Truist Financial Increases Choice Hotels International (NYSE:CHH) Price Target to $129.00

Choice Hotels International (NYSE:CHH) had its price target boosted by research analysts at Truist Financial from $126.00 to $129.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s target price would suggest a potential upside of 28.01% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group downgraded shares of Choice Hotels International from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Wells Fargo & Company boosted their target price on Choice Hotels International from $91.00 to $110.00 and gave the stock an “underweight” rating in a research report on Friday, February 20th. Argus reissued a “hold” rating on shares of Choice Hotels International in a research note on Tuesday, December 16th. JPMorgan Chase & Co. raised their price target on Choice Hotels International from $95.00 to $102.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Finally, Barclays lifted their price objective on Choice Hotels International from $98.00 to $101.00 and gave the stock an “underweight” rating in a research note on Friday, February 20th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $110.00.

Choice Hotels International Trading Down 0.8%

Choice Hotels International stock opened at $100.78 on Thursday. Choice Hotels International has a 1 year low of $84.04 and a 1 year high of $136.45. The firm’s 50 day moving average price is $104.02 and its 200-day moving average price is $100.70. The company has a debt-to-equity ratio of 10.52, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market cap of $4.63 billion, a P/E ratio of 12.72, a PEG ratio of 4.52 and a beta of 0.75.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Thursday, February 19th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.04. The company had revenue of $390.15 million during the quarter, compared to analysts’ expectations of $369.26 million. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. Choice Hotels International’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the company posted $1.55 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, equities analysts predict that Choice Hotels International will post 7.07 earnings per share for the current fiscal year.

Insider Transactions at Choice Hotels International

In related news, CFO Scott E. Oaksmith sold 1,603 shares of Choice Hotels International stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $100.00, for a total value of $160,300.00. Following the completion of the transaction, the chief financial officer owned 37,172 shares in the company, valued at approximately $3,717,200. This trade represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Simone Wu sold 8,080 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $101.56, for a total value of $820,604.80. Following the sale, the senior vice president directly owned 48,803 shares in the company, valued at $4,956,432.68. The trade was a 14.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 10,283 shares of company stock valued at $1,040,947. 23.78% of the stock is owned by insiders.

Institutional Trading of Choice Hotels International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Kilter Group LLC bought a new stake in Choice Hotels International in the second quarter worth $25,000. Eurizon Capital SGR S.p.A. bought a new position in Choice Hotels International during the fourth quarter valued at $27,000. Eagle Bay Advisors LLC purchased a new stake in shares of Choice Hotels International in the fourth quarter valued at $28,000. Fifth Third Bancorp raised its stake in shares of Choice Hotels International by 77.4% in the fourth quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock valued at $37,000 after acquiring an additional 171 shares during the period. Finally, UMB Bank n.a. lifted its holdings in shares of Choice Hotels International by 6,416.7% in the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $37,000 after acquiring an additional 385 shares during the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Choice Hotels International Company Profile

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.