Starwood Hotels & Resorts Worldwide (HOT) has been under a strong bear grip, hence the stock is down -3.15% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.25% in the past 1 week. The stock has risen by 1.79% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.11% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.35% and the 50-Day Moving Average is 2.59%.The 200 Day SMA reached 3.14% Starwood Hotels & Resorts Worldwide Inc. is up 2.1% in the last 3-month period. Year-to-Date the stock performance stands at 10.05%.
Starwood Hotels & Resorts Worldwide (HOT) stock is expected to deviate a maximum of $7.06 from the average target price of $81.25 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $93 and the most muted being $70.
Company shares have received an average consensus rating of Hold for the current week Starwood Hotels & Resorts Worldwide (NYSE:HOT): stock was range-bound between the intraday low of $74.98 and the intraday high of $75.83 after having opened at $75.7 on Fridays session. The stock finally closed in the red at $75.7, a loss of -0.65%. The stock remained in the red for the whole trading day. The total traded volume was 1,454,807 shares. The stock failed to cross $75.83 in Fridays trading. The stocks closing price on Thursday was $75.94.
Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. The Companys hotel business is focused on the global operation of hotels and resorts primarily in the luxury and upper upscale segments of the lodging industry. The Company owns Starwood Vacation Ownership, Inc., a provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. It manages and operates its hotel business in three hotel segments: the Americas, Europe, Africa and the Middle East (EAME), and Asia Pacific. Its vacation ownership and residential business is a separate segment. As of December 31, 2014, the Companys hotel business included 1,207 owned, managed or franchised hotels with approximately 346,600 rooms, comprising 36 hotels that it owns or leases or in which the Company has a majority equity interest, 583 hotels managed by the Company on behalf of third-party owners and 588 hotels for which it receives franchise fees.