Brokerages Set Choice Hotels International, Inc. (NYSE:CHH) PT at $127.25

Choice Hotels International, Inc. (NYSE:CHH) has been given an average rating of “Reduce” by the eleven analysts that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $125.64.

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Choice Hotels International in a research report on Wednesday, September 18th. They set a “sell” rating and a $105.00 price target for the company. Truist Financial lowered their target price on shares of Choice Hotels International from $144.00 to $134.00 and set a “hold” rating for the company in a report on Wednesday, September 4th. Robert W. Baird cut their price target on Choice Hotels International from $137.00 to $134.00 and set an “outperform” rating on the stock in a research note on Monday, August 12th. UBS Group lowered their price objective on Choice Hotels International from $126.00 to $125.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Finally, Susquehanna assumed coverage on Choice Hotels International in a research note on Friday, June 21st. They issued a “neutral” rating and a $125.00 target price on the stock.

Choice Hotels International Price Performance

CHH opened at $130.41 on Tuesday. The stock’s 50 day moving average price is $125.87 and its 200-day moving average price is $122.05. Choice Hotels International has a 52-week low of $108.91 and a 52-week high of $134.44. The stock has a market capitalization of $6.28 billion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 2.17 and a beta of 1.25. The company has a debt-to-equity ratio of 177.75, a quick ratio of 0.99 and a current ratio of 0.99.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings data on Thursday, August 8th. The company reported $1.84 EPS for the quarter, missing the consensus estimate of $1.86 by ($0.02). Choice Hotels International had a negative return on equity of 3,953.67% and a net margin of 15.42%. The company had revenue of $435.20 million during the quarter, compared to the consensus estimate of $438.29 million. During the same quarter last year, the company posted $1.75 earnings per share. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. On average, equities research analysts predict that Choice Hotels International will post 6.38 EPS for the current year.

Choice Hotels International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 16th. Investors of record on Tuesday, October 1st will be given a dividend of $0.2875 per share. The ex-dividend date is Tuesday, October 1st. This represents a $1.15 dividend on an annualized basis and a yield of 0.88%. Choice Hotels International’s dividend payout ratio (DPR) is 24.68%.

Insider Transactions at Choice Hotels International

In related news, SVP Simone Wu sold 7,840 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $130.08, for a total transaction of $1,019,827.20. Following the completion of the sale, the senior vice president now owns 45,669 shares in the company, valued at $5,940,623.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Choice Hotels International news, SVP Simone Wu sold 7,840 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $130.08, for a total transaction of $1,019,827.20. Following the completion of the sale, the senior vice president now directly owns 45,669 shares of the company’s stock, valued at $5,940,623.52. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Patrick Pacious sold 10,025 shares of Choice Hotels International stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $120.37, for a total transaction of $1,206,709.25. Following the transaction, the chief executive officer now owns 404,666 shares in the company, valued at approximately $48,709,646.42. The disclosure for this sale can be found here. Insiders have sold a total of 44,241 shares of company stock worth $5,517,383 in the last ninety days. Insiders own 24.02% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC purchased a new stake in Choice Hotels International in the 2nd quarter worth approximately $1,502,000. William B. Walkup & Associates Inc. purchased a new stake in shares of Choice Hotels International in the second quarter worth $799,000. Algert Global LLC bought a new stake in shares of Choice Hotels International during the 2nd quarter valued at $387,000. Sepio Capital LP lifted its stake in shares of Choice Hotels International by 4.2% during the 2nd quarter. Sepio Capital LP now owns 10,844 shares of the company’s stock valued at $1,290,000 after buying an additional 433 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC boosted its holdings in Choice Hotels International by 106.1% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 8,403 shares of the company’s stock worth $1,000,000 after buying an additional 4,326 shares during the period. 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.