Sunstone Hotel Investors Inc (NYSE: SHO) is -16.13% 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 $10.15 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $9.93, the stock is -7.32% and -11.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.52 million and changing -2.17% at the moment leaves the stock -6.81% off its SMA200. SHO registered -11.42% loss for a year compared to 6-month gain of 0.40%.
The stock witnessed a -12.51% loss in the last 1 month and extending the period to 3 months gives it a -17.73%, and is -4.06% down 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 2.91% over the week and 2.57% over the month.
Sunstone Hotel Investors Inc (SHO) has around 36 employees, a market worth around $2.00B and $905.81M in sales. Current P/E ratio is 72.91 and Fwd P/E is 37.75. Profit margin for the company is 3.06%. Distance from 52-week low is 5.75% and -19.98% from its 52-week high. The company has generated returns on investments over the last 12 months (1.06%).
with sales reaching $245.49M over the same period.The EPS is expected to grow by 61.30% this year, but quarterly earnings will post 9.74% year-over-year. Quarterly sales are estimated to grow 13.04% in year-over-year returns.
Sunstone Hotel Investors Inc (SHO) Top Institutional Holders
The shares outstanding are 200.82M, and float is at 198.43M with Short Float at 6.80%.
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 5.9334% and valued at over $126.9 million, while RUSH ISLAND MANAGEMENT, LP holds 4.7663 of the shares totaling 9.66 million with a market value of $101.09 million.
Sunstone Hotel Investors Inc (SHO) Insider Activity
#####
