As of Thursday close, Host Hotels & Resorts Inc.’s (NASDAQ:HST) stock was down -$0.21, moving down -1.31 percent to $15.79. The average number of shares traded per day over the past five days has been 10,457,141 shares. 3 times new highs have been achieved over the past 5 days, with a $0.15 gain in that time frame. In the last twenty days, the average volume was 8,760,455, while in the previous 50 days, it was 7,258,226.
Since last month, HST stock retreated -13.00%. Shares of the company fell to $15.30 on 08/25/23, the lowest level in the past month. A 52-week high of $19.42 was reached on 02/03/23 after having rallying from a 52-week low of $14.51. Since the beginning of this year, HST’s stock price has dropped by -1.62% or -$0.26, and marked a new high 15 times. However, the stock has declined by -18.67% since its 52-week high.
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HST stock investors should be aware that Host Hotels & Resorts Inc. (HST) stock had its last reported insider trading activity 88 days ago on Jun 05. RAKOWICH WALTER C, the Director of the company, disposed of 3,688 shares for $17.47 on Jun 05. It resulted in a $64,443 divestment by the insider.
Valuation Metrics
Right now, Host Hotels & Resorts Inc. (HST) has a P/E ratio of about 14.90. The stock’s beta is 1.31. Besides these, the trailing price-to-sales (P/S) ratio of 2.18, the price-to-book (PB) ratio of 1.61, and the price-to-cash flow ratio of 12.10 may also be considered.
The latest dividend of $0.15 per share was paid out, which is 25.0% more than last year’s $0.12. On Wednesday June 14 2023, a $0.03 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.60, and the total debt-to-equity ratio was 0.60. In the year ended June 29, operating margins totaled 15.70%. Based on annual data, HST earned $775.0 million in gross profit and brought in $4.91 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.90%. Return on equity (ROE) for the past 12 months was 11.10%.
In Host Hotels & Resorts Inc.’s quarter-end financial report for June 29, it reported total debt of $987.0 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HST’s revenue rose 0.86% to $1.38 billion during the quarter, while net income inched up to $1.39 billion. While analysts expected Host Hotels & Resorts Inc. to report $0.33 quarterly earnings, the actual figure was $0.29 per share, beating the consensus estimate by -12.10%. During the quarter, the company generated $420.0 million in EBITDA. The value of shareholders’ equity is $711.61 million.
Technical Picture
This quick technical analysis looks at Host Hotels & Resorts Inc.’s (HST) price momentum. With a historical volatility rate of 22.28%, the RSI 9-day stood at 40.16% on 31 August.
With respect to its five-day moving average, the current Host Hotels & Resorts Inc. price is up by +0.96% percent or $0.15. At present, HST shares trade -6.04% below its 20-day simple moving average and -2.95% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.11% below its SMA50 and -14.92% below its SMA200.
Stochastic coefficient K was 50.62% and Stochastic coefficient D was 41.76%, while ATR was 0.39. Given the Stochastic reading of 46.89% for the 14-day period, the RSI (14) reading has been calculated as 39.61%. As of today, the MACD Oscillator reading stands at 0.13, while the 14-day reading stands at 0.07.
Analyst Ratings
Oppenheimer upgraded its rating on Host Hotels & Resorts Inc. (NASDAQ: HST) to an Outperform in a note to investors on July 20, 2023. The analysts firm previously had a Perform rating on the stock.Host Hotels & Resorts Inc. (HST) has been rated Overweight by analysts. According to 2 brokerage firms, HST is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate Host Hotels & Resorts Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $21.00, the current consensus forecast for the stock is $15.00 – $23.00. Based on these forecasts, analysts predict Host Hotels & Resorts Inc. (HST) will achieve an average price target of $20.18.
