Choice Hotels International (NYSE:CHH) Price Target Raised to $115.00

Choice Hotels International (NYSE:CHH) had its price objective lifted by Susquehanna from $95.00 to $115.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna’s price objective would indicate a potential downside of 2.15% from the stock’s previous close.

Several other research firms also recently weighed in on CHH. Jefferies Financial Group downgraded shares of Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings raised shares of Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 9th. The Goldman Sachs Group lifted their price target on shares of Choice Hotels International from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Barclays lifted their price target on shares of Choice Hotels International from $101.00 to $112.00 and gave the company an “underweight” rating in a research note on Thursday, April 16th. Finally, Truist Financial lifted their price objective on shares of Choice Hotels International from $126.00 to $129.00 and gave the company a “buy” rating in a report on Thursday, March 26th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $112.25.

Choice Hotels International Price Performance

Shares of NYSE CHH opened at $117.53 on Thursday. Choice Hotels International has a twelve month low of $84.04 and a twelve month high of $136.45. The firm has a fifty day simple moving average of $106.13 and a 200 day simple moving average of $100.84. The company has a market capitalization of $5.40 billion, a PE ratio of 14.84, a P/E/G ratio of 5.34 and a beta of 0.74. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 10.52.

Choice Hotels International (NYSE:CHH) last announced its earnings results on Thursday, February 19th. The company reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. The business had revenue of $390.15 million during the quarter, compared to the consensus estimate of $369.26 million. During the same quarter last year, the firm earned $1.55 earnings per share. Choice Hotels International’s quarterly revenue was up .0% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, sell-side analysts forecast that Choice Hotels International will post 7.22 EPS for the current year.

Insider Activity

In related news, CFO Scott E. Oaksmith sold 1,603 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $100.00, for a total transaction of $160,300.00. Following the transaction, the chief financial officer directly owned 37,172 shares in the company, valued at approximately $3,717,200. The trade was a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Simone Wu sold 8,080 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $101.56, for a total transaction of $820,604.80. Following the transaction, the senior vice president owned 48,803 shares in the company, valued at approximately $4,956,432.68. This trade represents a 14.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 10,283 shares of company stock worth $1,040,947. 23.78% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bamco Inc. NY grew its position in shares of Choice Hotels International by 37.8% during the 4th quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock valued at $703,645,000 after acquiring an additional 2,026,679 shares during the period. Goldman Sachs Group Inc. increased its position in Choice Hotels International by 151.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 512,628 shares of the company’s stock worth $48,833,000 after buying an additional 308,771 shares during the last quarter. Norges Bank purchased a new stake in Choice Hotels International in the fourth quarter worth $28,910,000. Wellington Management Group LLP increased its position in Choice Hotels International by 55.1% in the fourth quarter. Wellington Management Group LLP now owns 574,630 shares of the company’s stock worth $54,739,000 after buying an additional 204,146 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its position in Choice Hotels International by 208.1% in the fourth quarter. Tudor Investment Corp ET AL now owns 280,513 shares of the company’s stock worth $26,722,000 after buying an additional 189,464 shares during the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

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.