Should Investors Trust The Upside Potential In Host Hotels & Resorts Inc (HST)?

Host Hotels & Resorts Inc (NASDAQ:HST) currently has a daily average trading volume of 5.93M but it saw 8122871 shares traded in last market. With a market cap of 13.19B USD, the company’s current market price of $18.74 came falling about -1.78 while comparing to the previous closing price of $19.08. 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 $20.29, while its current price level is -12.06% below from 52-week high level whereas it is 27.18% 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 $20.29 while that of 200 days or SMA-200 reads an average of $18.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.97% during that period while stretching the period over a month that decreases to 2.14%. 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 29.66 which implies that the stock is in oversold 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 -6.95% down while it is -9.25% when we observe its performance for the past one month. Year-to-date it is -3.75% down and over the past year, the stock is showing an upside performance of 14.86%.

Currently, Host Hotels & Resorts Inc’s total number of outstanding shares is 703.60M. 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 18.05 while having a 18.61 of forward P/E ratio. Stock’s beta reads 1.33. Stock has a price to book (P/B) ratio of 1.99 while price to sale or P/S ratio amounts to 2.48. Its return on asset (ROA) is 6.04% on average.