Choice Hotels International (NYSE:CHH) Now Covered by Analysts at Freedom Broker

by · The Cerbat Gem

Investment analysts at Freedom Broker started coverage on shares of Choice Hotels International (NYSE:CHH – Get Free Report) in a research note issued to investors on Wednesday, Benzinga reports. The firm set a “buy” rating and a $117.00 price target on the stock. Freedom Broker’s price target would indicate a potential upside of 13.53% from the stock’s current price.

A number of other brokerages also recently commented on CHH. Robert W. Baird dropped their target price on shares of Choice Hotels International from $129.00 to $128.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 29th. Susquehanna lifted their price target on shares of Choice Hotels International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Wells Fargo & Company boosted their price target on Choice Hotels International from $98.00 to $99.00 and gave the company an “underweight” rating in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $124.00 price objective on shares of Choice Hotels International in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. increased their price objective on Choice Hotels International from $116.00 to $118.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Choice Hotels International currently has an average rating of “Hold” and a consensus target price of $113.08.

Read Our Latest Report on CHH

Choice Hotels International Trading Down 0.8%

Shares of NYSE CHH traded down $0.82 during mid-day trading on Wednesday, reaching $103.06. The company had a trading volume of 181,003 shares, compared to its average volume of 625,731. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 2.61 and a beta of 0.71. Choice Hotels International has a 52 week low of $84.04 and a 52 week high of $123.82. The business’s 50-day moving average is $103.28 and its 200-day moving average is $107.93. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 14.08.

Choice Hotels International (NYSE:CHH – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The company had revenue of $440.76 million during the quarter, compared to analyst estimates of $436.48 million. During the same quarter last year, the business posted $1.92 EPS. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. Equities analysts expect that Choice Hotels International will post 6.97 earnings per share for the current year.

Insiders Place Their Bets

In other Choice Hotels International news, Director William Jews sold 5,057 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total transaction of $540,997.86. Following the transaction, the director directly owned 23,987 shares in the company, valued at $2,566,129.26. This represents a 17.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 23.87% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CHH. Versant Capital Management Inc raised its holdings in shares of Choice Hotels International by 445.2% in the 3rd quarter. Versant Capital Management Inc now owns 398 shares of the company’s stock valued at $41,000 after purchasing an additional 325 shares in the last quarter. Nykredit A S bought a new position in shares of Choice Hotels International during the second quarter valued at approximately $146,000. Corient Private Wealth LP boosted its stake in shares of Choice Hotels International by 8.0% during the second quarter. Corient Private Wealth LP now owns 13,461 shares of the company’s stock valued at $1,484,000 after purchasing an additional 995 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Choice Hotels International during the second quarter valued at approximately $584,000. Finally, AlphaGrep UK Ltd purchased a new position in Choice Hotels International during the second quarter valued at approximately $361,000. Hedge funds and other institutional investors own 65.57% of the company’s stock.

About Choice Hotels International

(Get Free Report)

Choice Hotels International, Inc is a hospitality company that franchises and manages a broad portfolio of hotels and lodging properties. Its brand portfolio spans economy, midscale, upscale and extended-stay segments, including Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, MainStay Suites, Suburban Studios, Everhome Suites and WoodSpring Suites.

The company primarily supports independent hotel owners and franchisees through brand standards, reservations, marketing, technology, loyalty programs and operational resources.

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