Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Sunstone Hotel Investors Inc (NYSE: SHO) closed the day trading at $11.70 up 0.52% from the previous closing price of $11.64. In other words, the price has increased by $0.52 from its previous closing price. On the day, 2.6 million shares were traded. SHO stock price reached its highest trading level at $11.79 during the session, while it also had its lowest trading level at $11.66.
Ratios:
For a better understanding of SHO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 102.91. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.36.
On September 13, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight but kept the price unchanged to $10.50.
Wolfe Research Upgraded its Peer Perform to Outperform on July 10, 2024, while the target price for the stock was maintained at $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHO now has a Market Capitalization of 2350541568 and an Enterprise Value of 3344482560. As of this moment, Sunstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.48, and their Forward P/E ratio for the next fiscal year is 47.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.58 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 3.674 whereas that against EBITDA is 16.02.
Stock Price History:
The Beta on a monthly basis for SHO is 1.21, which has changed by 0.08938551 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, SHO has reached a high of $12.41, while it has fallen to a 52-week low of $9.39. The 50-Day Moving Average of the stock is 2.78%, while the 200-Day Moving Average is calculated to be 10.83%.
Shares Statistics:
Over the past 3-months, SHO traded about 2.71M shares per day on average, while over the past 10 days, SHO traded about 2529860 shares per day. A total of 200.92M shares are outstanding, with a floating share count of 198.45M. Insiders hold about 1.22% of the company’s shares, while institutions hold 99.98% stake in the company. Shares short for SHO as of 1735603200 were 10381514 with a Short Ratio of 3.84, compared to 1732838400 on 14412348. Therefore, it implies a Short% of Shares Outstanding of 10381514 and a Short% of Float of 8.06.
Dividends & Splits
SHO’s forward annual dividend rate is 0.34, up from 0.32 a year ago. Against a Trailing Annual Dividend Yield of 0.027491407The stock’s 5-year Average Dividend Yield is 5.84.
