Truist Financial Lowers Choice Hotels International (NYSE:CHH) Price Target to $128.00

Choice Hotels International (NYSE:CHH) had its price target decreased by equities researchers at Truist Financial from $129.00 to $128.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price target would indicate a potential upside of 11.86% from the stock’s current price.

Several other brokerages have also recently weighed in on CHH. Morgan Stanley decreased their price target on shares of Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating for the company in a research note on Tuesday, May 12th. Wells Fargo & Company raised their price target on shares of Choice Hotels International from $91.00 to $110.00 and gave the stock an “underweight” rating in a research note on Friday, February 20th. Susquehanna decreased their price target on shares of Choice Hotels International from $115.00 to $110.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Robert W. Baird set a $128.00 price target on shares of Choice Hotels International in a research note on Monday, May 11th. Finally, Barclays decreased their price target on shares of Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $111.67.

Choice Hotels International Stock Up 1.2%

NYSE CHH traded up $1.31 during trading hours on Tuesday, reaching $114.43. 212,884 shares of the company’s stock were exchanged, compared to its average volume of 663,547. The company’s 50-day moving average is $107.99 and its two-hundred day moving average is $102.60. Choice Hotels International has a one year low of $84.04 and a one year high of $136.45. The company has a debt-to-equity ratio of 14.58, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 2.08 and a beta of 0.65.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Thursday, April 30th. The company reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $340.58 million for the quarter, compared to the consensus estimate of $333.48 million. During the same period in the previous year, the company posted $1.34 earnings per share. Choice Hotels International’s revenue for the quarter 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. On average, analysts forecast that Choice Hotels International will post 7.13 EPS for the current fiscal year.

Insider Activity at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 1,603 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $100.00, for a total value of $160,300.00. Following the completion of the sale, the chief financial officer owned 37,172 shares of the company’s stock, valued at approximately $3,717,200. This represents a 4.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 23.78% of the company’s stock.

Institutional Investors Weigh In On Choice Hotels International

Several large investors have recently made changes to their positions in the stock. Teza Capital Management LLC boosted its holdings in shares of Choice Hotels International by 5.0% in the 2nd quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock valued at $260,000 after buying an additional 98 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Choice Hotels International by 2.4% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 4,243 shares of the company’s stock valued at $439,000 after buying an additional 100 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of Choice Hotels International by 1.2% in the 4th quarter. Atlantic Union Bankshares Corp now owns 9,174 shares of the company’s stock valued at $874,000 after buying an additional 112 shares during the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Choice Hotels International by 0.9% in the 2nd quarter. Treasurer of the State of North Carolina now owns 12,626 shares of the company’s stock valued at $1,602,000 after buying an additional 112 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Choice Hotels International by 10.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,661 shares of the company’s stock valued at $172,000 after buying an additional 161 shares during the last quarter. Institutional investors and hedge funds 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.