Streetbeat News

GHG

GreenTree Hospitality Group Ltd.

https://www.998.com

Industry

Travel Lodging

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2021, it operated 66 leased-and-operated hotels with 7,064 rooms; and had franchised-and-managed hotels network consisting of 4,593 hotels with 330,089 rooms covering 367 cities in China, and an additional 1,225 hotels with 91,887 rooms that were contracted for or under development. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China. GreenTree Hospitality Group Ltd. is a subsidiary of GreenTree Inns Hotel Management Group, Inc.

Open

2.55

Mkt cap

265M

Volume

High

2.63

P/E Ratio

9.67

52-wk high

4.10

Low

2.55

Div yield

0.00

52-wk low

2.31

In Thursday's intraday session, several consumer discretionary stocks experienced significant movements. E-Home Household Service (EJH) saw a 28.0% increase, while Yunhong Green CTI (YHGJ) rose by 21.66%. REE Automotive (REE) increased by 17.27%, GreenTree Hospitality Gr (GHG) by 12.69%, Hesai Gr (HSAI) by 9.42%, and Fitell (FTEL) by 8.65%. On the downside, Vince Holding (VNCE) dropped by 19.7%, Cazoo Gr (CZOO) by 14.9%, Beachbody Co (BODY) by 12.44%, NWTN by 11.29%, WW International (WW) by 10.77%, and GigaCloud Tech (GCT) by 10.33%.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 5:31 pm

In Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Esports Entertainment's preferred shares (GMBLP) surged 52.2% to $3.06, while Vince Holding (VNCE) rose 30.7% to $2.98. Dogness (DOGZ) increased by 25% to $5.0, and Mynd.ai (MYND) went up by 17.17% to $5.52. Jiuzi Holdings (JZXN) and Fitell (FTEL) also saw gains. Conversely, Volcon (VLCN) dropped 19.9% to $0.11, Golden Heaven Group Holdings (GDHG) fell 16.96% to $0.77, and Esports Entertainment's common shares (GMBL) declined 14.33% to $4.21. GreenTree Hospitality Group (GHG), SRM Entertainment (SRM), and Polished.com (POL) also experienced losses.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 5:31 pm

The article highlights the top 5 consumer discretionary stocks that are currently oversold, presenting a potential buying opportunity. These stocks have Relative Strength Index (RSI) values near or below 30, indicating they may be undervalued. The companies mentioned are Fisker Inc. (FSR), GreenTree Hospitality Group Ltd. (GHG), U Power Limited (UCAR), Sacks Parente Golf, Inc. (SPGC), and Dogness (International) Corporation (DOGZ). The article provides recent company updates and stock price actions.

Portfolio Pulse from Lisa Levin

November 27, 2023 | 11:54 am

GreenTree Hospitality Group reported a 15.3% year-over-year increase in Q3 revenue, totaling $63.2 million. The company also posted an adjusted earnings per ADS (American Depositary Share) of $0.17.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 7:26 am

GreenTree Hospitality Group's board has authorized a share repurchase program, allowing the company to repurchase up to $10M worth of outstanding Class A ordinary shares, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 8:49 pm

GreenTree Hospitality Gr (NYSE:GHG) reported a 20% increase in quarterly earnings YoY, with EPS of $0.18, up from $0.15. Sales also increased by 60.40% YoY, reaching $109.53M from $68.28M.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:44 am

GreenTree Hospitality Group Ltd. (NYSE:GHG) reported a 17% increase in revenue from its organic hotel business in Q1, with its revpar rising by 25%. The company also completed the acquisition of two restaurant chains, which are expected to contribute significantly to its revenue. The company's shares rose by 3.6% following the announcement and have increased by nearly 60% this year. GreenTree's revenue and profit are expected to rise by about 67% this year, compared to 58% growth forecast for Atour (NASDAQ:ATAT), 43% for H World Group (NASDAQ:HTHT) and 13% for Hilton Worldwide (NYSE:HLT).

Portfolio Pulse from The Bamboo Works

July 13, 2023 | 2:39 pm

GreenTree Hospitality Group Ltd. (NYSE:GHG) reported preliminary Q1 2023 results, expecting revenues of $54 million-$56.7 million. The company opened 91 new hotels, and total revenues from organic hotels increased by 16.8% YoY to $36.8 million. The revenue per available room (RevPAR) recovered to 94.3% of its Q1 2019 level. The restaurant business is estimated to have generated a combined unaudited revenue of about $17.3 million to $19.9 million. GHG shares are trading higher by 2.85% to $5.42.

Portfolio Pulse from Nabaparna Bhattacharya

July 12, 2023 | 3:57 pm

GreenTree Hospitality Group has announced preliminary Q1 sales of approximately $54M-$56.7M, up from approximately $36.8M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:08 pm

During Tuesday's intraday session, several consumer discretionary stocks experienced significant movement. Gainers included Xcel Brands (XELB), Aterian (ATER), Cooper-Standard Holdings (CPS), Carvana (CVNA), NIO (NIO), and RumbleON (RMBL). Losers included Xponential Fitness (XPOF), Lordstown Motors (RIDE), Mullen Automotive (MULN), Greenlane Hldgs (GNLN), ECARX Holdings (ECX), and GreenTree Hospitality Gr (GHG).

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 5:37 pm

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