Choice Hotels International (NYSE: CHH) has recently received a number of price target changes and ratings updates:

  • 8/4/2017 – Choice Hotels International had its price target lowered by analysts at Barclays PLC from $61.00 to $60.00. They now have an “underweight” rating on the stock.
  • 8/4/2017 – Choice Hotels International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Choice Hotels Int’l. is one of the largest hotel franchise companies in the world with hotels, inns, all-suite hotels and resorts open and under development in countries across the globe under the brand names Comfort, Quality, Clarion, Sleep Inn, Rodeway Inn, Econo Lodge and MainStay Suites. “
  • 8/3/2017 – Choice Hotels International was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/3/2017 – Choice Hotels International had its price target lowered by analysts at Deutsche Bank AG from $68.00 to $66.00. They now have a “hold” rating on the stock.
  • 7/25/2017 – Choice Hotels International was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/5/2017 – Choice Hotels International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $72.00 price target on the stock. According to Zacks, “Choice Hotels Int’l. is one of the largest hotel franchise companies in the world with hotels, inns, all-suite hotels and resorts open and under development in countries across the globe under the brand names Comfort, Quality, Clarion, Sleep Inn, Rodeway Inn, Econo Lodge and MainStay Suites. “

Shares of Choice Hotels International, Inc. (NYSE:CHH) traded up 0.53% on Monday, reaching $62.98. 140,475 shares of the company were exchanged. Choice Hotels International, Inc. has a 12 month low of $43.70 and a 12 month high of $67.80. The stock has a 50 day moving average price of $64.85 and a 200-day moving average price of $62.35. The stock has a market capitalization of $3.54 billion, a P/E ratio of 23.27 and a beta of 1.11.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $276.80 million for the quarter, compared to the consensus estimate of $254.68 million. Choice Hotels International had a net margin of 16.11% and a negative return on equity of 48.80%. Choice Hotels International’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the company posted $0.71 EPS. On average, equities analysts expect that Choice Hotels International, Inc. will post $2.85 EPS for the current fiscal year.

In other Choice Hotels International news, CEO Stephen P. Joyce sold 44,116 shares of the firm’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of $62.88, for a total transaction of $2,774,014.08. Following the sale, the chief executive officer now directly owns 201,922 shares in the company, valued at approximately $12,696,855.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stephen P. Joyce sold 17,024 shares of the firm’s stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $63.02, for a total transaction of $1,072,852.48. Following the sale, the chief executive officer now owns 176,943 shares in the company, valued at $11,150,947.86. The disclosure for this sale can be found here. Company insiders own 22.01% of the company’s stock.

Choice Hotels International, Inc is a hotel franchisor. The Company’s segments include Hotel Franchising, SkyTouch Technology and Corporate & Other. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

Receive News & Ratings for Choice Hotels International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Hotels International Inc and related companies with MarketBeat.com's FREE daily email newsletter.