Is Intercontinental Hotels Group ADR (IHG) a good stock to buy now?

Intercontinental Hotels Group ADR (NYSE: IHG) is 10.23% higher on its value in year-to-date trading and has touched a low of $70.06 and a high of $112.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IHG stock was last observed hovering at around $100.45 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $100.51, the stock is 4.30% and -1.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 0.06% at the moment leaves the stock 2.53% off its SMA200. IHG registered 30.57% gain for a year compared to 6-month loss of -5.78%.

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The stock witnessed a 3.73% gain in the last 1 month and extending the period to 3 months gives it a -1.02%, and is 0.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.28% over the week and 1.38% over the month.

Intercontinental Hotels Group ADR (IHG) has around 13462 employees, a market worth around $16.00B and $4.70B in sales. Current P/E ratio is 26.06 and Fwd P/E is 20.51. Profit margin for the company is 13.52%. Distance from 52-week low is 43.46% and -10.32% from its 52-week high. The company has generated returns on investments over the last 12 months (84.87%).

The EPS is expected to grow by 14.19% this year.

Intercontinental Hotels Group ADR (IHG) Top Institutional Holders

251.0 institutions hold shares in Intercontinental Hotels Group ADR (IHG), with institutional investors hold 7.90% of the company’s shares. The shares outstanding are 164.66M, and float is at 159.13M with Short Float at 0.28%. Institutions hold 7.90% of the Float.

The top institutional shareholder in the company is FMR LLC with over 6.04 million shares valued at $639.49 million. The investor’s holdings represent 3.6656% of the IHG Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 0.84 million shares valued at $$89.06 million to account for 0.5105 of the shares outstanding. The other top investors are NATIXIS ADVISORS, L.P. which holds 0.74 million shares representing 0.447% and valued at over $77.98 million, while GOLDMAN SACHS GROUP INC holds 0.3841 of the shares totaling 0.63 million with a market value of $67.02 million.