Sunstone Hotel Investors Inc (NYSE: SHO) is -32.18% 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 $8.20 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $8.03, the stock is -6.82% and -17.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.01 million and changing -2.07% at the moment leaves the stock -23.38% off its SMA200. SHO registered -21.35% loss for a year compared to 6-month loss of -21.89%. The firm has a 50-day simple moving average (SMA 50) of $9.7532 and a 200-day simple moving average (SMA200) of $10.4909.
The stock witnessed a -18.56% gain in the last 1 month and extending the period to 3 months gives it a -30.36%, and is -2.55% 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 3.44% over the week and 4.81% over the month.
Sunstone Hotel Investors Inc (SHO) has around 36 employees, a market worth around $1.65B and $905.81M in sales. Current P/E ratio is 58.96 and Fwd P/E is 33.97. Profit margin for the company is 3.06%. Distance from 52-week low is 7.79% and -35.29% from its 52-week high. The company has generated returns on investments over the last 12 months (1.06%).
with sales reaching $240.31M over the same period.The EPS is expected to grow by 18.00% this year, but quarterly earnings will post 8.61% year-over-year. Quarterly sales are estimated to grow 10.66% in year-over-year returns.
361.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 108.39% 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 107.05% 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 15.61 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.
