Sunstone Hotel Investors Inc (NYSE: SHO) is -1.18% lower on its value in year-to-date trading and has touched a low of $9.39 and a high of $12.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHO stock was last observed hovering at around $11.53 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $11.70, the stock is -1.04% and 1.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 1.47% at the moment leaves the stock 10.67% off its SMA200. SHO registered 8.94% gain for a year compared to 6-month gain of 11.11%. The firm has a 50-day simple moving average (SMA 50) of $11.4552 and a 200-day simple moving average (SMA200) of $10.5681.
The stock witnessed a -3.15% loss in the last 1 month and extending the period to 3 months gives it a 13.92%, and is 0.52% 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 2.13% over the week and 2.03% over the month.
Sunstone Hotel Investors Inc (SHO) has around 40 employees, a market worth around $2.35B and $910.26M in sales. Current P/E ratio is 15.48 and Fwd P/E is 47.69. Profit margin for the company is 16.99%. Distance from 52-week low is 24.60% and -5.72% from its 52-week high. The company has generated returns on investments over the last 12 months (5.37%).
The EPS is expected to shrink by -85.82% this year
355.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 102.78% of the company’s shares. The shares outstanding are 200.92M, and float is at 198.45M with Short Float at 5.23%. Institutions hold 101.62% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 37.32 million shares valued at $390.38 million. The investor’s holdings represent 18.4184 of the SHO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 31.65 million shares valued at $331.06 million to account for 15.6198 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.03 million shares representing 5.9371 and valued at over $126.9 million, while RUSH ISLAND MANAGEMENT, LP holds 4.7692 of the shares totaling 9.66 million with a market value of $101.09 million.
