Choice Hotels International (NYSE:CHH) Price Target Raised to $118.00

Choice Hotels International (NYSE:CHH) had its target price boosted by equities researchers at JPMorgan Chase & Co. from $116.00 to $118.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 8.49% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Choice Hotels International in a report on Tuesday, July 7th. Wells Fargo & Company raised their price objective on Choice Hotels International from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Morgan Stanley dropped their target price on Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Truist Financial reduced their target price on Choice Hotels International from $129.00 to $128.00 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. Finally, Barclays increased their price target on Choice Hotels International from $100.00 to $101.00 and gave the company an “underweight” rating in a research note on Monday. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $111.00.

Choice Hotels International Stock Down 1.1%

Shares of NYSE:CHH traded down $1.19 during trading on Tuesday, reaching $108.77. The stock had a trading volume of 80,593 shares, compared to its average volume of 664,809. The firm’s 50-day simple moving average is $110.32 and its 200 day simple moving average is $107.67. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 14.58. Choice Hotels International has a one year low of $84.04 and a one year high of $136.45. The company has a market capitalization of $4.95 billion, a P/E ratio of 14.63, a PEG ratio of 5.35 and a beta of 0.67.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.07 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.28). Choice Hotels International had a return on equity of 281.98% and a net margin of 21.55%.The firm had revenue of $340.57 million for the quarter, compared to the consensus estimate of $333.48 million. During the same quarter last year, the firm earned $1.34 EPS. The company’s revenue was up 2.3% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, research analysts expect that Choice Hotels International will post 7.11 EPS for the current fiscal year.

Insider Buying and Selling at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $110.00, for a total value of $220,000.00. Following the completion of the transaction, the chief financial officer directly owned 35,172 shares in the company, valued at $3,868,920. This trade represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 23.87% of the company’s stock.

Institutional Investors Weigh In On Choice Hotels International

A number of large investors have recently bought and sold shares of CHH. Bamco Inc. NY grew its position in Choice Hotels International by 37.8% during the 4th quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock worth $703,645,000 after purchasing an additional 2,026,679 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Choice Hotels International by 151.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 512,628 shares of the company’s stock valued at $48,833,000 after buying an additional 308,771 shares during the period. Norges Bank acquired a new position in shares of Choice Hotels International in the 4th quarter valued at about $28,910,000. Wellington Management Group LLP boosted 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 buying an additional 204,146 shares during the last quarter. Finally, Tudor Investment Corp ET AL boosted its stake in shares of Choice Hotels International by 208.1% in the fourth quarter. Tudor Investment Corp ET AL now owns 280,513 shares of the company’s stock worth $26,722,000 after buying an additional 189,464 shares during the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

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.