The trading price of Host Hotels & Resorts Inc. (NASDAQ:HST) closed higher on Tuesday, November 23, closing at $17.45, 2.17% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $19.02 and a 52-week low of $13.16. Over the past month, the stock has gained 3.68% in value.
Host Hotels & Resorts Inc., whose market valuation is $12.65 billion at the time of this writing, is expected to release its quarterly earnings report Feb 16, 2022 – Feb 21, 2022. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.09 per share this quarter, however they have predicted annual earnings per share of -$0.43 for 2021 and $0.41 for 2022. It means analysts are expecting annual earnings per share growth of 58.70% this year and 195.30% next year.
Analysts have forecast the company to bring in revenue of $762.09 million for the current quarter, with the likely lows of $586.5 million and highs of $899.5 million. The average estimate suggests sales will likely up by 244.70% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2021 is $2.68 billion. The company’s revenue is forecast to grow by 65.40% over what it did in 2021.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Host Hotels & Resorts Inc. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest HST has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned HST a recommendation rating is 22. Out of them, 9 rate it a Hold, while 9 recommend Buy, whereas 1 assign an Overweight rating. 1 analyst(s) have tagged Host Hotels & Resorts Inc. (HST) as Underweight, while 2 advise Sell. Analysts have rated the stock Overweight, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that HST’s price is currently -0.44% off the SMA20 and 2.82% off the SMA50. The RSI metric on the 14-day chart is currently showing 52.41, and weekly volatility stands at 2.28%. When measured over the past 30 days, the indicator reaches 2.44%. Host Hotels & Resorts Inc. (NASDAQ:HST)’s beta value is currently sitting at 1.33, while the Average True Range indicator is currently displaying 0.41. With analysts defining $16.00-$22.00 as the low and high price targets, we arrive at a consensus price target of $19.25 for the trailing 12-month period. The current price is about 8.31% off the estimated low and -26.07% off the forecast high, based on this estimate. Investors will be thrilled if HST’s share price rises to $19.00, which is the median consensus price. At that level, HST’s share price would be -8.88% below current price.
To see how Host Hotels & Resorts Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: HST stock’s performance was 2.17% in the latest trading, and 18.63% in the past year, while MGM Growth Properties LLC (MGP) has traded 0.37% on the day and positioned 24.52% higher than it was a year ago. Another comparable company Ryman Hospitality Properties Inc. (RHP) saw its stock close 0.61% higher in the most recent trading session but was up 40.16% in a year. Furthermore, Apple Hospitality REIT Inc. (APLE) showed an increase of 1.02% on the day while its price kept inclining at 23.81% over the past year. Host Hotels & Resorts Inc. has a P/E ratio of 0, compared to MGM Growth Properties LLC’s 28.22 and Ryman Hospitality Properties Inc.’s 0. Also in last trading session, the S&P 500 Index has surged 0.17%, while the Dow Jones Industrial also saw a positive session, up 0.55% on the day.
An evaluation of the daily trading volume of Host Hotels & Resorts Inc. (NASDAQ:HST) indicates that the 3-month average is 6.99 million.
Currently, records show that 713.90 million of the company’s shares remain outstanding. The insiders hold 1.19% of outstanding shares, whereas institutions hold 99.24%. However, since the stock’s price has seen 19.28% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.