Here's Why Host Hotels (HST) is a Strong Momentum Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Is This 1 Momentum Stock a Screaming Buy Right Now?
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
Host Hotels (HST)
Bethesda, MD-based Host Hotels & Resorts Inc., one of the leading lodging real estate investment trusts (REITs), engages in the ownership, acquisition, and redevelopment of luxury and upper-upscale hotels in the United States and abroad. It is an S&P 500 Index company.
HST sits at a Zacks Rank #2 (Buy), holds a Momentum Style Score of B, and has a VGM Score of B. The stock is down 1.8% and up 4% over the past one-week and four-week period, respectively, and Host Hotels has gained 33.7% in the last one-year period as well. Additionally, an average of 6,640,364.50 shares were traded over the last 20 trading sessions.
A company's earnings performance is important for momentum investors as well. For fiscal 2024, 10 analysts revised their earnings estimate higher in the last 60 days for HST, while the Zacks Consensus Estimate has increased $0.08 to $1.97 per share. HST also boasts an average earnings surprise of 6.6%.
With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding HST to their portfolios.
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Host Hotels & Resorts, Inc. (HST) : Free Stock Analysis Report
