Sunstone Hotel Investors Inc (NYSE: SHO) is -16.64% 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 $9.66 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $9.87, the stock is -3.89% and -10.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing 2.17% at the moment leaves the stock -7.24% off its SMA200. SHO registered -10.27% loss for a year compared to 6-month gain of -2.85%. The firm has a 50-day simple moving average (SMA 50) of $10.9952 and a 200-day simple moving average (SMA200) of $10.64085.
The stock witnessed a -13.72% loss in the last 1 month and extending the period to 3 months gives it a -19.16%, and is -0.50% 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 3.14% over the week and 2.91% over the month.
Sunstone Hotel Investors Inc (SHO) has around 36 employees, a market worth around $1.98B and $905.81M in sales. Current P/E ratio is 72.47 and Fwd P/E is 37.52. Profit margin for the company is 3.06%. Distance from 52-week low is 5.11% and -20.47% 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.
362.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 107.80% of the company’s shares. The shares outstanding are 200.82M, and float is at 198.44M with Short Float at 7.37%. Institutions hold 106.50% 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 5.9334 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.
