Choice Hotels International (NYSE:CHH) receives a Neutral rating from Susquehanna analysts

Investment analysts at Susquehanna have begun covering the stock Choice Hotels International (NYSE:CHH – Get Free Report) in a report published on Friday, Briefing.com reports. The company set a “neutral” rating and $125.00 price target on the stock. Susquehanna’s price target suggests a potential upside of 6.57% from the current share price.

CHH has been the subject of numerous other reports. Barclays lowered their price target on Choice Hotels International from $122.00 to $114.00 and gave the company an “underweight” rating in a research report on Friday, April 19th. Truist Financial lowered their target price on Choice Hotels International from $146.00 to $144.00 and set a “hold” rating on the company in a report on Thursday, May 30. Robert W. Baird lowered their price target on Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Choice Hotels International from $128.00 to $112.00 and set a “hold” rating on the company in a research note on Thursday, May 9th. Finally, Jefferies Financial Group upgraded shares of Choice Hotels International from an underperform rating to a “buy” rating and raised their price target for the company from $96.00 to $156.00 in a research note on Monday, March 11th. Three analysts have rated the company with a sell rating, six analysts have rated the company with a hold rating, and three have given a buy rating to the company. According to MarketBeat data, the stock currently has a consensus rating of “Hold” and an average price target of $129.09.

View our latest Choice Hotels International stock report

Choice Hotels International Prices and Results

Choice Hotels International shares closed at $117.29 on Friday. The company’s stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 2.01, and a beta of 1.22. Choice Hotels International has a 52-week low of $108.91 and a 52-week high of $136.02. The company has a debt-to-equity ratio of 177.75, a quick ratio of 0.37 and a current ratio of 0.37. The stock’s 50-day moving average price is $116.83 and its two-hundred-day moving average price is $117.83.

Choice Hotels International (NYSE:CHH – Get Free Report) last released its earnings results on Wednesday, May 8th. The company reported $1.28 earnings per share (EPS) for the quarter, which topped the consensus estimate of $1.15 by $0.13. Choice Hotels International had a net margin of 15.34% and a return on equity of 748.46%. The company’s revenue for the quarter was $331.90 million, compared to analyst estimates of $343.04 million. During the same period last year, the company earned $1.12 per share. Choice Hotels International revenues declined 0.6% year-over-year. On average, stock analysts expect Choice Hotels International to post 6.44 earnings per share for the current year.

Confidential transactions at Choice Hotels International

In related news, whistleblower Robert J. Mcdowell sold 1,243 shares of Choice Hotels International stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $117.58 for a total transaction of $146,151.94. Following the sale, the insider now directly owns 38,502 shares of the company’s stock, valued at $4,527,065.16. The sale was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through this hyperlink. Company insiders own 24.02% of the company’s shares.

Institutional inflows and outflows

Many institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Choice Hotels International by 144.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company’s stock valued at $25,000 after acquiring an additional 117 shares during the period. Covestor Ltd increased its position in shares of Choice Hotels International by 163.2% during the first quarter. Covestor Ltd now owns 229 shares of the company’s stock worth US$29,000 after purchasing an additional 142 shares during the period. Vima LLC purchased a new position in shares of Choice Hotels International during the fourth quarter worth approximately $36,000. During the fourth quarter, Wetzel Investment Advisors Inc. purchased new shares of Choice Hotels International worth approximately $45,000. Finally, Primary Securities Inc. acquired a new stake in Choice Hotels International during the fourth quarter worth approximately $48,000. Hedge funds and other institutional investors hold 65.57% of the company’s shares.

About Choice Hotels International

(Get the free report)

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through the Franchise & Hotel Management and Corporate & Other segments. The company franchises accommodation facilities under the Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson brands. Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals and Radisson Collection.

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