The trading price of Host Hotels & Resorts Inc (NASDAQ:HST) floating higher at last check on Tuesday, April 23, closing at $19.28, 1.49% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 18.57. In examining the 52-week price action we see that the stock hit a 52-week high of $21.31 and a 52-week low of $14.74. Over the past month, the stock has lost -7.52% in value.
Host Hotels & Resorts Inc, whose market valuation is $13.57 billion at the time of this writing. The dividend yield on the company stock is 3.79%, while its Forward Dividend ratio is 0.73. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0.32 per share this quarter, however they have predicted annual earnings per share of $1.03 for 2024 and $1.11 for 2025. It means analysts are expecting annual earnings per share growth of -1.00% this year and 7.80% next year.
Analysts have forecast the company to bring in revenue of $1.42 billion for the current quarter, with the likely lows of $1.36 billion and highs of $1.47 billion. The average estimate suggests sales will likely up by 8.50% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $5.6 billion. The company’s revenue is forecast to grow by 5.50% over what it did in 2024.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Host Hotels & Resorts Inc no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest HST has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.65, which symbolizes a positive outlook. A quick review shows that HST’s price is currently -3.40% off the SMA20 and -4.78% off the SMA50. The RSI metric on the 14-day chart is currently showing 41.56, and weekly volatility stands at 2.37%. When measured over the past 30 days, the indicator reaches 2.18%. Host Hotels & Resorts Inc (NASDAQ:HST)’s beta value is currently sitting at 1.33, while the Average True Range indicator is currently displaying 0.43.
To see how Host Hotels & Resorts Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: HST stock’s performance was 1.49% at last check in today’s session, and 20.37% in the past year. Host Hotels & Resorts Inc has a P/E ratio of 18.57.
An evaluation of the daily trading volume of Host Hotels & Resorts Inc (NASDAQ:HST) indicates that the 3-month average is 5.78 million.
Currently, records show that 703.60 million of the company’s shares remain outstanding. The insiders hold 1.33% of outstanding shares, whereas institutions hold 103.04%. However, since the stock’s price has seen -0.96% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
