Soho House & Co Inc. (NYSE:SHCO) Given Consensus Rating of “Moderate Buy” by Brokerages

Soho House & Co Inc. (NYSE:SHCO) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $8.50.

SHCO has been the topic of a number of recent analyst reports. William Blair reissued an “outperform” rating on shares of Soho House & Co Inc. in a research note on Monday, March 18th. Citigroup cut their price objective on Soho House & Co Inc. from $11.00 to $10.00 and set a “buy” rating for the company in a research report on Monday, February 12th. Finally, Roth Mkm dropped their target price on Soho House & Co Inc. from $10.00 to $7.50 and set a “buy” rating for the company in a research report on Monday, March 18th.

Institutional Investors Weigh In On Soho House & Co Inc.

A number of large investors have recently modified their holdings of the business. FMR LLC bought a new position in Soho House & Co Inc. during the 3rd quarter worth $28,000. Barclays PLC purchased a new position in shares of Soho House & Co Inc. in the 3rd quarter worth approximately $45,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Soho House & Co Inc. in the 3rd quarter worth approximately $59,000. Arizona State Retirement System bought a new stake in shares of Soho House & Co Inc. in the 3rd quarter worth approximately $69,000. Finally, Orion Portfolio Solutions LLC bought a new stake in shares of Soho House & Co Inc. in the 4th quarter worth approximately $71,000. Institutional investors and hedge funds own 62.35% of the company’s stock.

Soho House & Co Inc. Stock Down 0.5 %

Shares of NYSE SHCO opened at $5.45 on Friday. Soho House & Co Inc. has a 12 month low of $4.35 and a 12 month high of $8.48. The company has a market cap of $1.07 billion, a price-to-earnings ratio of -9.08 and a beta of 0.73. The business has a fifty day simple moving average of $5.74 and a 200-day simple moving average of $6.47.

Soho House & Co Inc. (NYSE:SHCO) last posted its quarterly earnings results on Friday, March 15th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The company had revenue of $290.79 million during the quarter, compared to analysts’ expectations of $303.05 million. As a group, sell-side analysts expect that Soho House & Co Inc. will post -0.43 EPS for the current fiscal year.

Soho House & Co Inc. Company Profile

Soho House & Co Inc operates a global membership platform of physical and digital spaces that connects a group of members. The company helps the members to use the platform to work, socialize, connect, create, and flourish all over the world. The company was formerly known as Membership Collective Group Inc and changed its name to Soho House & Co Inc in March 2023.