Sunstone Hotel Investors Inc [NYSE: SHO] stock went on a downward path that fall over -0.42% on Wednesday, amounting to a one-week price decrease of less than -2.98%.
Over the last 12 months, SHO stock dropped by -14.32%. The one-year Sunstone Hotel Investors Inc stock forecast points to a potential upside of 16.15. The average equity rating for SHO stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.90 billion, with 200.82 million shares outstanding and 198.61 million shares in the current float. Compared to the average trading volume of 2.13M shares, SHO stock reached a trading volume of 3844958 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $11.27 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 3.00. 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.
Morgan Stanley have made an estimate for Sunstone Hotel Investors Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on January 14, 2025. The new note on the price target was released on September 13, 2024, representing the official price target for Sunstone Hotel Investors Inc stock. Previously, the target price had yet another raise to $12, while Wolfe Research analysts kept a Outperform rating on SHO stock. On May 28, 2024, analysts increased their price target for SHO shares from 11 to 12.
The Average True Range (ATR) for Sunstone Hotel Investors Inc is set at 0.28, with the Price to Sales ratio for SHO stock in the period of the last 12 months amounting to 2.10. The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 0.90. Price to Free Cash Flow for SHO in the course of the last twelve months was 146.26.
SHO Stock Performance Analysis:
Sunstone Hotel Investors Inc [SHO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.98. With this latest performance, SHO shares dropped by -8.70% in over the last four-week period, additionally sinking by -8.43% over the last 6 months – not to mention a drop of -14.32% 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 32.79, with the RSI for the last a single of trading hit 31.97, and the three-weeks RSI is set at 33.99 for Sunstone Hotel Investors Inc [SHO]. The present Moving Average for the last 50 days of trading for this stock 10.56, while it was recorded at 9.50 for the last single week of trading, and 10.62 for the last 200 days.
SHO Stock EPS
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 24.47%.
Sunstone Hotel Investors Inc [SHO] Institutonal Ownership Details
There are presently around $106.55%, or 107.88%% of SHO stock, in the hands of institutional investors. The top three institutional holders of SHO stocks are: BLACKROCK INC. with ownership of 37.32 million shares, which is approximately 18.4069%. VANGUARD GROUP INC, holding 31.65 million shares of the stock with an approximate value of $$331.06 million in SHO stocks shares; and VANGUARD GROUP INC, currently with $$126.9 million in SHO stock with ownership which is approximately 5.9334%.