TYRRELL NATHAN S Acquires Host Hotels & Resorts Inc. (HST) Shares

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Host Hotels & Resorts Inc. (NASDAQ:HST) finished Thursday with a subtraction of -$0.61 to close at $16.19, a downside of -3.63 percent. An average of 9,108,840 shares of common stock have been traded in the last five days. There was a fall of -$1.94 in the past week, and it reached a new high 17 times over the past 12 months. The last 20 days have seen an average of 8,258,710 shares traded, while the 50-day average volume stands at 7,472,468.

HST stock has decreased by -12.30% in the last month. The company shares reached their 1-month lowest point of $16.05 on 09/22/22. With the stock rallying to its 52-week high on 05/05/22, shares of the company touched a low of $15.10 and a high of $21.63 in 52 weeks. It has reached a new high 15 times so far this year and lost -6.90% or -$1.20 in price. In spite of this, the price is down -25.15% from the 52-week high.


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Insider Transactions

108 days have passed since Host Hotels & Resorts Inc. (HST) last reported insider trading activity. TYRRELL NATHAN S, who is Exec. VP, Investments, most recently acquired $10,707 shares at $21.00 per share on Jun 07. In this transaction, the insider spent $224,847. Director, RAKOWICH WALTER C, disposed of 3,290 shares at a price of $19.61 on May 20. The insider now owns more than $64,517 worth of shares. Prior to that, President and CEO RISOLEO JAMES F went on to Sale 7,110 shares at $17.15 each on Dec 22. An amount of $121,936 was transacted.

Valuation Metrics

Host Hotels & Resorts Inc. (HST) has a trailing price-to-earnings (P/E) ratio of 20.26. The stock’s beta is 1.23. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.75, the price-to-book (PB) ratio at 1.71, and the price-to-cash flow ratio at 13.25.

The company has a payout ratio of 11.20%. The company’s most recent quarterly dividend payment was $0.12 a share, without any change from last year. Its latest increase dividend $0.06 reported on Wednesday August 3 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.62 and a total debt to equity ratio of 0.62 for the quarter ending June 29. Its gross profit as reported stood at -$250.0 million compared to revenue of $2.89 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Host Hotels & Resorts Inc.’s return on assets was 4.70%.

Earnings Surprise

For the three-month period that ended June 29, Host Hotels & Resorts Inc. had $4.1 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $256.0 million in the quarter, while revenues were grew 123.44%. The analyst consensus anticipated Host Hotels & Resorts Inc.’s latest quarter earnings to come in at $0.25 per share, but it turned out to be $0.36, a 44.00% surprise. For the quarter, EBITDA amounted to $491.0 million. At the end of the quarter ending June 29, Host Hotels & Resorts Inc.’s stock balance sheet showed total debt was $4.78 billion. Shareholders own equity worth $714.89 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Host Hotels & Resorts Inc. (HST) price momentum. RSI 9-day as of the close on 22 September was 26.32%, suggesting the stock is oversold, with historical volatility in this time frame at 35.73%.

As of today, HST’s price is $17.26 -10.70% or -$1.94 from its 5-day moving average. HST is currently trading -13.42% lower than its 20-day SMA and -20.44% lower than its 100-day SMA. However, the stock’s current price level is +2.02% above the SMA50 and -1.40% below the SMA200.

The stochastic %K and %D were 20.59% and 38.75%, respectively, and the average true range (ATR) was 0.66. With the 14-day stochastic at 5.85% and the average true range at 0.63, the RSI (14) stands at 33.29%. The stock has reached -0.78 on the 9-day MACD Oscillator while the 14-day reading was at -0.74.

Analyst Ratings

Oppenheimer launched coverage on Host Hotels & Resorts Inc. (NASDAQ: HST) in its analyst report released on September 15, 2022. The firm assigned the stock a Perform rating. The consensus rating for Host Hotels & Resorts Inc. (HST) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell HST, while 5 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 10 others rate it as a “buy”.

What is HST’s price target for the next 12 months?

Analysts predict a range of price targets between $16.00 and $26.00, with a median target of $22.00. Taking a look at these predictions, the average price target given by analysts for Host Hotels & Resorts Inc. (HST) stock is $21.89.

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