Soho House & Co Inc. (NYSE:SHCO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Soho House & Co Inc. (NYSE:SHCOGet Free Report) have been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $8.50.

A number of equities analysts have recently commented on the stock. Citigroup cut their target price on shares of Soho House & Co Inc. from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Monday, February 12th. William Blair restated an “outperform” rating on shares of Soho House & Co Inc. in a research note on Monday, March 18th. Finally, Roth Mkm decreased their target price on shares of Soho House & Co Inc. from $10.00 to $7.50 and set a “buy” rating for the company in a research note on Monday, March 18th.

View Our Latest Stock Report on Soho House & Co Inc.

Hedge Funds Weigh In On Soho House & Co Inc.

A number of large investors have recently modified their holdings of SHCO. Mesirow Financial Investment Management Inc. acquired a new position in Soho House & Co Inc. during the first quarter worth $411,000. Thematics Asset Management grew its stake in shares of Soho House & Co Inc. by 4.3% during the 4th quarter. Thematics Asset Management now owns 407,731 shares of the company’s stock worth $2,903,000 after purchasing an additional 16,814 shares during the period. Jump Financial LLC increased its holdings in shares of Soho House & Co Inc. by 23.2% in the 4th quarter. Jump Financial LLC now owns 16,015 shares of the company’s stock valued at $114,000 after purchasing an additional 3,015 shares in the last quarter. Sapient Capital LLC acquired a new stake in shares of Soho House & Co Inc. in the fourth quarter valued at about $387,000. Finally, GSA Capital Partners LLP purchased a new stake in Soho House & Co Inc. during the third quarter worth about $683,000. 62.35% of the stock is owned by hedge funds and other institutional investors.

Soho House & Co Inc. Stock Performance

Shares of SHCO stock opened at $5.67 on Tuesday. The stock’s 50-day moving average is $5.62 and its two-hundred day moving average is $6.24. Soho House & Co Inc. has a 1 year low of $4.35 and a 1 year high of $8.48. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -7.46 and a beta of 0.75.

Soho House & Co Inc. (NYSE:SHCOGet Free Report) last released its quarterly earnings results on Friday, March 15th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, research analysts predict that Soho House & Co Inc. will post -0.43 EPS for the current year.

Soho House & Co Inc. Company Profile

(Get Free Report

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.

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Analyst Recommendations for Soho House & Co Inc. (NYSE:SHCO)

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