Host Hotels & Resorts Inc (NASDAQ:HST) price on Thursday, June 12, fall -1.75% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $15.69.
A look at the stock’s price movement, the close in the last trading session was $15.97. The PE ratio in trailing twelve months stood at 16.27. Turning to its 52-week performance, $19.26 and $12.22 were the 52-week high and 52-week low respectively. Overall, HST moved -0.44% over the past month.
Host Hotels & Resorts Inc’s market cap currently stands at around $10.88 billion, with investors looking forward to this quarter’s earnings report slated for in July. The company has a Forward Dividend ratio of 0.80, with its dividend yield at 5.08%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 1.51B for the company’s revenue for the quarter, with a low and high estimate of 1.43B and 1.56B respectively. The average forecast suggests up to a 2.76% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 5.92B, representing a 4.08% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HST is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 6 recommend HST as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HST’s current price about 1.54% and 7.12% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.61, while 7-day volatility ratio is 1.34% and 1.71% in the 30-day chart. Further, Host Hotels & Resorts Inc (HST) has a beta value of 1.35, and an average true range (ATR) of 0.39. Analysts have given the company’s stock an average 52-week price target of $17.5, forecast between a low of $17 and high of $18. Looking at the price targets, the low is -8.35% off current price level while to achieve the yearly target high, price needs to move -14.72%. Nonetheless, investors will most likely welcome a -11.54% jump to $17.5 which is the analysts’ median price.
If we refocus on Host Hotels & Resorts Inc (NASDAQ:HST), historical trading data shows that trading volumes averaged 10.93 million over the past 3 months. The company’s latest data on shares outstanding shows there are 693.70 million shares.
The 1.45% of Host Hotels & Resorts Inc’s shares are in the hands of company insiders while institutional holders own 106.91% of the company’s shares. Current price change has pushed the stock -10.45% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HST stock continues to rise going into the next quarter.
