Host Hotels & Resorts Inc (HST): Investing In A Time Of Crisis

Host Hotels & Resorts Inc (NASDAQ:HST) currently has a daily average trading volume of 6.31M but it saw 3907267 shares traded in last market. With a market cap of 14.27B USD, the company’s current market price of $20.28 came falling about -0.20 while comparing to the previous closing price of $20.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.31 and as low as $14.74.

Taking a look at 20-day trading activity of Host Hotels & Resorts Inc (HST) gives us an average price of $20.70, while its current price level is -4.83% below from 52-week high level whereas it is 37.63% 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 $20.20 while that of 200 days or SMA-200 reads an average of $17.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.64% during that period while stretching the period over a month that increases to 1.81%. 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 45.35 which implies that the stock is in neutral territory.

JP Morgan upgraded its recommendation for the stock as a “Neutral” from “Underweight” on December 14, 2023 while assigning a price target of $15. HSBC Securities issued its recommendations for the stock as it initiated the price target for the stock is $21.

Over the week, HST’s stock price is moving 0.05% up while it is -3.75% when we observe its performance for the past one month. Year-to-date it is 4.16% up and over the past year, the stock is showing an upside performance of 24.53%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.19 beaten by the consensus estimate of $0.2 for the same. For HST, analysts are forecasting an EPS-growth rate of -6.70% for current year and estimate for EPS growth in next year is 8.20%. In next quarter, company is expected to be making quarterly sales of $1.48 billion as analysts are expecting the sales for current fiscal year at $5.62 billion and seeing the company making $5.79 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 703.60M with 1.30% of that held by the insiders while 104.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.73% and return on equity (ROE) at 11.09%. It has a price to earnings ratio (P/E ratio) of 19.53 while having a 20.06 of forward P/E ratio. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 2.69. Its return on asset (ROA) is 6.04% on average.