Argus Reaffirms “Hold” Rating for Choice Hotels International (NYSE:CHH)

Choice Hotels International (NYSE:CHH)‘s stock had its “hold” rating reiterated by investment analysts at Argus in a research note issued to investors on Tuesday, MarketBeat.com reports.

A number of other equities analysts also recently issued reports on CHH. Bank of America downgraded Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price target on the stock. in a research report on Monday, September 29th. Truist Financial dropped their target price on shares of Choice Hotels International from $128.00 to $111.00 and set a “hold” rating on the stock in a report on Thursday, December 4th. Barclays cut their target price on shares of Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating on the stock in a research report on Friday, November 7th. Wells Fargo & Company started coverage on shares of Choice Hotels International in a research report on Tuesday, November 18th. They issued an “underweight” rating and a $84.00 price target for the company. Finally, Susquehanna cut their price objective on shares of Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Two investment 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. According to data from MarketBeat.com, Choice Hotels International currently has an average rating of “Reduce” and a consensus target price of $106.15.

Choice Hotels International Price Performance

Choice Hotels International stock opened at $95.35 on Tuesday. The company has a debt-to-equity ratio of 12.81, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market cap of $4.41 billion, a price-to-earnings ratio of 11.71, a price-to-earnings-growth ratio of 7.62 and a beta of 0.79. The firm has a 50-day moving average of $93.96 and a two-hundred day moving average of $112.13. Choice Hotels International has a 1 year low of $84.04 and a 1 year high of $157.86.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Kilter Group LLC purchased a new position in Choice Hotels International during the second quarter valued at approximately $25,000. Whittier Trust Co. grew its position in Choice Hotels International by 138.5% during the second quarter. Whittier Trust Co. now owns 291 shares of the company’s stock valued at $37,000 after buying an additional 169 shares during the period. Toth Financial Advisory Corp acquired a new stake in Choice Hotels International during the second quarter valued at $38,000. Quarry LP purchased a new position in Choice Hotels International in the third quarter valued at $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Choice Hotels International by 119.1% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock valued at $49,000 after buying an additional 212 shares in the last quarter. 65.57% of the stock is owned by institutional investors and hedge funds.

About Choice Hotels International

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.