Host Hotels & Resorts Inc. (NASDAQ:HST) currently has a daily average trading volume of 7.03M but it saw 6974351 shares traded on Thursday. With a market cap of 12.09B USD, stock’s current market price of $16.73 came rising about 0.97 while comparing to the previous closing price of $16.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.98 and as low as $14.51. In the recent trading on the day, stock has struck highest price mark of $16.7987 while lowest mark touched by it was $16.415.
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Taking a look at 20-day trading activity of Host Hotels & Resorts Inc. (HST) gives us an average price of $16.90, while its current price level is -20.26% below from 52-week high level whereas it is 15.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.32 while that of 200 days or SMA-200 reads an average of $17.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.11% during that period while stretching the period over a month that increases to 2.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.51 which implies that the stock is in neutral territory.
Host Hotels & Resorts Inc. (HST)’s stock is currently under the radar of 20 analysts who are in consensus at a 12-month price target range of between $17.00 and $23.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $17.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $23.00. Average price target assigned by them is $20.28 which highlights an upside potential of 17.5% for the stock over that period. And to attain the median price target of $20.00 assigned by those analysts, stock has to add about 16.35% of value to its current levels.
Data by FactSet Research shows that 20 analysts have issued their ratings for the stock. 1 of them are in opinions that stock is a Sell, while 4 are advising it as an Overweight. 9 analysts suggested the investors to Buy the stock while 5 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, HST’s stock price is moving -3.57% down while it is 5.89% when we observe its performance for the past one month. Year-to-date it is 4.24% up and over the past year, the stock is showing a downside performance of -8.66%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.4 beat the consensus estimate of $0.24 for the same. The company is expected to be releasing its next quarterly report in 08/02/2023, for which analysts forecasted an EPS of $0.33 while estimate for next year EPS is $1.05. For HST, analysts are forecasting an EPS-growth rate of 19.30% for current year and estimate for EPS growth in next year is -12.40%. In next quarter, company is expected to be making quarterly sales of $1.24 billion as analysts are expecting the sales for current fiscal year at $5.36 billion and seeing the company making $5.49 billion in sales next year. Moreover, analysts are in estimates of $1.44 billion for current-quarter revenue.
Currently, Host Hotels & Resorts Inc.’s total number of outstanding shares is 713.40M with 1.11% of that held by the insiders while 107.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.90% and return on equity (ROE) at 11.80%. It has a price to earnings ratio (P/E ratio) of 14.83 while having a 17.84 of forward P/E ratio. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 1.74 while price to sale or P/S ratio amounts to 2.32. Its return on asset (ROA) is 6.60% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Vanguard Real Estate Index Fund came shrinking its share ownership by -0.24% in the Host Hotels & Resorts Inc. (HST) decreasing its stake to 4.40% with control over 75819.0 shares in the company. As per SEC documents, Vanguard Real Estate Index Fund sought 31,423,544 of company’s common stock of worth $508.12 million as per recent closing price of the stock. Vanguard Real Estate Index Fund is not the only institutional holder which restructured its stake in Host Hotels & Resorts Inc., as Government Pension Fund – Global picked 25,388,681 shares of worth $410.53 million to bring its holdings to a total of 1.27 million shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.24% in the company and now holds 22.14 million or 3.10% of the company’s stake having worth of about 358.02 million.
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