Sunstone Hotel Investors Inc. [NYSE: SHO] gained 1.04% on the last trading session, reaching $10.68 price per share at the time.
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Sunstone Hotel Investors Inc. represents 212.61 million in outstanding shares, while the company has a total market value of $2.24 billion with the latest information. SHO stock price has been found in the range of $10.52 to $10.84.
If compared to the average trading volume of 2.12M shares, SHO reached a trading volume of 3207793 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $10.83 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 3.40. 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.
Raymond James have made an estimate for Sunstone Hotel Investors Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on December 09, 2022. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Underweight. The new note on the price target was released on December 05, 2022, representing the official price target for Sunstone Hotel Investors Inc. stock.
The Average True Range (ATR) for Sunstone Hotel Investors Inc. is set at 0.35, with the Price to Sales ratio for SHO stock in the period of the last 12 months amounting to 2.46. The Price to Book ratio for the last quarter was 1.26, with the Price to Cash per share for the same quarter was set at 0.48.
Trading performance analysis for SHO stock
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 1.71. With this latest performance, SHO shares gained by 0.28% in over the last four-week period, additionally sinking by -3.96% over the last 6 months – not to mention a rise of 0.95% 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 52.52, with the RSI for the last a single of trading hit 52.04, and the three-weeks RSI is set at 52.65 for Sunstone Hotel Investors Inc. [SHO]. The present Moving Average for the last 50 days of trading for this stock 10.25, while it was recorded at 10.76 for the last single week of trading, and 10.63 for the last 200 days.
Sunstone Hotel Investors Inc. [SHO]: A deeper dive into fundamental analysis
Sunstone Hotel Investors Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.
Sunstone Hotel Investors Inc. [SHO]: An earnings per share (EPS) analysis
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%.
An analysis of insider ownership at Sunstone Hotel Investors Inc. [SHO]
There are presently around $2,440 million, in the hands of institutional investors. The top three institutional holders of SHO stocks are: BLACKROCK INC. with ownership of 40,211,256, which is approximately 6.614% of the company’s market cap and around 1.73% of the total institutional ownership; VANGUARD GROUP INC, holding 34,677,153 shares of the stock with an approximate value of $370.35 million in SHO stocks shares; and STATE STREET CORP, currently with $150.71 million in SHO stock with ownership of nearly 3.359% of the company’s market capitalization.
120 institutional holders increased their position in Sunstone Hotel Investors Inc. [NYSE:SHO] by around 16,233,264 shares. Additionally, 122 investors decreased positions by around 23,750,078 shares, while 29 investors held positions by with 188,438,958 shares. The mentioned changes placed institutional holdings at 228,422,300 shares, according to the latest SEC report filing. SHO stock had 33 new institutional investments in for a total of 4,923,863 shares, while 29 institutional investors sold positions of 7,166,241 shares during the same period.