Choice Hotels International (NYSE:CHH – Get Free Report) had its target price raised by analysts at Susquehanna from $110.00 to $115.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Susquehanna’s price target would indicate a potential upside of 12.25% from the stock’s current price.
A number of other equities analysts have also issued reports on the stock. Barclays boosted their target price on shares of Choice Hotels International from $101.00 to $102.00 and gave the stock an “underweight” rating in a research report on Thursday. JPMorgan Chase & Co. increased their price target on shares of Choice Hotels International from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Wells Fargo & Company raised their price target on shares of Choice Hotels International from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Truist Financial dropped their price objective on shares of Choice Hotels International from $129.00 to $128.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $124.00 price objective on shares of Choice Hotels International in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $112.33.
View Our Latest Report on Choice Hotels International
Choice Hotels International Stock Performance
Choice Hotels International (NYSE:CHH – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.05. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.The company had revenue of $440.76 million during the quarter, compared to analyst estimates of $436.48 million. During the same period in the previous year, the company earned $1.92 earnings per share. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. On average, equities analysts forecast that Choice Hotels International will post 7.03 earnings per share for the current year.
Insider Activity at Choice Hotels International
In other news, CFO Scott E. Oaksmith sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $110.00, for a total transaction of $220,000.00. Following the completion of the transaction, the chief financial officer directly owned 35,172 shares of the company’s stock, valued at approximately $3,868,920. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 23.87% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Eurizon Capital SGR S.p.A. bought a new position in Choice Hotels International during the fourth quarter worth about $27,000. Eagle Bay Advisors LLC bought a new stake in shares of Choice Hotels International in the 4th quarter valued at approximately $28,000. Quarry LP acquired a new position in shares of Choice Hotels International in the 3rd quarter worth approximately $38,000. Hanson & Doremus Investment Management acquired a new position in shares of Choice Hotels International in the 1st quarter worth approximately $39,000. Finally, UMB Bank n.a. lifted its position in shares of Choice Hotels International by 6,416.7% during the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $37,000 after buying an additional 385 shares during the period. 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.
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