Bull Signal Says Buy the Dip on Hilton Hotels Stock

HLT could also benefit from a shift in analyst sentiment

Fernanda Horner

Digital Content Manager

Feb 23, 2022 at 2:08 PM

Hilton Hotels Corporation (NYSE:HLT) is down 0.4% at $146.60 this afternoon. The equity has been cooling off from a Feb. 16 record high of $160.96 over the past week -- on track for its fifth-straight loss. However, in addition to its 20.6% year-over-year lead, the stock just flashed a historically bullish signal, making now the perfect time to buy the dip on HLT.

More specifically, Hilton Hotels stock just pulled back to its 100-day moving average. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, comparable moves have occurred seven times over the past three years, with the security enjoying a positive one-month return 71% of the time, while averaging a 6% pop. A similar move from its current perch would put HLT at $155.39.

HLT 100 Day

A shift in sentiment among analysts could also give Hilton Hotels stock a leg up. Of the 13 in coverage, eight still call Hilton Hotels stock a tepid "hold," indicating there is plenty of room for upgrades going forward.

Follow @Schaeffers

You Don’t Need 25 Alerts -- You Need ONE You Can Trust!

That’s the idea behind Trade of the Week, Schaeffer’s newest trade alert.

Every Monday morning before the opening bell, you’ll receive a single, expertly researched trade recommendation -- built from the same proprietary research we’ve been using for over four decades.

It’s not just a signal.

It’s a plan designed for traders who are tired of jumping from alert to alert without ever finding their edge.

No juggling alerts. No switching directions mid-week. Just one clear, expertly researched trade idea -- delivered before the market even opens.

👉 JOIN RIGHT NOW FOR JUST $1 TO GET THE NEXT TRADE!