Choice Hotels International, Inc. (NYSE: CHH – Free Report ) has been given a “Reduce” rating by the eight analysts that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average twelve-month average price among brokers that have sold their stock in the last year is $121.50.
Several research firms recently issued reports on CHH. Barclays lowered their target price on Choice Hotels International from $120.00 to $119.00 in a research note on Wednesday, May 10. TheStreet cut Choice Hotels International from a “b” rating to a “c+” rating in a report on Tuesday, May 9. Truist Financial raised their price target on the stock. Choice Hotels International from $120.00 to $132.00 and gave the stock a “hold” rating in a report on Friday, March 24. Morgan Stanley lowered their price target on Choice Hotels International from $134.00 to $127.00 in a report on Tuesday, June 27. Finally, Wells Fargo & Company downgraded the stock. on Choice Hotels International from $122.00 to $113.00 and set a “reduce” rating in a report on Thursday, March 30th.
Choice Hotels International Stock Performance
CHH stock opened at $117.52 on Friday. The company has market capitalization of $5.99 billion, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28. Choice Hotels International has a one year low of $104.15 and a one year high of $131.64. The company has a debt ratio of 29.25, a current ratio of 0.92 and a quick ratio of 0.92. The fifty-day moving average is $119.31 and the 200-day average is $119.21.
Choice Hotels International (NYSE:CHH – Free Report ) last released its quarterly earnings results on Tuesday, May 9. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.04. The company had revenue of $333.80 million for the quarter, compared to the consensus estimate of $320.43 million. Choice Hotels International had a profit margin of 129.67% with a margin of 21.50%. The company’s revenue for the quarter was up 29.5% year-over-year. During the same period last year, the business posted $1.03 EPS. On average, analysts forecast that Choice Hotels International will post 5.97 earnings per share for the current year.
Choice Hotels International announces dividend
The company also disclosed a quarterly dividend, which will be paid on Wednesday, July 19th. Stockholders of record on Wednesday, July 5th will be given a dividend of $0.287 per share. The latest trading day for the shares is Monday, July 3. The company paid $1.15 per share during the last period and the annual yield was 0.98 %. Choice Hotels International has paid with 19.83%.
Institutional Inflows and Outflows
Several institutional investors have recently changed their positions in the company. Vanguard Personalized Indexing Management LLC boosted its position in Choice Hotels International by 2.8% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 3,043 shares of the company’s stock worth $343,000 after acquiring an additional 82 shares in the last quarter. Neuberger Berman Group LLC boosted its position in Choice Hotels International by 4.1% in the fourth quarter. Neuberger Berman Group LLC now owns 2,796 shares of the company’s stock valued at $315,000 after acquiring an additional 109 shares in the last quarter. Opinions of the company Oppenheimer Asset Management Inc. grew its position in Choice Hotels International by 1.5% in the first quarter. Opinions of the company Oppenheimer Asset Management Inc. now owns 7,522 shares of the company’s stock valued at $882,000 after acquiring an additional 112 shares in the last quarter. US Bancorp DE boosted its position in Choice Hotels International by 4.3% in the first quarter. US Bancorp DE now owns 2,716 shares of the company’s stock valued at $385,000 after acquiring an additional 112 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in Choice Hotels International by 0.9% in the third quarter. Commonwealth Equity Services LLC now owns 13,319 shares of the company’s stock valued at $1,458,000 after acquiring an additional 124 shares in the last quarter. Hedge funds and other businesses own 60.62% of the company.
Company Profile for Choice Hotels International
Choice Hotels International, Inc. along with its subsidiaries, operates as a hotel franchisor. The company operates through Hotel Franchising & Management and Other segments. It sells accommodations under the names Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, Ascend Hotel. Collection, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.
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