Choice Hotels International Inc (NYSE:CHH) Receives Average Recommendation of “Hold” from Analysts

Shares of Choice Hotels International Inc (NYSE:CHH) have been given a consensus recommendation of “Hold” by the eleven research firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $87.60.

CHH has been the subject of a number of analyst reports. Bank of America upped their price objective on Choice Hotels International from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th. Robert W. Baird initiated coverage on Choice Hotels International in a research note on Thursday, August 22nd. They set an “outperform” rating and a $97.00 price objective for the company. ValuEngine upgraded Choice Hotels International from a “strong sell” rating to a “sell” rating in a research note on Friday, November 1st. Wells Fargo & Co decreased their price objective on Choice Hotels International from $90.00 to $88.00 and set a “market perform” rating for the company in a research note on Friday, October 18th. Finally, JPMorgan Chase & Co. upped their price objective on Choice Hotels International from $73.00 to $81.00 and gave the stock an “underweight” rating in a research note on Friday, September 6th.

Shares of CHH stock traded down $0.49 during mid-day trading on Friday, hitting $90.92. The stock had a trading volume of 318,642 shares, compared to its average volume of 306,862. The firm has a market capitalization of $5.01 billion, a P/E ratio of 23.37, a price-to-earnings-growth ratio of 2.70 and a beta of 0.92. Choice Hotels International has a 12-month low of $66.71 and a 12-month high of $94.78. The firm’s 50-day moving average is $88.36 and its two-hundred day moving average is $87.20.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $310.73 million during the quarter, compared to analysts’ expectations of $306.10 million. Choice Hotels International had a negative return on equity of 146.23% and a net margin of 19.43%. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.24 EPS. Sell-side analysts predict that Choice Hotels International will post 4.25 earnings per share for the current fiscal year.

The firm also recently announced a — dividend, which was paid on Thursday, October 17th. Investors of record on Wednesday, October 2nd were given a dividend of $0.215 per share. This represents a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, October 1st. Choice Hotels International’s dividend payout ratio is currently 22.11%.

In related news, insider Robert J. Mcdowell sold 11,585 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $88.37, for a total transaction of $1,023,766.45. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Patrick Cimerola sold 14,669 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $88.13, for a total value of $1,292,778.97. Following the transaction, the insider now directly owns 31,908 shares in the company, valued at $2,812,052.04. The disclosure for this sale can be found here. Insiders have sold a total of 31,878 shares of company stock worth $2,823,872 over the last ninety days. 24.90% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in CHH. Nisa Investment Advisors LLC increased its position in Choice Hotels International by 48.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,700 shares of the company’s stock valued at $583,000 after buying an additional 2,200 shares in the last quarter. Eqis Capital Management Inc. increased its position in Choice Hotels International by 2.9% during the 2nd quarter. Eqis Capital Management Inc. now owns 6,024 shares of the company’s stock valued at $524,000 after buying an additional 168 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Choice Hotels International by 1.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 12,597 shares of the company’s stock valued at $1,096,000 after buying an additional 231 shares in the last quarter. SG Americas Securities LLC increased its position in Choice Hotels International by 69.7% during the 2nd quarter. SG Americas Securities LLC now owns 6,195 shares of the company’s stock valued at $539,000 after buying an additional 2,545 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of Choice Hotels International by 26.6% in the second quarter. BNP Paribas Arbitrage SA now owns 2,550 shares of the company’s stock valued at $222,000 after purchasing an additional 535 shares during the period. 59.58% of the stock is currently owned by institutional investors.

Choice Hotels International Company Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Cambria Hotels, V8 Hotel Köln @Motorworld, Quality Hotel Ostrava, Hotel Aquarius Venice, and Ascend Hotel Collection.

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Analyst Recommendations for Choice Hotels International (NYSE:CHH)

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