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

Soho House & Co Inc. (NYSE:SHCO) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $8.50.

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

Hedge Funds Weigh In On Soho House & Co Inc.

Hedge funds have recently bought and sold shares of the company. Lansdowne Partners UK LLP bought a new position in shares of Soho House & Co Inc. in the third quarter worth $18,114,000. LPL Financial LLC purchased a new stake in Soho House & Co Inc. in the third quarter worth approximately $10,003,000. Thematics Asset Management raised its stake in shares of Soho House & Co Inc. by 4.3% during the fourth quarter. Thematics Asset Management now owns 407,731 shares of the company’s stock worth $2,903,000 after acquiring an additional 16,814 shares in the last quarter. Algert Global LLC purchased a new position in Soho House & Co Inc. in the 3rd quarter worth $949,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Soho House & Co Inc. in the 3rd quarter valued at about $683,000. Hedge funds and other institutional investors own 62.35% of the company’s stock.

Soho House & Co Inc. Stock Up 0.2 %

Shares of Soho House & Co Inc. stock opened at $5.18 on Tuesday. The business has a 50 day moving average price of $5.68 and a 200-day moving average price of $6.31. Soho House & Co Inc. has a 52 week low of $4.35 and a 52 week high of $8.48. The company has a market cap of $1.01 billion, a PE ratio of -8.63 and a beta of 0.75.

Soho House & Co Inc. (NYSE:SHCO) last posted its earnings results on Friday, March 15th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The business had revenue of $290.79 million for the quarter, compared to analysts’ expectations of $303.05 million. As a group, research analysts anticipate 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.