Barclays Lowers Choice Hotels International (NYSE:CHH) Price Target to $99.00

Choice Hotels International (NYSE:CHH) had its target price reduced by research analysts at Barclays from $101.00 to $99.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Barclays‘s target price would indicate a potential downside of 1.92% from the company’s previous close.

A number of other research analysts also recently weighed in on CHH. Weiss Ratings reissued a “hold (c-)” rating on shares of Choice Hotels International in a report on Thursday, October 30th. UBS Group cut their price objective on shares of Choice Hotels International from $160.00 to $149.00 and set a “neutral” rating for the company in a research report on Thursday, July 10th. Morgan Stanley decreased their target price on Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating on the stock in a report on Wednesday, October 22nd. JPMorgan Chase & Co. upped their price target on Choice Hotels International from $99.00 to $102.00 and gave the stock an “underweight” rating in a research report on Thursday. Finally, Robert W. Baird cut their price objective on Choice Hotels International from $144.00 to $136.00 and set an “outperform” rating for the company in a research note on Friday, August 22nd. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $125.83.

Choice Hotels International Trading Up 0.6%

Choice Hotels International stock traded up $0.57 during trading hours on Friday, hitting $100.94. 150,240 shares of the stock traded hands, compared to its average volume of 444,642. The company has a market cap of $4.67 billion, a PE ratio of 15.54, a PEG ratio of 6.60 and a beta of 0.84. The firm’s 50-day moving average price is $105.28 and its two-hundred day moving average price is $119.40. Choice Hotels International has a one year low of $90.97 and a one year high of $157.86.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.08). Choice Hotels International had a net margin of 19.52% and a negative return on equity of 575.73%. The firm had revenue of $447.34 million for the quarter, compared to analysts’ expectations of $419.75 million. During the same period in the prior year, the business posted $2.23 EPS. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. On average, sell-side analysts expect that Choice Hotels International will post 7.07 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Choice Hotels International

Several large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. grew its stake in shares of Choice Hotels International by 23.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 434 shares of the company’s stock worth $55,000 after buying an additional 83 shares in the last quarter. Alliance Wealth Advisors LLC UT lifted its holdings in shares of Choice Hotels International by 2.2% in the 1st quarter. Alliance Wealth Advisors LLC UT now owns 4,367 shares of the company’s stock worth $580,000 after acquiring an additional 92 shares during the last quarter. Teza Capital Management LLC lifted its stake in Choice Hotels International by 5.0% in the second quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock worth $260,000 after purchasing an additional 98 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Choice Hotels International by 1.6% during the first quarter. Louisiana State Employees Retirement System now owns 6,300 shares of the company’s stock valued at $837,000 after acquiring an additional 100 shares in the last quarter. Finally, Malaga Cove Capital LLC grew its stake in Choice Hotels International by 5.4% in the second quarter. Malaga Cove Capital LLC now owns 1,955 shares of the company’s stock worth $248,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Company Profile

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.