Choice Hotels International (NYSE:CHH) Stock Price Target Lowered at Robert W. Baird

Choice Hotels International (NYSE:CHH) had its price objective cut by Robert W. Baird from $129.00 to $128.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s price objective indicates a potential upside of 24.48% from the stock’s previous close.

CHH has been the subject of several other research reports. Barclays increased their target price on shares of Choice Hotels International from $101.00 to $102.00 and gave the stock an “underweight” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $124.00 price objective on shares of Choice Hotels International in a research report on Thursday, August 6th. Wells Fargo & Company upped their price target on Choice Hotels International from $98.00 to $99.00 and gave the stock an “underweight” rating in a research note on Thursday, July 16th. UBS Group increased their price target on Choice Hotels International from $119.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, Truist Financial lifted their price objective on shares of Choice Hotels International from $128.00 to $129.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Choice Hotels International currently has a consensus rating of “Reduce” and a consensus price target of $112.67.

Choice Hotels International Trading Up 1.0%

NYSE:CHH opened at $102.83 on Tuesday. The company has a market capitalization of $4.63 billion, a PE ratio of 14.52, a P/E/G ratio of 2.57 and a beta of 0.66. Choice Hotels International has a 52-week low of $84.04 and a 52-week high of $123.82. The stock’s 50 day moving average price is $104.94 and its 200 day moving average price is $107.52. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08.

Choice Hotels International (NYSE:CHH) last announced its earnings results on Wednesday, August 5th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The business had revenue of $440.76 million for the quarter, compared to analysts’ expectations of $436.48 million. During the same period in the previous year, the company posted $1.92 EPS. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. On average, research analysts anticipate that Choice Hotels International will post 6.97 EPS for the current year.

Insiders Place Their Bets

In other Choice Hotels International news, Director William Jews sold 5,057 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $106.98, for a total value of $540,997.86. Following the completion of the transaction, the director owned 23,987 shares in the company, valued at approximately $2,566,129.26. This represents a 17.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 23.87% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Choice Hotels International

Several institutional investors have recently made changes to their positions in CHH. Eurizon Capital SGR S.p.A. acquired a new position in shares of Choice Hotels International during the 4th quarter worth $27,000. Hanson & Doremus Investment Management acquired a new stake in shares of Choice Hotels International in the first quarter valued at about $39,000. Bessemer Group Inc. lifted its stake in shares of Choice Hotels International by 485.9% in the first quarter. Bessemer Group Inc. now owns 539 shares of the company’s stock valued at $56,000 after purchasing an additional 447 shares during the period. GAMMA Investing LLC boosted its holdings in Choice Hotels International by 18.9% during the second quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after buying an additional 121 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in Choice Hotels International by 63.3% during the fourth quarter. Hantz Financial Services Inc. now owns 1,107 shares of the company’s stock worth $105,000 after buying an additional 429 shares in the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a hospitality company that franchises and manages a portfolio of hotels and lodging properties. Its brands serve a range of market segments, including economy, midscale, upscale and extended-stay accommodations. The company’s portfolio includes Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, Everhome Suites and WoodSpring Suites.

Choice Hotels primarily operates through a franchise model, providing hotel owners with brand licensing, reservation services, marketing, technology, loyalty-program support and other operational resources.