Is A Downturn Overdue? Sunstone Hotel Investors Inc. (NYSE:SHO), Centrais Eletricas Brasileiras S.A. – Eletrobras (NYSE:EBR)?

The shares of Sunstone Hotel Investors Inc. (NYSE:SHO) has been pegged with a rating of Neutral by BofA/Merrill in its latest research note that was published on March 19, 2020. BofA/Merrill wasn’t the only research firm that published a report of Sunstone Hotel Investors Inc., with other equities research analysts also giving their opinion on the stock. Barclays advised investors in its research note published on March 17, 2020, to Overweight the SHO stock while also putting a $11 price target. The stock had earned Underperform rating from BofA/Merrill Markets when it published its report on July 17, 2019. The stock was given Outperform rating by Wells Fargo in its report released on June 27, 2019, the day when the price target on the stock was placed at 15. Barclays was of a view that SHO is Equal Weight in its latest report on December 18, 2018. Jefferies thinks that SHO is worth Hold rating. This was contained in the firm’s report on May 31, 2018 in which the stock’s price target was also moved to 17.

Amongst the analysts that rated the stock, 3 have recommended investors to sell it, 8 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $11.92. The price of the stock the last time has raised by 53.39% from its 52-Week high price while it is -41.32% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 43.73.

The shares of the company added by 7.69% during the trading session on Wednesday, reaching a low of $7.64 while ending the day at $8.82. During the trading session, a total of 5.82 million shares were traded which represents a -46.33% decline from the average session volume which is 3.98 million shares. SHO had ended its last session trading at $8.19. Sunstone Hotel Investors Inc. currently has a market cap of $1.97 billion, while its P/E ratio stands at 16.30, while its P/E earnings growth sits at 0.82, with a beta of 1.40. SHO 52-week low price stands at $5.75 while its 52-week high price is $15.03.

The company in its last quarterly report recorded $0.26 earnings per share which is above the predicted by most analysts. The Sunstone Hotel Investors Inc. generated 864.97 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.29 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 19.23%. Sunstone Hotel Investors Inc. has the potential to record 0.90 EPS for the current fiscal year, according to equities analysts.

Even though the stock has been trading at $3.56/share, analysts expect it to surge by 12.08% to reach $2.50/share. It started the day trading at $4.165 and traded between $3.44 and $3.99 throughout the trading session.

A look at its technical shows that EBR’s 50-day SMA is 7.62 while its 200-day SMA stands at 9.07. The stock has a high of $11.66 for the year while the low is $2.95. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 3.36 M shorted shares, the short percentage went higher by 14.95%, as 3.86M SHO shares were shorted. At the moment, only 0.55% of Centrais Eletricas Brasileiras S.A. – Eletrobras shares were sold short. The company’s average trading volume currently stands at 654.92K shares, which means that the short-interest ratio is just 5.12 days. Over the past seven days, the company moved, with its shift of 0.00%. Looking further, the stock has dropped -57.00% over the past 90 days while it lost -57.72% over the last six months.

This move now sees The The Vanguard Group, Inc. selling 0 shares in the last quarter, thus it now holds 1,232,638 shares of EBR, with a total valuation of $9,528,292. Renaissance Technologies LLC meanwhile bought more EBR shares in the recently filed quarter, changing its stake to $7,558,425 worth of shares.

Similarly, Arrowstreet Capital LP decreased its Centrais Eletricas Brasileiras S.A. – Eletrobras shares by 20.90% during the recently filed quarter. After selling 818,012 shares in the last quarter, the firm now controls -216,099 shares of Centrais Eletricas Brasileiras S.A. – Eletrobras which are valued at $6,323,233. In the same vein, PineBridge Investments LLC decreased its Centrais Eletricas Brasileiras S.A. – Eletrobras shares by during the most recent reported quarter. The firm bought 240,184 shares during the quarter which decreased its stakes to 574,647 shares and is now valued at $4,442,021.