Let’s look at the key reasons that are pushing Sunstone Hotel Investors Inc (SHO) to new highs

On Tuesday, Sunstone Hotel Investors Inc (NYSE: SHO) opened higher 10.12% from the last session, before settling in for the closing price of $10.77. Price fluctuations for SHO have ranged from $9.39 to $11.59 over the past 52 weeks.

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Real Estate Sector giant saw their annual sales surged by 19.50% over the last five years. Company’s average yearly earnings per share was noted -85.91% at the time writing. With a float of $198.48 million, this company’s outstanding shares have now reached $200.92 million.

The firm has a total of 40 workers. Let’s measure their productivity. In terms of profitability, gross margin is 48.69%, operating margin of 13.06%, and the pretax margin is 18.8%.

Sunstone Hotel Investors Inc (SHO) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the REIT – Hotel & Motel industry is another important factor to consider. The insider ownership of Sunstone Hotel Investors Inc is 1.21%, while institutional ownership is 99.95%.

Sunstone Hotel Investors Inc (SHO) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.03) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -85.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.90% during the next five years compared to -2.30% drop over the previous five years of trading.

Sunstone Hotel Investors Inc (NYSE: SHO) Trading Performance Indicators

Check out the current performance indicators for Sunstone Hotel Investors Inc (SHO). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.62. Likewise, its price to free cash flow for the trailing twelve months is 104.32.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.76, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.24 in one year’s time.

Technical Analysis of Sunstone Hotel Investors Inc (SHO)

Analysing the last 5-days average volume posted by the [Sunstone Hotel Investors Inc, SHO], we can find that recorded value of 5.43 million was better than the volume posted last year of 2.14 million. As of the previous 9 days, the stock’s Stochastic %D was 85.43%. Additionally, its Average True Range was 0.34.

During the past 100 days, Sunstone Hotel Investors Inc’s (SHO) raw stochastic average was set at 88.21%, which indicates a significant increase from 85.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.94% in the past 14 days, which was higher than the 29.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.41, while its 200-day Moving Average is $10.43. Now, the first resistance to watch is $12.17. This is followed by the second major resistance level at $12.47. The third major resistance level sits at $12.76. If the price goes on to break the first support level at $11.58, it is likely to go to the next support level at $11.29. Now, if the price goes above the second support level, the third support stands at $10.99.

Sunstone Hotel Investors Inc (NYSE: SHO) Key Stats

There are currently 200,901K shares outstanding in the company with a market cap of 2.38 billion. Presently, the company’s annual sales total 986,480 K according to its annual income of 206,710 K. Last quarter, the company’s sales amounted to 226,390 K and its income totaled 3,250 K.