyatt Hotels Corporation: The New Extended Stay Offering Could Be A Game Changer? – Key Drivers

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<ul>
<li>Large-Cap indexes (S&amp;P 500, Nasdaq 100, and DJI) remain bullish, all hitting new all-time highs last week while continuing to find short-term support at their respective 20-day MAs.</li>
<li>Mid-Caps (S&amp;P 400, Russell Mid-Cap) starting another leg higher following breakouts from 2-month consolidations. Small-caps (S&amp;P 600, Russell 2000) are likely to follow in the footsteps of large- and mid-caps.</li>
<li>Small-Cap indexes have been consolidating for 2.5 months following the historic rally from late-October to late-December 2023, a healthy sign. We expect they are gearing-up for another similar move higher.</li>
</ul>


Large-Cap indexes (S&amp;P 500, Nasdaq 100, and DJI) remain bullish, all hitting new all-time highs last week while continuing to find short-term support at their respective 20-day MAs.
Mid-Caps (S&amp;P 400, Russell Mid-Cap) starting another leg higher following breakouts from 2-month consolidations. Small-caps (S&amp;P 600, Russell 2000) are likely to follow in the footsteps of large- and mid-caps.
Small-Cap indexes have been consolidating for 2.5 months following the historic rally from late-October to late-December 2023, a healthy sign. We expect they are gearing-up for another similar move higher.


U.S. Dollar Rolling Over; Small-Caps to Follow Mid- And Large-Caps to New Highs; Buys in Cons. Disc.

United States

Hyatt Hotels Corp. is a global hospitality company. The Company manages, franchises, owns, and develops branded hotels, resorts and residential and vacation ownership properties around the world.

Hyatt Hotels Corp Cl A (H US)

Hyatt Hotels Corporation: What Is Their 2024 Outlook & Their Future Growth Prospects? - Key Drivers

Hyatt Hotels Corporation has announced its Q4 2023 earnings with modest growth and strategic accomplishments. With revenues derived mainly from...

Baptista Research

Hyatt Hotels Corporation: Riding the Hospitality Wave! - Major Drivers

Hyatt's global performance in the recent quarter was encouraging as its reported revenues were on par with analyst expectations. The company saw a...

Baptista Research

Hyatt Hotels Corporation: Key Initiatives to Boost Loyalty and Attract New Guests! - Major Drivers

Hyatt Hotels Corporation's results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations. The...

Baptista Research

Hyatt Hotels Corporation: The New Extended Stay Offering Could Be A Game Changer? – Key Drivers

Hyatt Hotels delivered a mixed set of results in its most recent quarter with revenues above Wall Street expectations but below-par...

Baptista Research

U.S. Dollar Rolling Over; Small-Caps to Follow Mid- And Large-Caps to New Highs; Buys in Cons. Disc.

U.S. Dollar $DXY Rolling Over; 10- and 30-Yr Treasury Yields Hit Major Resistance; Small-Caps to Follow Mid- and Large-Caps to New Highs $IWM $RTY...

Vermilion Research