JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Choice Hotels International (NYSE:CHH) Stock

Choice Hotels International (NYSE:CHH) had its target price hoisted by stock analysts at JPMorgan Chase & Co. from $95.00 to $102.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 1.03% from the stock’s previous close.

Other analysts also recently issued reports about the company. UBS Group dropped their price objective on Choice Hotels International from $120.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday, January 7th. The Goldman Sachs Group increased their target price on shares of Choice Hotels International from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday. Susquehanna cut their price target on shares of Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Truist Financial set a $126.00 price objective on shares of Choice Hotels International and gave the stock a “buy” rating in a research note on Friday, January 9th. Finally, Barclays dropped their price objective on shares of Choice Hotels International from $99.00 to $98.00 and set an “underweight” rating for the company in a research report on Friday, January 16th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $109.15.

Choice Hotels International Trading Down 0.8%

Shares of NYSE CHH traded down $0.82 on Tuesday, reaching $100.97. 277,567 shares of the company traded hands, compared to its average volume of 796,138. The stock has a market capitalization of $4.67 billion, a PE ratio of 12.39, a P/E/G ratio of 8.26 and a beta of 0.77. Choice Hotels International has a fifty-two week low of $84.04 and a fifty-two week high of $157.86. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 12.81. The company has a 50 day moving average of $97.68 and a 200 day moving average of $105.83.

Choice Hotels International (NYSE:CHH) last released its earnings results 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 during the quarter, compared to analyst estimates of $419.75 million. During the same period in the prior year, the business posted $2.23 earnings per share. 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, equities research analysts forecast that Choice Hotels International will post 7.07 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Choice Hotels International

Large investors have recently bought and sold shares of the business. Kilter Group LLC bought a new position in shares of Choice Hotels International in the second quarter worth $25,000. Eagle Bay Advisors LLC acquired a new position in Choice Hotels International during the 4th quarter valued at about $28,000. Whittier Trust Co. increased its stake in shares of Choice Hotels International by 138.5% during the second quarter. Whittier Trust Co. now owns 291 shares of the company’s stock valued at $37,000 after acquiring an additional 169 shares during the period. Fifth Third Bancorp raised its holdings in Choice Hotels International by 77.4% during the fourth quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock worth $37,000 after purchasing an additional 171 shares in the last quarter. Finally, Quarry LP acquired a new stake in Choice Hotels International in the third quarter worth approximately $38,000. Institutional investors own 65.57% of the company’s stock.

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.