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

Shares of Soho House & Co Inc. (NYSE:SHCO) have been given an average rating of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $8.50.

Several analysts have recently weighed in on the company. Citigroup reduced 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. Roth Mkm dropped their price target 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. Finally, William Blair restated 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.

Several institutional investors have recently added to or reduced their stakes in the stock. Pelham Capital Ltd. acquired a new position in Soho House & Co Inc. during the 3rd quarter worth approximately $29,033,000. Lansdowne Partners UK LLP acquired a new position in Soho House & Co Inc. during the 3rd quarter worth approximately $18,114,000. LPL Financial LLC acquired a new position in Soho House & Co Inc. during the 3rd quarter worth approximately $10,003,000. Vanguard Group Inc. increased its position in Soho House & Co Inc. by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 813,877 shares of the company’s stock worth $5,795,000 after purchasing an additional 35,216 shares during the period. Finally, Thematics Asset Management increased its position in 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. Institutional investors and hedge funds own 62.35% of the company’s stock.

Soho House & Co Inc. Price Performance

Shares of NYSE SHCO opened at $5.70 on Friday. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -9.49 and a beta of 0.73. The business has a 50-day moving average of $5.79 and a two-hundred day moving average of $6.50. Soho House & Co Inc. has a 1 year low of $4.35 and a 1 year high of $8.48.

Soho House & Co Inc. (NYSE:SHCO) last posted its 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 firm had revenue of $290.79 million during the quarter, compared to analyst estimates of $303.05 million. As a group, equities research analysts expect that Soho House & Co Inc. will post -0.43 earnings per share for the current year.

About Soho House & Co Inc.

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.