Soho House & Co Inc. (NYSE:SHCO) Given Average Recommendation of “Moderate Buy” by Analysts

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

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

Institutional Investors Weigh In On Soho House & Co Inc.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lansdowne Partners UK LLP bought a new position in shares of Soho House & Co Inc. during the third quarter valued at about $18,114,000. GSA Capital Partners LLP purchased a new stake in Soho House & Co Inc. in the third quarter worth $683,000. Swiss National Bank bought a new stake in shares of Soho House & Co Inc. in the third quarter valued at $537,000. Pelham Capital Ltd. bought a new stake in Soho House & Co Inc. in the 3rd quarter valued at about $29,033,000. Finally, Sapient Capital LLC purchased a new stake in shares of Soho House & Co Inc. during the 4th quarter valued at approximately $387,000. 62.35% of the stock is owned by institutional investors.

Soho House & Co Inc. Stock Down 2.4 %

SHCO stock opened at $5.36 on Friday. The company’s 50-day moving average price is $5.76 and its two-hundred day moving average price is $6.46. The firm has a market cap of $1.05 billion, a P/E ratio of -8.93 and a beta of 0.73. Soho House & Co Inc. has a 12 month low of $4.35 and a 12 month high of $8.48.

Soho House & Co Inc. (NYSE:SHCO) last posted its quarterly earnings results on Friday, March 15th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The company had revenue of $290.79 million for the quarter, compared to analyst estimates of $303.05 million. Equities analysts predict that Soho House & Co Inc. will post -0.43 EPS for the current 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.