Choice Hotels International (NYSE:CHH) Lowered to “Hold” Rating by Jefferies Financial Group

Choice Hotels International (NYSE:CHH) was downgraded by Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. raised shares of Choice Hotels International from an “underweight” rating to a “neutral” rating and reduced their target price for the stock from $102.00 to $95.00 in a report on Friday, December 12th. 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. Argus restated a “hold” rating on shares of Choice Hotels International in a report on Tuesday, December 16th. Robert W. Baird cut their target price on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Finally, UBS Group decreased their price target on Choice Hotels International from $120.00 to $118.00 and set a “neutral” rating for the company in a research note on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $109.08.

Choice Hotels International Trading Up 1.3%

Shares of CHH stock opened at $108.39 on Monday. Choice Hotels International has a twelve month low of $84.04 and a twelve month high of $157.86. The stock’s fifty day simple moving average is $94.58 and its 200 day simple moving average is $108.44. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 12.81. The firm has a market capitalization of $5.02 billion, a P/E ratio of 13.32, a P/E/G ratio of 8.44 and a beta of 0.77.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Wednesday, November 5th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.08). The firm had revenue of $278.00 million during the quarter, compared to the consensus estimate of $419.75 million. Choice Hotels International had a net margin of 23.93% and a return on equity of 9,081.29%. Choice Hotels International’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.23 earnings per share. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. As a group, sell-side analysts predict that Choice Hotels International will post 7.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Choice Hotels International

Institutional investors and hedge funds have recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. bought a new stake in Choice Hotels International in the first quarter worth approximately $324,000. Goldman Sachs Group Inc. increased its stake in shares of Choice Hotels International by 13.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 110,031 shares of the company’s stock valued at $14,610,000 after acquiring an additional 12,904 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Choice Hotels International by 8.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 108,512 shares of the company’s stock valued at $14,408,000 after acquiring an additional 8,887 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Choice Hotels International by 89.8% during the 1st quarter. Jane Street Group LLC now owns 50,138 shares of the company’s stock valued at $6,657,000 after acquiring an additional 23,726 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in Choice Hotels International by 119.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock worth $49,000 after acquiring an additional 212 shares in the last quarter. 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.