Sunstone Hotel Investors Inc (NYSE: SHO) is -28.29% 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 $8.86 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $8.49, the stock is -3.96% and -0.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing -4.18% at the moment leaves the stock -16.86% off its SMA200. SHO registered -14.76% loss for a year compared to 6-month loss of -30.64%.
The stock witnessed a -4.28% gain in the last 1 month and extending the period to 3 months gives it a -13.10%, and is -3.19% 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 2.00% over the week and 1.85% over the month.
Sunstone Hotel Investors Inc (SHO) has around 36 employees, a market worth around $1.69B and $922.71M in sales. Current P/E ratio is 87.80 and Fwd P/E is 43.35. Profit margin for the company is 2.14%. Distance from 52-week low is 13.96% and -31.59% from its 52-week high. The company has generated returns on investments over the last 12 months (0.67%).
The EPS is expected to shrink by -2.10% this year.
Sunstone Hotel Investors Inc (SHO) Top Institutional Holders
The shares outstanding are 200.37M, and float is at 196.35M with Short Float at 7.05%.
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.
