Host Hotels & Resorts Inc (NASDAQ:HST) saw an upside of 2.03% to close Monday at $16.12 after adding $0.32 on the day. The 5-day average trading volume is 4,955,140 shares of the company’s common stock. It has gained $16.53 in the past week and touched a new high 2 times within the past 5 days. An average of 7,001,400 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,237,502.
HST’s 1-month performance is 3.07% or $0.68 on its low of $15.60 reached on 08/28/23. The company’s shares have touched a 52-week low of $14.51 and high of $19.42, with the stock’s rally to the 52-week high happening on 02/03/23. YTD, HST has achieved 0.44% or $0.07 and has reached a new high 15 times. However, the current price is down -16.97% from the 52-week high price.
Insider Transactions
HST stock investors last saw insider trading activity on Jun 05.RAKOWICH WALTER C (Director) most recently sold 3,688 shares at $17.47 per share on Jun 05. This transaction cost the insider $64,443.
Valuation Metrics
HST stock has a beta of 1.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.20 while the price-to-book (PB) in the most recent quarter is 1.64, with the price to cash flow ratio at 12.33.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.69, while the total debt to equity was 0.69. In terms of profitability, the gross margin trailing 12 months is 17.78%. The firm’s gross profit as reported stood at $775.0 million against revenue of $4.91 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -21.9% to $210.0 million, while revenue of $287.0 million was -36.67% off the previous quarter. Analysts expected HST to announce $0.33 per share in earnings in its latest quarter, but it posted $0.29, representing a -12.10% surprise. EBITDA for the quarter stood at more than $420.0 million. Shareholders hold equity totaling $711.61 million.
Let’s look briefly at Host Hotels & Resorts Inc (HST) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 50.01% to suggest the stock is trending Neutral, with historical volatility in this time period at 24.07%.
The stock’s 5-day moving average is $16.07, reflecting a -1.83% or -$0.30 change from its current price. HST is currently trading +4.40% above its 20-day SMA, +0.88% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -7.36% and SMA200 by-7.41%.
Stochastic %K and %D was 27.25% and 34.15% and the average true range (ATR) pointed at 0.35. The RSI (14) points at 48.69%, while the 14-day stochastic is at 43.38% with the period’s ATR at 0.36. The stock’s 9-day MACD Oscillator is pointing at -0.24 and -0.19 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Host Hotels & Resorts Inc (NASDAQ: HST), Oppenheimer upgraded it to an Outperform rating. They previously had a Perform rating on the stock. Analysts offering their rating for HST stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate HST as a “sell,”, while 4 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 3 rates the stock as overweight while 10 have offered a “buy” rating.
What is HST’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $15.00 and a high of $23.00, with their median price target at $21.00. Looking at these predictions, the average price target given by analysts is for Host Hotels & Resorts Inc (HST) stock is $20.18.
