The stock of Sunstone Hotel Investors Inc (NYSE: SHO) has increased by 0.19 when compared to last closing price of 10.36. Despite this, the company has experienced a 1.76% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-06 that The headline numbers for Sunstone Hotel (SHO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Sunstone Hotel Investors Inc (NYSE: SHO) Right Now?
Sunstone Hotel Investors Inc (NYSE: SHO) has a higher price-to-earnings ratio of 11.55x compared to its average ratio, The 36-month beta value for SHO is at 1.24. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 as “hold,” and 4 as “sell.”
The public float for SHO is 201.47M, and currently, shorts hold a 5.82% of that float. The average trading volume for SHO on May 08, 2024 was 1.95M shares.
SHO’s Market Performance
The stock of Sunstone Hotel Investors Inc (SHO) has seen a 1.76% increase in the past week, with a -5.38% drop in the past month, and a -3.26% fall in the past quarter. The volatility ratio for the week is 2.43%, and the volatility levels for the past 30 days are at 2.24% for SHO. The simple moving average for the past 20 days is -0.39% for SHO’s stock, with a 2.87% simple moving average for the past 200 days.
Analysts’ Opinion of SHO
JP Morgan, on the other hand, stated in their research note that they expect to see SHO reach a price target of $10, previously predicting the price at $9. The rating they have provided for SHO stocks is “Neutral” according to the report published on December 14th, 2023.
Wells Fargo gave a rating of “Underweight” to SHO, setting the target price at $9.50 in the report published on December 08th of the previous year.
SHO Trading at -4.16% from the 50-Day Moving Average
After a stumble in the market that brought SHO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.44% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares sank -6.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.49% lower at present.
During the last 5 trading sessions, SHO rose by +1.76%, which changed the moving average for the period of 200-days by +5.70% in comparison to the 20-day moving average, which settled at $10.39. In addition, Sunstone Hotel Investors Inc saw -3.26% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SHO
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.49 for the gross margin
The net margin for Sunstone Hotel Investors Inc stands at 0.2. The total capital return value is set at 0.04. Equity return is now at value 9.37, with 6.38 for asset returns.
Currently, EBITDA for the company is 244.97 million with net debt to EBITDA at -1.76. When we switch over and look at the enterprise to sales, we see a ratio of 1.78. The receivables turnover for the company is 26.17for trailing twelve months and the total asset turnover is 0.31.
Conclusion
In conclusion, Sunstone Hotel Investors Inc (SHO) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
