Choice Hotels International (NYSE:CHH) Price Target Raised to $91.00

Choice Hotels International (NYSE:CHH) had its price target increased by Morgan Stanley from $86.00 to $91.00 in a research report sent to investors on Tuesday morning, MarketBeat.com reports. Morgan Stanley currently has an underweight rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Wells Fargo & Company raised 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. JPMorgan Chase & Co. lifted their price target on Choice Hotels International from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Robert W. Baird set a $128.00 price target on Choice Hotels International in a research note on Monday, May 11th. Truist Financial dropped their price objective on Choice Hotels International from $129.00 to $128.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Choice Hotels International in a research report on Tuesday, July 7th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $112.75.

Choice Hotels International Trading Up 0.1%

Choice Hotels International stock opened at $109.33 on Tuesday. Choice Hotels International has a 12 month low of $84.04 and a 12 month high of $123.82. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08. The stock has a market cap of $4.92 billion, a P/E ratio of 15.44, a P/E/G ratio of 4.43 and a beta of 0.67. The company’s fifty day simple moving average is $109.98 and its 200-day simple moving average is $108.40.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.05. The business had revenue of $440.76 million during the quarter, compared to analyst estimates of $436.48 million. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.Choice Hotels International’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company earned $1.92 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, sell-side analysts forecast that Choice Hotels International will post 6.99 EPS for the current fiscal year.

Insider Buying and Selling

In other Choice Hotels International news, CFO Scott E. Oaksmith sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $110.00, for a total value of $220,000.00. Following the sale, the chief financial officer owned 35,172 shares of the company’s stock, valued at $3,868,920. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director William L. Jews sold 5,057 shares of Choice Hotels International stock in a transaction that occurred 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 directly 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 disclosure for this sale is available in the SEC filing. Company insiders own 23.87% of the company’s stock.

Hedge Funds Weigh In On Choice Hotels International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Eurizon Capital SGR S.p.A. acquired a new position in Choice Hotels International during the 4th quarter valued at $27,000. Fifth Third Bancorp grew its position in Choice Hotels International by 77.4% in the 4th quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock worth $37,000 after purchasing an additional 171 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of Choice Hotels International by 6,416.7% during the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $37,000 after purchasing an additional 385 shares during the period. Quarry LP bought a new position in shares of Choice Hotels International during the 3rd quarter worth about $38,000. Finally, Hanson & Doremus Investment Management bought a new position in shares of Choice Hotels International during the 1st quarter worth about $39,000. Institutional investors own 65.57% of the company’s stock.

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.