The stock price of Host Hotels & Resorts Inc (NASDAQ: HST) has plunged by -2.15 when compared to previous closing price of 20.00, but the company has seen a -4.77% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-11 that U.S. inflation jumped in March, surpassing expectations primarily due to higher petrol and shelter costs, dashing hopes of a June interest rate cut by the Fed.
Is It Worth Investing in Host Hotels & Resorts Inc (NASDAQ: HST) Right Now?
Host Hotels & Resorts Inc (NASDAQ: HST) has a higher price-to-earnings ratio of 18.85x compared to its average ratio. HST has 36-month beta value of 1.32. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 11 as “hold,” and 3 as “sell.”
The public float for HST is 694.26M, and currently, short sellers hold a 6.60% ratio of that float. The average trading volume of HST on April 16, 2024 was 5.98M shares.
HST’s Market Performance
HST’s stock has seen a -4.77% decrease for the week, with a -5.32% drop in the past month and a -0.91% fall in the past quarter. The volatility ratio for the week is 2.52%, and the volatility levels for the past 30 days are at 2.03% for Host Hotels & Resorts Inc The simple moving average for the last 20 days is -4.58% for HST stock, with a simple moving average of 9.22% for the last 200 days.
Analysts’ Opinion of HST
JP Morgan, on the other hand, stated in their research note that they expect to see HST reach a price target of $15. The rating they have provided for HST stocks is “Neutral” according to the report published on December 14th, 2023.
HSBC Securities gave a rating of “Buy” to HST, setting the target price at $21 in the report published on October 23rd of the previous year.
HST Trading at -3.61% from the 50-Day Moving Average
After a stumble in the market that brought HST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.17% of loss for the given period.
Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares sank -4.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.77% upper at present.
During the last 5 trading sessions, HST fell by -4.77%, which changed the moving average for the period of 200-days by +18.39% in comparison to the 20-day moving average, which settled at $20.46. In addition, Host Hotels & Resorts Inc saw 0.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HST starting from RISOLEO JAMES F, who sale 28,136 shares at the price of $21.04 back on Mar 21 ’24. After this action, RISOLEO JAMES F now owns 2,225,577 shares of Host Hotels & Resorts Inc, valued at $591,959 using the latest closing price.
RISOLEO JAMES F, the President and CEO of Host Hotels & Resorts Inc, sale 150,000 shares at $20.78 during a trade that took place back on Mar 20 ’24, which means that RISOLEO JAMES F is holding 2,225,577 shares at $3,116,535 based on the most recent closing price.
Stock Fundamentals for HST
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.62 for the gross margin
The net margin for Host Hotels & Resorts Inc stands at 0.14. The total capital return value is set at 0.09. Equity return is now at value 11.09, with 6.04 for asset returns.
Based on Host Hotels & Resorts Inc (HST), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is -306.67.
Currently, EBITDA for the company is 1.61 billion with net debt to EBITDA at 2.53. When we switch over and look at the enterprise to sales, we see a ratio of 3.28. The receivables turnover for the company is 26.55for trailing twelve months and the total asset turnover is 0.43.
Conclusion
To put it simply, Host Hotels & Resorts Inc (HST) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
