Soho House & Co Inc. (SHCO) Projected to Post Quarterly Earnings on Thursday

Soho House & Co Inc. (NYSE:SHCO) is anticipated to release its results before the market opens on Thursday, December 18th. Analysts expect Soho House & Co Inc. to post earnings of $0.02 per share for the quarter.

Soho House & Co Inc. (NYSE:SHCO) last released its quarterly earnings data on Friday, November 7th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.12). Soho House & Co Inc. had a negative net margin of 6.00% and a negative return on equity of 4.02%. The firm had revenue of $370.75 million during the quarter, compared to analyst estimates of $352.80 million. On average, analysts expect Soho House & Co Inc. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Soho House & Co Inc. Stock Performance

Shares of NYSE:SHCO opened at $8.95 on Wednesday. The stock has a 50-day simple moving average of $8.86 and a 200-day simple moving average of $8.10. The stock has a market capitalization of $1.75 billion, a P/E ratio of -22.36 and a beta of 0.69. Soho House & Co Inc. has a 1 year low of $4.77 and a 1 year high of $8.95.

Analysts Set New Price Targets

Several research firms have issued reports on SHCO. Weiss Ratings reiterated a “sell (d-)” rating on shares of Soho House & Co Inc. in a research note on Wednesday, October 8th. Zacks Research lowered shares of Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Soho House & Co Inc. has a consensus rating of “Hold” and a consensus target price of $9.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers acquired a new stake in Soho House & Co Inc. during the 2nd quarter valued at $204,000. JPMorgan Chase & Co. grew its stake in shares of Soho House & Co Inc. by 83.4% during the second quarter. JPMorgan Chase & Co. now owns 116,837 shares of the company’s stock valued at $859,000 after acquiring an additional 53,139 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Soho House & Co Inc. during the second quarter worth about $176,000. Occudo Quantitative Strategies LP purchased a new stake in shares of Soho House & Co Inc. during the second quarter worth about $82,000. Finally, PDT Partners LLC lifted its stake in shares of Soho House & Co Inc. by 7.2% in the second quarter. PDT Partners LLC now owns 44,600 shares of the company’s stock worth $328,000 after acquiring an additional 2,993 shares in the last quarter. 62.35% of the stock is owned by institutional investors and hedge funds.

About Soho House & Co Inc.

Soho House & Co, Inc is a holding company, which offers global membership platform of physical and digital spaces. It operates through the following segments: UK, North America, Europe and Rest of the World, and All Other. The company was founded by Nicholas Keith Arthur Jones in 1995 and is headquartered in London, the United Kingdom.