Sunstone Hotel Investors Inc (NYSE: SHO) is -29.56% lower on its value in year-to-date trading and has touched a low of $7.45 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 $8.15 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $8.34, the stock is -9.13% and -17.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.42 million and changing 2.33% at the moment leaves the stock -20.95% off its SMA200. SHO registered -22.92% loss for a year compared to 6-month loss of -17.67%. The firm has a 50-day simple moving average (SMA 50) of $10.1064 and a 200-day simple moving average (SMA200) of $10.5503.
The stock witnessed a -12.39% gain in the last 1 month and extending the period to 3 months gives it a -29.20%, and is 0.85% 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 9.57% over the week and 4.45% over the month.
Sunstone Hotel Investors Inc (SHO) has around 36 employees, a market worth around $1.68B and $905.81M in sales. Current P/E ratio is 61.23 and Fwd P/E is 32.53. Profit margin for the company is 3.06%. Distance from 52-week low is 11.95% and -32.80% from its 52-week high. The company has generated returns on investments over the last 12 months (1.06%).
with sales reaching $241.19M over the same period.The EPS is expected to grow by 30.50% this year, but quarterly earnings will post 9.47% year-over-year. Quarterly sales are estimated to grow 11.06% in year-over-year returns.
Sunstone Hotel Investors Inc (SHO) Top Institutional Holders
364.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 108.42% of the company’s shares. The shares outstanding are 200.82M, and float is at 198.61M with Short Float at 6.80%. Institutions hold 107.08% 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 18.4069% 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
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