Choice Hotels International Inc (CHH) Given Average Recommendation of “Hold” by Analysts

Choice Hotels International Inc (NYSE:CHH) has received a consensus recommendation of “Hold” from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $80.75.

CHH has been the topic of several research analyst reports. ValuEngine raised shares of Choice Hotels International from a “hold” rating to a “buy” rating in a report on Saturday, September 22nd. TheStreet raised shares of Choice Hotels International from a “c+” rating to a “b-” rating in a report on Friday, September 28th. Zacks Investment Research cut shares of Choice Hotels International from a “hold” rating to a “sell” rating in a report on Friday, October 12th. JPMorgan Chase & Co. lowered their price target on shares of Choice Hotels International to $71.00 and set an “underweight” rating on the stock in a report on Friday, November 9th. Finally, Jefferies Financial Group set a $83.00 price target on shares of Choice Hotels International and gave the company a “hold” rating in a report on Friday, November 9th.

Shares of CHH stock traded up $0.48 on Friday, reaching $74.74. The stock had a trading volume of 264,721 shares, compared to its average volume of 293,353. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 2.07 and a beta of 1.05. Choice Hotels International has a 12 month low of $66.71 and a 12 month high of $85.35.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Thursday, November 8th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.08. The company had revenue of $291.50 million for the quarter, compared to analysts’ expectations of $321.69 million. Choice Hotels International had a net margin of 17.26% and a negative return on equity of 98.61%. Choice Hotels International’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.95 EPS. As a group, research analysts anticipate that Choice Hotels International will post 3.85 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 17th. Shareholders of record on Wednesday, January 2nd will be given a dividend of $0.215 per share. The ex-dividend date is Monday, December 31st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.15%. Choice Hotels International’s payout ratio is presently 29.86%.

Large investors have recently made changes to their positions in the business. McAdam LLC grew its position in shares of Choice Hotels International by 1,302.5% during the 3rd quarter. McAdam LLC now owns 2,819 shares of the company’s stock worth $230,000 after purchasing an additional 2,618 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Choice Hotels International during the 3rd quarter worth approximately $245,000. Marshall Wace North America L.P. acquired a new stake in shares of Choice Hotels International during the 3rd quarter worth approximately $295,000. Verition Fund Management LLC acquired a new stake in shares of Choice Hotels International during the 2nd quarter worth approximately $274,000. Finally, Janus Henderson Group PLC acquired a new stake in shares of Choice Hotels International during the 3rd quarter worth approximately $355,000. Hedge funds and other institutional investors own 56.27% of the company’s stock.

About Choice Hotels International

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. It operates through Hotel Franchising and SkyTouch Technology segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

Further Reading: Risk Tolerance

Analyst Recommendations for Choice Hotels International (NYSE:CHH)

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