Choice Hotels International (NYSE:CHH – Get Free Report) had its price target decreased by analysts at Morgan Stanley from $91.00 to $83.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Morgan Stanley’s price objective indicates a potential downside of 15.84% from the company’s previous close.
A number of other equities research analysts also recently issued reports on the company. The Goldman Sachs Group increased their price objective on Choice Hotels International from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Susquehanna decreased their price objective on shares of Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Truist Financial set a $126.00 target price on shares of Choice Hotels International and gave the company a “buy” rating in a research note on Friday, January 9th. Robert W. Baird lowered their price objective on shares of Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 18th. Finally, JPMorgan Chase & Co. lifted their price target on Choice Hotels International from $95.00 to $102.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $111.36.
Choice Hotels International Stock Performance
Choice Hotels International (NYSE:CHH – Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. The firm had revenue of $390.15 million for the quarter, compared to the consensus estimate of $369.26 million. During the same period in the prior year, the firm posted $1.55 earnings per share. The company’s revenue for the quarter was up .0% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, sell-side analysts forecast that Choice Hotels International will post 7.07 earnings per share for the current year.
Insiders Place Their Bets
In related news, SVP Simone Wu sold 8,080 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $101.56, for a total transaction of $820,604.80. Following the transaction, the senior vice president directly owned 48,803 shares in the company, valued at $4,956,432.68. This trade represents a 14.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 24.02% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in CHH. Teza Capital Management LLC lifted its holdings in shares of Choice Hotels International by 5.0% during the second quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock valued at $260,000 after purchasing an additional 98 shares during the last quarter. Claret Asset Management Corp boosted its position in shares of Choice Hotels International by 6.6% in the 2nd quarter. Claret Asset Management Corp now owns 1,817 shares of the company’s stock worth $231,000 after purchasing an additional 112 shares in the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of Choice Hotels International by 1.2% in the 4th quarter. Atlantic Union Bankshares Corp now owns 9,174 shares of the company’s stock worth $874,000 after buying an additional 112 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Choice Hotels International by 0.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 12,626 shares of the company’s stock valued at $1,602,000 after buying an additional 112 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in Choice Hotels International by 77.4% during the 4th quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock valued at $37,000 after buying an additional 171 shares in the last quarter. 65.57% of the stock is owned by hedge funds and other institutional investors.
About Choice Hotels International
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.
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