Are Analysts Too Bullish On Host Hotels & Resorts Inc (HST)

Host Hotels & Resorts Inc (NASDAQ:HST) currently has a daily average trading volume of 6.01M but it saw 5730374 shares traded in last market. With a market cap of 13.03B USD, the company’s current market price of $18.48 came falling about -0.27 while comparing to the previous closing price of $18.53. 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 $18.73, while its current price level is -13.28% below from 52-week high level whereas it is 25.42% 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 $19.76 while that of 200 days or SMA-200 reads an average of $18.20. 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 2.42%. 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 40.00 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 1.37% up while it is -3.14% when we observe its performance for the past one month. Year-to-date it is -5.08% down and over the past year, the stock is showing an upside performance of 10.59%.

Currently, Host Hotels & Resorts Inc’s total number of outstanding shares is 703.60M. Company’s return on investment (ROI) stands at 6.10% and return on equity (ROE) at 10.61%. It has a price to earnings ratio (P/E ratio) of 18.17 while having a 18.14 of forward P/E ratio. Stock’s beta reads 1.34. Stock has a price to book (P/B) ratio of 1.93 while price to sale or P/S ratio amounts to 2.41. Its return on asset (ROA) is 5.84% on average.