Choice Hotels International, Inc. (NYSE:CHH) has earned an average recommendation of “Hold” from the ten research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $66.71.

A number of research analysts recently weighed in on CHH shares. BidaskClub lowered Choice Hotels International from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. Zacks Investment Research raised Choice Hotels International from a “hold” rating to a “buy” rating and set a $76.00 price objective on the stock in a report on Tuesday, October 17th. TheStreet raised Choice Hotels International from a “c+” rating to a “b” rating in a report on Wednesday, October 18th. Barclays upped their price objective on Choice Hotels International from $60.00 to $67.00 and gave the stock an “underweight” rating in a report on Tuesday, November 7th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $71.00 price objective on shares of Choice Hotels International in a report on Friday, November 10th.

In other Choice Hotels International news, major shareholder Bruce Bainum sold 250,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $74.05, for a total transaction of $18,512,500.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 22.01% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Choice Hotels International by 10.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,611 shares of the company’s stock worth $104,000 after purchasing an additional 157 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Choice Hotels International by 6.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,651 shares of the company’s stock worth $106,000 after purchasing an additional 106 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Choice Hotels International during the second quarter worth $108,000. New York State Teachers Retirement System purchased a new stake in Choice Hotels International during the third quarter worth $192,000. Finally, Magnetar Financial LLC purchased a new stake in Choice Hotels International during the third quarter worth $202,000. Institutional investors own 50.83% of the company’s stock.

Choice Hotels International (NYSE:CHH) traded up $0.25 during trading hours on Friday, hitting $78.05. The stock had a trading volume of 336,500 shares, compared to its average volume of 198,858. The firm has a market capitalization of $4,403.00, a price-to-earnings ratio of 27.69, a P/E/G ratio of 3.20 and a beta of 1.17. The company has a debt-to-equity ratio of -3.99, a quick ratio of 1.67 and a current ratio of 1.67. Choice Hotels International has a 1-year low of $53.40 and a 1-year high of $79.80.

Choice Hotels International (NYSE:CHH) last released its earnings results on Monday, November 6th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.03. The business had revenue of $295.09 million for the quarter, compared to analyst estimates of $288.50 million. Choice Hotels International had a negative return on equity of 60.41% and a net margin of 15.66%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 earnings per share. analysts expect that Choice Hotels International will post 2.89 earnings per share for the current fiscal year.

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About Choice Hotels International

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.

Analyst Recommendations for Choice Hotels International (NYSE:CHH)

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