Choice Hotels International (NYSE:CHH) PT Set at $126.00 by Truist Financial

Choice Hotels International (NYSE:CHH) received a $126.00 price objective from stock analysts at Truist Financial in a research report issued to clients and investors on Friday, Marketbeat reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price objective indicates a potential upside of 16.49% from the stock’s previous close.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. raised Choice Hotels International from an “underweight” rating to a “neutral” rating and cut their price objective for the company from $102.00 to $95.00 in a research report on Friday, December 12th. Barclays decreased their target price on Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating for the company in a research report on Friday, November 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Choice Hotels International in a report on Thursday, October 30th. Wells Fargo & Company started coverage on Choice Hotels International in a research report on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price target on the stock. Finally, Robert W. Baird decreased their price target on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating for the company in a report on Tuesday, November 18th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $109.08.

Choice Hotels International Trading Up 2.5%

NYSE CHH opened at $108.17 on Friday. The firm has a market capitalization of $5.00 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 8.54 and a beta of 0.77. The company has a debt-to-equity ratio of 12.81, a quick ratio of 0.96 and a current ratio of 0.96. Choice Hotels International has a one year low of $84.04 and a one year high of $157.86. The company’s 50 day moving average price is $93.95 and its 200 day moving average price is $108.84.

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

Hedge Funds Weigh In On Choice Hotels International

Several institutional investors and hedge funds have recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. acquired a new stake in Choice Hotels International in the first quarter valued at $324,000. Goldman Sachs Group Inc. increased its position in shares of Choice Hotels International by 13.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 110,031 shares of the company’s stock worth $14,610,000 after purchasing an additional 12,904 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Choice Hotels International by 8.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 108,512 shares of the company’s stock worth $14,408,000 after purchasing an additional 8,887 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Choice Hotels International by 89.8% in the 1st quarter. Jane Street Group LLC now owns 50,138 shares of the company’s stock valued at $6,657,000 after purchasing an additional 23,726 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Choice Hotels International by 119.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock worth $49,000 after purchasing an additional 212 shares during the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

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.