Choice Hotels International (NYSE:CHH) PT Set at $126.00 by Truist Financial

Choice Hotels International (NYSE:CHH) received a $126.00 price objective from stock analysts at Truist Financial in a research note issued to investors on Friday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Truist Financial’s target price would indicate a potential upside of 19.35% from the stock’s previous close.

A number of other brokerages have also recently commented on CHH. Argus reiterated a “hold” rating on shares of Choice Hotels International in a research note on Tuesday, December 16th. The Goldman Sachs Group lowered Choice Hotels International from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $124.00 to $90.00 in a report on Monday, December 15th. Bank of America cut shares of Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price objective for the company. in a research report on Monday, September 29th. Wells Fargo & Company started coverage on shares of Choice Hotels International in a report on Tuesday, November 18th. They set an “underweight” rating and a $84.00 target price for the company. Finally, Susquehanna reduced their price objective on Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $109.08.

Choice Hotels International Trading Up 3.8%

NYSE CHH opened at $105.57 on Friday. Choice Hotels International has a 52 week low of $84.04 and a 52 week high of $157.86. The company has a debt-to-equity ratio of 12.81, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s 50 day moving average price is $93.65 and its two-hundred day moving average price is $109.06. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 8.03 and a beta of 0.77.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.08). The business had revenue of $278.00 million during the quarter, compared to the consensus estimate of $419.75 million. Choice Hotels International had a return on equity of 9,081.29% and a net margin of 23.93%.The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.23 EPS. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. As a group, analysts anticipate that Choice Hotels International will post 7.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CHH. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Choice Hotels International during the 1st quarter worth approximately $324,000. Goldman Sachs Group Inc. lifted its holdings in shares of Choice Hotels International by 13.3% in the first quarter. Goldman Sachs Group Inc. now owns 110,031 shares of the company’s stock valued at $14,610,000 after purchasing an additional 12,904 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Choice Hotels International by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 108,512 shares of the company’s stock valued at $14,408,000 after acquiring an additional 8,887 shares in the last quarter. Jane Street Group LLC boosted its holdings in Choice Hotels International by 89.8% during the 1st quarter. Jane Street Group LLC now owns 50,138 shares of the company’s stock worth $6,657,000 after acquiring an additional 23,726 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Choice Hotels International by 119.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock valued at $49,000 after purchasing an additional 212 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

About Choice Hotels International

Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.

Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.