Positive context积极背景
Stocks股票 / Consumer Disc. / H
Hyatt · Consumer Disc.
H US listed · USD美股 · 美元
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties.凯悦酒店集团（简称凯悦酒店及度假村）是一家美国跨国酒店管理公司，总部位于芝加哥河滨广场区，经营和管理豪华及商务酒店、度假村和度假物业。
Consumer Disc.
S&P 400标普400中盘
Speculative / unprofitable投机／未盈利
$172.58
Regular quote常规时段报价
-$4.38 · -2.48%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $133high高 $205
Constructive — building a base建设性 — 正在筑底
The daily turn is already in — a low formed ~14 days ago at $156.77 and price is back above the 10-day average. What's missing is the weekly timeframe…日线转向已经完成——低点于约 14 天前形成，价位156.77，且价格已重新站上 10 日均线。尚缺的是周线周期的确认，因此这是当下可用的部分信心入场，而非待触发信号：可在此建半仓，或等待周线转向。
As of 2026-10-26截至 2026-10-26
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-10-26
Momentum (RSI 14)动量（RSI 14）
59
Neutral zone中性区域
vs 50-day average相对50日均线
+3.8% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
+1.9% above上方
Long trend up长期向上
Volatility波动率
41th percentile第41百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-10-294
Estimates being raised — 2 analysts预期上调 — 2 位分析师
Beat in 3 of last 4 quarters近 4 季中 3 季超预期
Post-earnings drift: -3.6% (20d)财报后漂移：-3.6%（20日）
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 58.1%
Financials财务数据
fiscal years财年Revenue营业收入
$7.1B2025
20202025
5-yr growth5年复合增速 28.0%
Earnings per share每股收益
$-0.552025
20202025
Free cash flow自由现金流
$159.0M2025
20202025
Net margin净利率
-0.7%
FCF margin自由现金流利润率
5.3%
Balance-sheet quality财务体质 3/7
Return on equity股本回报率 -2%
Watch关注
Leverage杠杆
Current ratio流动比率0.75
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$293.0M
Stock-based comp股权薪酬$74.0M
Debt coming due到期债务
FY2025 10-KIn the 12-month bucket following fiscal period end 2025-12-31, it reported $4.0M due — about 0% of its disclosed principal.在财年期末 2025-12-31 之后12个月的区间内，已披露到期本金为 $4.0M，约占其披露本金的 0%。
All maturity buckets are measured from fiscal period end 2025-12-31, not from today.所有到期区间均从财年期末 2025-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$4.0M
Year 2第2年
$604.0M
Year 3第3年
$903.0M
Year 4第4年
$654.0M
Year 5第5年
$444.0M
After year 55年以后
$1.7B
Cash reported at 2025-12-31: $787000000.截至 2025-12-31 披露的现金：$787000000。 Operating cash flow exceeded or equaled equipment spending over 2025-01-01 to 2025-12-31; no cash burn to measure.在 2025-01-01 至 2025-12-31 期间，经营现金流不低于设备支出，无可衡量的现金消耗。
Cash reported at 2025-12-31 covers 19675% of issuer-reported principal in the 12-month bucket following that fiscal period end.截至 2025-12-31 披露的现金可覆盖该财年期末之后12个月区间内发行人已披露到期本金的 19675%。
Cash shortfall against that reported principal: $0相对该已披露本金的现金缺口：$0。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001468174-26-000007, period ending报告期截至 2025-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-09-26T08:01:43.491989+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Annual period年度区间 2025-01-01 — 2025-12-31 · USD · 10-K · 0001468174-26-000007 · Filed提交日期 2026-02-13.
Cache acquired缓存获取时间: 2026-09-26T08:01:43.491989+00:00 · Evaluated as of评估截至 2026-10-26.
- Reported operating cash flow已披露经营活动现金流: $379000000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $220000000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $159000000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Sector / Theme行业/主题
Travel & Experiences theme — #30 of 49 themes「旅行与体验」主题 — 49 个主题中第 30 位
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Short interest changed +22.2%空头仓位变动 +22.2%
Technical技术面
H RSI reached overboughtH RSI进入超买
Options positioning期权持仓
as of last close截至上一收盘Market makers are net long gamma — price pinned near current level做市商净持有正伽玛，价格倾向于在当前水平附近震荡
Expected daily move预期日波动
±2.56%
Expected weekly move预期周波动
±5.72%
Gamma flip伽玛翻转位
$155
25d risk reversal25d风险逆转
0.1%
Flow:资金流向： $0M premium traded; 0% 0DTE; P/C 2.0; ~leans bullish (direction approx)成交权利金 $0M；0DTE占0%；看跌看涨比 2.0；≈偏看涨（方向近似）
Skew: balanced偏斜：balanced
Call and put walls are plotted on the Trade levels ladder →看涨/看跌期权墙已标注在「交易点位」阶梯上 →
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$79.9M net (0 buyers, 11 sellers)-$79.9M 净值（0 买家，11 卖家）
Signal history信号历史
engine events引擎事件
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP. A new cycle low likely formed 14 day(s) ago (2026-10-05 @ 156.77): swing low in, price back above the 10-day average — but the weekly timeframe hasn't turned yet, so conviction is partial. Last cycle was left-translated (topped early) — a bearish structural tell买入预备。新的周期低点可能已在 14 天前形成 （2026-10-05 @ 156.77）：摆动低点已现，价格重新站上 10 日均线——但周线周期尚未转向，因此信心仅为部分。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Oct 21, 2026
H RSI reached overboughtH RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $178.61.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$178.61。
Oct 19, 2026
H reclaimed its 200-day averageH 收复200日均线
