Choice Hotels International (NYSE:CHH) Reaches New 12-Month Low – Should You Sell?

Choice Hotels International, Inc. (NYSE:CHHGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $86.42 and last traded at $86.77, with a volume of 498401 shares changing hands. The stock had previously closed at $87.86.

Analyst Ratings Changes

CHH has been the subject of several research analyst reports. Wells Fargo & Company initiated coverage on Choice Hotels International in a research report on Tuesday, November 18th. They issued an “underweight” rating and a $84.00 price objective for the company. Barclays reduced their price target on shares of Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating for the company in a report on Friday, November 7th. Argus dropped their price objective on shares of Choice Hotels International from $140.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, November 7th. 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 research report on Wednesday, November 26th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Choice Hotels International in a report on Thursday, October 30th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $114.54.

Check Out Our Latest Report on CHH

Choice Hotels International Stock Performance

The company’s fifty day simple moving average is $96.89 and its 200 day simple moving average is $114.76. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 12.81. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 10.56, a P/E/G ratio of 7.52 and a beta of 0.79.

Choice Hotels International (NYSE:CHHGet Free Report) last issued 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 company had revenue of $278.00 million for the quarter, compared to analyst estimates of $419.75 million. During the same quarter last year, the business earned $2.23 earnings per share. The company’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, equities research analysts expect that Choice Hotels International, Inc. will post 7.07 earnings per share for the current year.

Choice Hotels International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Wednesday, October 1st were given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, October 1st. Choice Hotels International’s payout ratio is presently 14.13%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Kilter Group LLC acquired a new position in Choice Hotels International in the 2nd quarter valued at $25,000. Whittier Trust Co. boosted its position in Choice Hotels International by 138.5% in 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 in the last quarter. Toth Financial Advisory Corp bought a new stake in shares of Choice Hotels International during the second quarter worth $38,000. Quarry LP acquired a new position in shares of Choice Hotels International during the third quarter worth $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position 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 purchasing an additional 212 shares during the last quarter. 65.57% of the stock is owned by institutional investors.

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.

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