Choice Hotels International (NYSE:CHH) Given New $129.00 Price Target at Truist Financial

Choice Hotels International (NYSE:CHH) had its target price lifted by research analysts at Truist Financial from $126.00 to $129.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective points to a potential upside of 28.22% from the company’s current price.

A number of other equities research analysts also recently issued reports on CHH. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $119.00 price objective on shares of Choice Hotels International in a research report on Friday, February 20th. Jefferies Financial Group lowered Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Wells Fargo & Company raised their price target on Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 20th. The Goldman Sachs Group lifted their price target on Choice Hotels International from $90.00 to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Barclays boosted their price objective on Choice Hotels International from $98.00 to $101.00 and gave the stock an “underweight” rating in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $110.00.

Choice Hotels International Price Performance

NYSE:CHH traded up $1.23 during mid-day trading on Thursday, hitting $100.61. 51,770 shares of the stock traded hands, compared to its average volume of 684,528. The business’s 50-day moving average price is $104.33 and its 200 day moving average price is $100.79. The company has a market cap of $4.62 billion, a PE ratio of 12.72, a price-to-earnings-growth ratio of 4.40 and a beta of 0.75. Choice Hotels International has a 12-month low of $84.04 and a 12-month high of $136.45. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 10.52.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Thursday, February 19th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. The business had revenue of $390.15 million for the quarter, compared to analysts’ expectations of $369.26 million. During the same period in the prior year, the company posted $1.55 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, analysts expect that Choice Hotels International will post 7.07 EPS for the current fiscal year.

Insider Activity

In related news, CFO Scott E. Oaksmith sold 1,603 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $100.00, for a total transaction of $160,300.00. Following the transaction, the chief financial officer directly owned 37,172 shares of the company’s stock, valued at approximately $3,717,200. This trade represents a 4.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Simone Wu sold 8,080 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $101.56, for a total value of $820,604.80. Following the completion of the sale, the senior vice president owned 48,803 shares of the company’s stock, valued at $4,956,432.68. The trade was a 14.20% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 10,283 shares of company stock valued at $1,040,947. Corporate insiders own 23.78% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Bamco Inc. NY increased its position in shares of Choice Hotels International by 37.8% in the fourth quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock valued at $703,645,000 after acquiring an additional 2,026,679 shares during the period. Vanguard Group Inc. raised its stake in shares of Choice Hotels International by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 2,331,972 shares of the company’s stock valued at $222,144,000 after acquiring an additional 27,032 shares during the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Choice Hotels International by 8.4% during the third quarter. Boston Trust Walden Corp now owns 1,046,784 shares of the company’s stock worth $111,912,000 after purchasing an additional 81,132 shares during the period. Wellington Management Group LLP grew its stake in shares of Choice Hotels International by 55.1% in the fourth quarter. Wellington Management Group LLP now owns 574,630 shares of the company’s stock worth $54,739,000 after purchasing an additional 204,146 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Choice Hotels International by 151.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 512,628 shares of the company’s stock worth $48,833,000 after purchasing an additional 308,771 shares during the last quarter. 65.57% of the stock is owned by hedge funds and other institutional investors.

Choice Hotels International Company Profile

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.