Sunstone Hotel Investors Inc. (NYSE:SHO) saw a downside of -0.24% to close Tuesday at $12.41 after subtracting -$0.03 on the day. The 5-day average trading volume is 2,532,120 shares of the company’s common stock. It has gained $12.68 in the past week. An average of 3,144,305 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,889,684.
SHO’s 1-month performance is 0.98% or $0.57 on its low of $11.55 reached on 09/20/21. The company’s shares have touched a 52-week low of $7.12 and high of $13.74, with the stock’s rally to the 52-week high happening on 02/24/21. YTD, SHO has achieved 9.53% or $1.08. However, the current price is down -9.68%% from the 52-week high price.
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On Jun 07, 128 days have gone by since the last insider trading activity for Sunstone Hotel Investors Inc. (SHO). Klein David M (General Counsel) most recently sold 25,000 shares at $13.29 per share on Jun 07. This transaction cost the insider $332,155. General Counsel, Klein David M, sold 699 shares at a price of $13.50 on Mar 19. Then, on Mar 16, Director RUSSELL KEITH P sold 20,000 shares at a price of $13.26 per share. This transaction amounted to $265,112.
Sunstone Hotel Investors Inc. (SHO) has a trailing price-to-earnings (P/E) ratio of 21.25 for the broader industry and 37.94 for the sector. The company’s PE ratio for the last five years has touched a high of 36.50 and a low of 8.026. SHO stock has a beta of 1.34. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 11.60 while the price-to-book (PB) in the most recent quarter is 1.48.
Sunstone Hotel Investors Inc.’s quick ratio for the period ended June 29 was 2.10, with the current ratio over the same period at 2.10 meaning that SHO stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.42, while the total debt to equity was 0.42. In terms of profitability, the gross margin trailing 12 months is 54.60%. The trailing 12-month EBITDA margin is -42.79% while for the period ending June 29; Sunstone Hotel Investors Inc.’s operating margin was -89.40%. The firm’s gross profit as reported stood at $127.79 million against revenue of $267.91 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected SHO to announce -$0.21 per share in earnings in its latest quarter, but it posted -$0.16, representing a 23.80% surprise. EBITDA for the quarter stood at more than $18.19 million. SHO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 912.06 million, with total debt at $796.53 million. Shareholders hold equity totaling $219.04 million
Let’s look briefly at Sunstone Hotel Investors Inc. (SHO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 59.06% to suggest the stock is trending Neutral, with historical volatility in this time period at 21.17%.
The stock’s 5-day moving average is $12.44, reflecting a unch or $unch change from its current price. SHO is currently trading +2.14% above its 20-day SMA, +0.98% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +9.73% and +9.34% respectively.
Stochastic %K and %D was 71.02% and 75.80% and the average true range (ATR) pointed at 0.32. The RSI (14) points at 58.98%, while the 14-day stochastic is at 63.51% with the period’s ATR at 0.33. The stock’s 9-day MACD Oscillator is pointing at 0.08 and 0.12 on the 14-day charts.
In the most recent analyst report for Sunstone Hotel Investors Inc. (NYSE: SHO), Wells Fargo upgraded it to an Equal weight rating. They previously had an Underweight rating on the stock. Analysts offering their rating for SHO stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate SHO as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is SHO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.50 and a high of $15.00, with their median price target at $12.50. Looking at these predictions, the average price target given by analysts is for Sunstone Hotel Investors Inc. (SHO) stock is $12.46.