1 week Ago By Defense World Staff
Choice Hotels International, Inc. ( NYSE:CHH – Get Free Report ) has received an average rating of “Reduce” from the eleven research firms that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has given a buy recommendation to the company.
The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $134.18. CHH has been the topic of several research analyst reports.
Truist Financial upped their price objective on Choice Hotels International from $134.00 to $136.00 and gave the company a “hold” rating in a research note on Wednesday, December 4th.
Barclays lifted their price objective on shares of Choice Hotels International from $123.00 to $129.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th.
Jefferies Financial Group lowered shares of Choice Hotels International from a “buy” rating to a “hold” rating and set a $150.00 price objective on the stock. in a research report on Wednesday, November 6th.
Susquehanna lifted their target price on shares of Choice Hotels International from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th.
Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Choice Hotels International from $113.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th.
View Our Latest Stock Analysis on CHH Insiders Place Their Bets Hedge Funds Weigh In On Choice Hotels International A number of institutional investors and hedge funds have recently modified their holdings of CHH. Kayne Anderson Rudnick Investment Management LLC increased its position in Choice Hotels International by 77.2% in the 2nd quarter.
Kayne Anderson Rudnick Investment Management LLC now owns 4,105,796 shares of the company’s stock valued at $488,590,000 after buying an additional 1,788,563 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Choice Hotels International by 4.1% in the second quarter.
Dimensional Fund Advisors LP now owns 675,142 shares of the company’s stock valued at $80,340,000 after acquiring an additional 26,289 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Choice Hotels International by 38.
5% during the third quarter. JPMorgan Chase & Co. now owns 402,293 shares of the company’s stock valued at $52,419,000 after acquiring an additional 111,903 shares in the last quarter.
Raymond James & Associates raised its position in shares of Choice Hotels International by 45.4% during the third quarter. Raymond James & Associates now owns 364,983 shares of the company’s stock worth $47,557,000 after purchasing an additional 113,951 shares during the period.
Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Choice Hotels International by 51.5% in the 2nd quarter.
Envestnet Asset Management Inc. now owns 266,950 shares of the company’s stock worth $31,767,000 after purchasing an additional 90,765 shares in the last quarter. 65.
57% of the stock is currently owned by institutional investors. Choice Hotels International Stock Performance Shares of Choice Hotels International stock opened at $141.98 on Thursday.
The company has a debt-to-equity ratio of 177.75, a current ratio of 0.71 and a quick ratio of 0.
71. The firm has a market cap of $6.66 billion, a price-to-earnings ratio of 27.
20, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23.
Choice Hotels International has a one year low of $108.91 and a one year high of $153.81.
The stock’s 50-day moving average is $144.64 and its 200-day moving average is $132.42.
Choice Hotels International ( NYSE:CHH – Get Free Report ) last announced its earnings results on Monday, November 4th. The company reported $2.23 EPS for the quarter, topping the consensus estimate of $1.
92 by $0.31. Choice Hotels International had a net margin of 16.
27% and a negative return on equity of 659.01%. The business had revenue of $428.
00 million during the quarter, compared to analysts’ expectations of $432.62 million. During the same quarter in the prior year, the company posted $1.
82 earnings per share. The firm’s revenue was up .6% on a year-over-year basis.
Equities analysts predict that Choice Hotels International will post 6.84 earnings per share for the current fiscal year. Choice Hotels International Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th.
Stockholders of record on Thursday, January 2nd will be issued a dividend of $0.2875 per share. This represents a $1.
15 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Thursday, January 2nd.
Choice Hotels International’s dividend payout ratio (DPR) is currently 22.03%. About Choice Hotels International ( Get Free Report 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. Featured Articles Five stocks we like better than Choice Hotels International Investing in Travel Stocks Benefits Work and Play: Investing in the Rise of Bleisure Travel Investing In Automotive Stocks Top Dividend Stocks to Buy Now as Bond Yields Could Lower Stock Trading Terms – Stock Terms Every Investor Needs to Know SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Choice Hotels International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Hotels International and related companies with MarketBeat.
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