For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Sunstone Hotel Investors Inc (NYSE: SHO) closed the day trading at $11.65 down -1.60% from the previous closing price of $11.84. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 1.22 million shares were traded. SHO stock price reached its highest trading level at $11.835 during the session, while it also had its lowest trading level at $11.62.
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 12.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 102.47. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.36.
On July 10, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $12.
Robert W. Baird Upgraded its Neutral to Outperform on May 28, 2024, whereas the target price for the stock was revised from $11 to $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 2340496384 and an Enterprise Value of 3334437632. As of this moment, Sunstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.41, and their Forward P/E ratio for the next fiscal year is 49.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 3.663 whereas that against EBITDA is 15.972.
Stock Price History:
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 4.96%, while the 200-Day Moving Average is calculated to be 10.71%.
Shares Statistics:
Over the past 3-months, SHO traded about 2.77M shares per day on average, while over the past 10 days, SHO traded about 2224860 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 1734048000 were 12610370 with a Short Ratio of 4.55, compared to 1731628800 on 13486008. Therefore, it implies a Short% of Shares Outstanding of 12610370 and a Short% of Float of 9.790000000000001.
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 0.027027026The stock’s 5-year Average Dividend Yield is 5.84.
