Sunstone Hotel Investors Inc (SHO) Stock Price and Analyst Predictions

Sunstone Hotel Investors Inc (NYSE: SHO) has a price-to-earnings ratio that is above its average at 12.60x. The stock has a 36-month beta value of 1.25. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 4 as “sell.”

The public float for SHO is 201.04M, and at present, short sellers hold a 7.64% of that float. On September 19, 2024, the average trading volume of SHO was 2.32M shares.

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SHO) stock’s latest price update

Sunstone Hotel Investors Inc (NYSE: SHO)’s stock price has increased by 0.19 compared to its previous closing price of 10.30. However, the company has seen a 4.77% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-07 that Sunstone Hotel Investors, Inc. (NYSE:SHO ) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Aaron Reyes – Chief Financial Officer Bryan Giglia – Chief Executive Officer Robert Springer – President and Chief Investment Officer Chris Ostapovicz – Chief Operating Officer Conference Call Participants Michael Bellisario – Baird Dori Kesten – Wells Fargo Duane Pfennigwerth – Evercore ISI Smedes Rose – Citi David Katz – Jefferies Chris Darling – Green Street Chris Woronka – Deutsche Bank Floris Van Dijkum – Compass Point Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to the Sunstone Hotel Investors Second Quarter 2024 Earnings Call.

SHO’s Market Performance

Sunstone Hotel Investors Inc (SHO) has experienced a 4.77% rise in stock performance for the past week, with a 0.98% rise in the past month, and a 2.18% rise in the past quarter. The volatility ratio for the week is 1.72%, and the volatility levels for the past 30 days are at 1.88% for SHO. The simple moving average for the past 20 days is 1.81% for SHO’s stock, with a -1.58% simple moving average for the past 200 days.

Analysts’ Opinion of SHO

Many brokerage firms have already submitted their reports for SHO stocks, with Wells Fargo repeating the rating for SHO by listing it as a “Equal Weight.” The predicted price for SHO in the upcoming period, according to Wells Fargo is $10.50 based on the research report published on September 13, 2024 of the current year 2024.

Wolfe Research, on the other hand, stated in their research note that they expect to see SHO reach a price target of $12. The rating they have provided for SHO stocks is “Outperform” according to the report published on July 10th, 2024.

Robert W. Baird gave a rating of “Outperform” to SHO, setting the target price at $12 in the report published on May 28th of the current year.

SHO Trading at 1.57% 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 -10.96% of loss for the given period.

Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares surge +2.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.67% upper at present.

During the last 5 trading sessions, SHO rose by +4.77%, which changed the moving average for the period of 200-days by +4.45% in comparison to the 20-day moving average, which settled at $10.15. In addition, Sunstone Hotel Investors Inc saw -3.82% 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:

  • 0.07 for the present operating margin
  • 0.31 for the gross margin

The net margin for Sunstone Hotel Investors Inc stands at 0.19. The total capital return value is set at 0.03. Equity return is now at value 8.51, with 5.82 for asset returns.

Based on Sunstone Hotel Investors Inc (SHO), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 1.38.

Currently, EBITDA for the company is 244.97 million with net debt to EBITDA at 2.59. When we switch over and look at the enterprise to sales, we see a ratio of 2.89. The receivables turnover for the company is 24.65for trailing twelve months and the total asset turnover is 0.3.

Conclusion

To sum up, Sunstone Hotel Investors Inc (SHO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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