For Sunstone Hotel Investors Inc. [SHO], Analyst sees a rise to $13. What next?

Sunstone Hotel Investors Inc. [NYSE: SHO] traded at a high on 08/11/22, posting a 2.55 gain after which it closed the day’ session at $11.68. The company report on August 3, 2022 that SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2022.

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Completes Acquisition of The Confidante Miami Beach and the Remaining 25% JV Interest in the Hilton San Diego Bayfront.

Amends Credit Agreement to Extend Maturities and Increase Debt Capacity.

The results of the trading session contributed to over 2871239 shares changing hands. Over the past one week, the price volatility of Sunstone Hotel Investors Inc. stands at 2.10% while the volatility over the past one month is 3.01%.

The market cap for SHO stock reached $2.51 billion, with 213.18 million shares outstanding and 211.67 million shares in the current float. Compared to the average trading volume of 4.62M shares, SHO reached a trading volume of 2871239 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Sunstone Hotel Investors Inc. [SHO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SHO shares is $12.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SHO stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Evercore ISI have made an estimate for Sunstone Hotel Investors Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 11, 2022. The new note on the price target was released on March 01, 2022, representing the official price target for Sunstone Hotel Investors Inc. stock. Previously, the target price had yet another drop from $15 to $11, while Barclays kept a Underweight rating on SHO stock. On January 18, 2022, analysts increased their price target for SHO shares from 13 to 14.

The Average True Range (ATR) for Sunstone Hotel Investors Inc. is set at 0.36, with the Price to Sales ratio for SHO stock in the period of the last 12 months amounting to 3.28. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 0.50.

How has SHO stock performed recently?

Sunstone Hotel Investors Inc. [SHO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.18. With this latest performance, SHO shares gained by 20.79% in over the last four-week period, additionally sinking by -0.93% over the last 6 months – not to mention a rise of 2.73% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SHO stock in for the last two-week period is set at 65.67, with the RSI for the last a single of trading hit 71.91, and the three-weeks RSI is set at 60.79 for Sunstone Hotel Investors Inc. [SHO]. The present Moving Average for the last 50 days of trading for this stock 10.71, while it was recorded at 11.27 for the last single week of trading, and 11.38 for the last 200 days.

Sunstone Hotel Investors Inc. [SHO]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Sunstone Hotel Investors Inc. [SHO] shares currently have an operating margin of -15.23 and a Gross Margin at +0.36. Sunstone Hotel Investors Inc.’s Net Margin is presently recorded at +6.74.

Return on Equity for this stock inclined to 1.61, with Return on Assets sitting at 1.14.

Sunstone Hotel Investors Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.

Earnings analysis for Sunstone Hotel Investors Inc. [SHO]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SHO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sunstone Hotel Investors Inc. go to 19.90%.

Insider trade positions for Sunstone Hotel Investors Inc. [SHO]

There are presently around $2,692 million, in the hands of institutional investors. The top three institutional holders of SHO stocks are: VANGUARD GROUP INC with ownership of 32,190,534, which is approximately -0.263% of the company’s market cap and around 0.90% of the total institutional ownership; BLACKROCK INC., holding 20,441,689 shares of the stock with an approximate value of $238.76 million in SHO stocks shares; and STATE STREET CORP, currently with $116.05 million in SHO stock with ownership of nearly 6.617% of the company’s market capitalization.

Positions in Sunstone Hotel Investors Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 114 institutional holders increased their position in Sunstone Hotel Investors Inc. [NYSE:SHO] by around 44,345,667 shares. Additionally, 110 investors decreased positions by around 37,451,122 shares, while 19 investors held positions by with 148,706,213 shares. The mentioned changes placed institutional holdings at 230,503,002 shares, according to the latest SEC report filing. SHO stock had 35 new institutional investments in for a total of 8,120,711 shares, while 28 institutional investors sold positions of 4,761,113 shares during the same period.


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