Soho House & Co Inc. (NYSE:SHCO) Receives $8.50 Average Price Target from Brokerages

Shares of Soho House & Co Inc. (NYSE:SHCO) have been assigned an average rating of “Moderate Buy” from 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 issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $8.50.

Several equities analysts have recently weighed in on SHCO shares. Citigroup cut their price objective on 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. Roth Mkm lowered 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 note on Monday, March 18th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Mesirow Financial Investment Management Inc. bought a new stake in shares of Soho House & Co Inc. in the 1st quarter worth $411,000. Thematics Asset Management increased its position 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 valued at $2,903,000 after acquiring an additional 16,814 shares during the last quarter. Jump Financial LLC lifted its holdings in Soho House & Co Inc. by 23.2% during the fourth quarter. Jump Financial LLC now owns 16,015 shares of the company’s stock worth $114,000 after acquiring an additional 3,015 shares during the period. Sapient Capital LLC purchased a new position in Soho House & Co Inc. in the fourth quarter worth $387,000. Finally, GSA Capital Partners LLP bought a new position in Soho House & Co Inc. in the 3rd quarter valued at $683,000. Institutional investors and hedge funds own 62.35% of the company’s stock.

Soho House & Co Inc. Stock Up 1.6 %

Shares of SHCO opened at $5.13 on Tuesday. Soho House & Co Inc. has a 12 month low of $4.35 and a 12 month high of $8.48. The company has a 50-day moving average price of $5.64 and a two-hundred day moving average price of $6.28. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of -8.55 and a beta of 0.75.

Soho House & Co Inc. (NYSE:SHCO) last announced its quarterly earnings data on Friday, March 15th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.03). The business had revenue of $290.79 million during the quarter, compared to analysts’ expectations of $303.05 million. Equities research 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.