The Sunstone Hotel Investors Inc. (NYSE:SHO) is going down by -0.14% in today’s trading session, a fall equivalent to -0.02% of the stock’s price from yesterday’s market close. A news came out on 11/04/19 stating that Sunstone Hotel Investors Reports Results For Third Quarter 2019 by WSJ. The lowest point that the shares touched during the trading session was $13.92, while the peak of the day was recorded at a share price of $14.07. SHO finished the previous session at $13.97 according to the data provided by Barchart, while the trading volume was observed to be $487773.
In the 100 days of trading, SHO managed to top a 13.52% Moving average. Additionally, Sunstone Hotel Investors Inc. shares have achieved a 52-week range between 12.54 and 15.62 alongside 100 days raw stochastic set at 72.80%.
The number of shares outstanding, according to the fundamentals of the company, is set at 224.70M, equal to the value of $3.14B in market capitalization. In the last 30 days, Sunstone Hotel Investors Inc. shares went down by -3.63%, adding 14.47 to growth in value, on top of a +4.46% boost since 10/18/19.
Sunstone Hotel Investors Inc. (NYSE:SHO) Analyst’s Estimates
Sunstone Hotel Investors Inc. (SHO) could record at least $0.16 per share in quarterly earnings in the upcoming report on 02/25/2020, a number that would actually represent an increase of 0.39 YOY.
According to the average analyst rating, Sunstone Hotel Investors Inc. would be rated as Hold. Out of 12 different analysts monitoring SHO stock, 1 analysts rate the stock as a BUY, 7 suggest to give the rating of HOLD, 0 indicate that SHO is an OVERWEIGHT, 3 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On July 17, 2019, the stock earned a Downgrade rating due to a new analyst call from BofA/Merrill, while analysts from Wells Fargo believe that the stock is set at Outperform from Market Perform, as concluded on June 27, 2019. Barclays, is still rather wary about the stock, deciding to keep the rating at Equal Weight as confirmed through a call on December 18, 2018.
Regardless of the rating, Jefferies did increase their price to $17 as they are considering target share price analysis. Boenning & Scattergood, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on February 21, 2018, giving the stock a Outperform from the Neutral rating.
SHO Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +31.26% has been attained, while the operating margin has been recorded at +11.71%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 6.36%. Beta value of the stock is recorded at 1.09. Additionally, Sunstone Hotel Investors Inc. is recording price volatility of 1.52% for the period of the last seven days and 1.87% in the last 30 days.
Sunstone Hotel Investors Inc. (NYSE:SHO) Technical Outlook
For the period of the last 50 days, Sunstone Hotel Investors Inc. had its Raw Stochastic average set at 58.00% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 53.12%. Stochastic %K for Sunstone Hotel Investors Inc., with the last 20 days included, was set at 56.40%, having Stochastic %D topping 56.00%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Sunstone Hotel Investors Inc. stocks with recording 7.38% in metrics.
Sunstone Hotel Investors Inc. Insider Watch:
Similarly, 109.06% of the company’s float is held by institutions – and there are 303 institutions in total holding shares of this company. The top three institutional holders of SHO stocks are: Vanguard Group, Inc. (The) with ownership of $456.19 million, which is approximately 33201451 of the company’s shares; Blackrock Inc., holding 24272576 shares of the stock with an approximate value of $333.51 million; and PGGM Investments, currently with more than 13134753 shares of the company valued at $180.47 million. Positions in Sunstone Hotel Investors Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares.