Choice Hotels International (NYSE:CHH – Get Rating) announced its quarterly earnings results on Thursday. The company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.04), Briefing.com reports. The firm had revenue of $367.80 million during the quarter, compared to the consensus estimate of $322.24 million. Choice Hotels International had a net margin of 28.72% and a return on equity of 92.23%. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.22 EPS.
Choice Hotels International Stock Performance
Shares of CHH stock traded down $2.54 during trading hours on Friday, reaching $111.78. 490,750 shares of the company’s stock were exchanged, compared to its average volume of 263,850. Choice Hotels International has a fifty-two week low of $108.70 and a fifty-two week high of $157.46. The stock has a market capitalization of $6.23 billion, a P/E ratio of 17.71, a P/E/G ratio of 2.52 and a beta of 1.32. The business has a fifty day moving average price of $118.14 and a 200-day moving average price of $131.69. The company has a quick ratio of 1.40, a current ratio of 1.69 and a debt-to-equity ratio of 2.03.
Choice Hotels International Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 14th. Stockholders of record on Friday, July 1st were issued a dividend of $0.2375 per share. The ex-dividend date was Thursday, June 30th. This represents a $0.95 dividend on an annualized basis and a dividend yield of 0.85%. Choice Hotels International’s dividend payout ratio (DPR) is presently 15.06%.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the company. UBS Group cut Choice Hotels International from a “buy” rating to a “neutral” rating and lowered their price target for the company from $167.00 to $124.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft decreased their target price on Choice Hotels International from $131.00 to $128.00 in a research report on Wednesday, May 11th. Robert W. Baird decreased their target price on Choice Hotels International from $138.00 to $133.00 and set a “neutral” rating for the company in a research report on Tuesday, June 14th. Barclays upped their target price on Choice Hotels International from $107.00 to $108.00 and gave the stock an “underweight” rating in a research report on Friday. Finally, StockNews.com cut Choice Hotels International from a “buy” rating to a “hold” rating in a research report on Monday, May 23rd. Two equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $131.44.
Choice Hotels International Company Profile
Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. The company operates in Hotel Franchising and Corporate & Other segments. It franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection.
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