Price closed back above the 200-day moving average — the classic bull dividing line. $171.95.收盘重回200日均线 — 经典的多头分界线。$171.95。
Oct 16, 2026
UNCONFIRMED TURN → BOTTOMING未确认转向 → 筑底中
BUY SETUP买入预备
Oct 8, 2026
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Oct 6, 2026
Death cross on HH 死叉
The 50-day average crossed below the 200-day — a slow, widely-watched bearish trend signal. $159.12.50日均线下穿200日均线 — 一个滞后但广受关注的看空趋势信号。$159.12。
Oct 2, 2026
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY准备
Oct 2, 2026
H broke down vs the marketH 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $158.90.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$158.90。
Sep 30, 2026
H broke down vs the marketH 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $158.56.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$158.56。
Showing the last 15 of显示最近15条，共 265 signals条信号
Company profile公司档案
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties.凯悦酒店集团（简称凯悦酒店及度假村）是一家美国跨国酒店管理公司，总部位于芝加哥河滨广场区，经营和管理豪华及商务酒店、度假村和度假物业。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Above market高于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
59/100 — middle of the pack居中
vs market, 3 months相对大盘（3个月）
34/100 — middle of the pack居中
vs market, 6 months相对大盘（6个月）
57/100 — middle of the pack居中
vs market, 12 months相对大盘（12个月）
55/100 — middle of the pack居中
Rank in sector行业内排名
#41 / 210
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +2.0% | -0.4% |
| 1 Month近1月 | +9.7% | -1.0% |
| 3 Months近3月 | -7.8% | +3.1% |
| 6 Months近6月 | +5.2% | +7.0% |
| Year to date年初至今 | +4.4% | +12.1% |
| 1 Year近1年 | +16.7% | +14.4% |
| 3 Years近3年 | +70.8% | +86.0% |
Trading information交易信息
Beta vs market贝塔
0.95
Volatility rank波动率分位
41th pctile
Off 52-week high距52周高点
-14.6%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $2.1B | $3.0B | $5.9B | $6.7B | $6.6B | $7.1B |
| EPS每股收益 | $-6.93 | $-2.13 | $4.09 | $2.05 | $12.65 | $-0.55 |
| Free cash flow自由现金流 | $-733M | $204M | $473M | $602M | $463M | $159M |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | -34.0% | -7.3% | 7.7% | 3.3% | 19.5% | -0.7% |
| FCF margin自由现金流利润率 | -35.5% | 6.7% | 8.0% | 9.0% | 7.0% | 2.2% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$7.1B
Net income净利润
$-52M
Operating cash flow经营现金流
$379M
Total assets总资产
$14.0B
Shareholder equity股东权益
$3.3B
Long-term debt长期负债
$4.3B
Dividends paid股息支出
$57M
Buybacks股票回购
$293M
Returns & growth回报与增长
Return on equity股本回报率
-1.6%
Return on assets资产回报率
-0.4%
Debt / assets负债/资产
30.4%
Profit growth利润增速
-104.0%
Asset growth资产增速
+5.3%
Accounting quality checks会计质量检查
- Earnings quality: accruals near the peer median盈利质量：应计利润接近同业中位
- Working capital: working capital roughly in line with sales营运资本：营运资本与销售大致同步
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
59
RSI (2-day)RSI（2日）
22
vs 20-day average相对20日均线
+4.8%
vs 50-day average相对50日均线
+3.8%
vs 200-day average相对200日均线
+1.9%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
above signal位于信号线上方
Timeframe alignment多周期共振
Daily日线
momentum up动能向上
3-day3日线
momentum up — fresh upturn动能向上——刚刚转强
Weekly周线
momentum down — turning up soon动能向下——接近转强
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
74/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $1.12 | $0.90 | +24.4% |
| Mar 2026 | $0.63 | $0.57 | +10.5% |
| Dec 2025 | $1.33 | $0.29 | +358.6% |
| Sep 2025 | $-0.30 | $0.49 | -161.2% |
Estimate revisions预期修正
Analysts covering覆盖分析师
2
Estimate direction预期调整方向
mostly raising多数上调
Estimate change, 90 days预期变化（90天）
-3.0%
Net upgrades, 30 days净上调（30天）
+2
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Options — full detail期权持仓 — 完整明细
Dealer positioning map做市商持仓地图
Call wall看涨期权墙
$190
Put wall看跌期权墙
$160
Gamma flip伽玛翻转位
$155
Upside magnet上方磁吸位
$195
Downside magnet下方磁吸位
$160
Net dealer gamma做市商净伽玛
+$0.0B
Distance to flip距翻转位
+10.0%
Walls and magnets are strikes with heavy open interest — price often slows or gravitates there.期权墙与磁吸位是未平仓集中的行权价 — 价格常在附近减速或被吸引。
Volatility pricing波动率定价
Implied volatility (30d)隐含波动率（30天）
0%
25-delta risk reversal25-delta风险逆转
+0.1%
Call-put IV spread看涨-看跌IV价差
-0.0pp
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$79.9M
Insider buyers vs sellers内部人买家vs卖家
0 : 11
Days to cover回补天数
6.9
Short interest change空头变化
+22.2%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Jun · 100%
Weakest month最弱月份
Oct · 25%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 33% | -1.5% | 3 |
| Feb2月 | 67% | +4.1% | 3 |
| Mar3月 | 33% | -10.8% | 3 |
| Apr4月 | 33% | -6.5% | 3 |
| May5月 | 67% | +8.5% | 3 |
| Jun6月 | 100% | +5.8% | 3 |
| Jul7月 | 33% | -2.8% | 3 |
| Aug8月 | 67% | +2.9% | 3 |
| Sep9月 | 50% | +0.6% | 4 |
| Oct10月 | 25% | -3.0% | 4 |
| Nov11月 | 100% | +11.7% | 3 |
| Dec12月 | 33% | -0.3% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。