Choice Hotels International (NYSE:CHH) Stock Gets Price Target Boost from JPMorgan Chase & Co.

Choice Hotels International (NYSE:CHH) had its price objective increased by JPMorgan Chase & Co. from $119.00 to $121.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 5.25% from the company’s previous close.

Other analysts also recently issued reports about the stock. Robert W. Baird reduced their target price on shares of Choice Hotels International from $129.00 to $128.00 and set an “outperform” rating on the stock in a report on Tuesday, September 29th. Truist Financial upped their target price 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. UBS Group boosted their price objective on Choice Hotels International from $119.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Mizuho began coverage on Choice Hotels International in a research report on Thursday, August 27th. They set a “neutral” rating and a $106.00 price objective on the stock. Finally, Freedom Broker began coverage on Choice Hotels International in a research report on Wednesday, October 14th. They set a “buy” rating and a $117.00 price objective on the stock. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $113.31.

Choice Hotels International Price Performance

Shares of CHH stock traded up $1.50 on Wednesday, reaching $114.96. The company’s stock had a trading volume of 50,025 shares, compared to its average volume of 622,346. The stock’s fifty day simple moving average is $103.44 and its 200-day simple moving average is $108.15. Choice Hotels International has a 1 year low of $84.04 and a 1 year high of $123.82. The company has a market capitalization of $5.17 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 2.77 and a beta of 0.71. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 14.08.

Choice Hotels International (NYSE:CHH) last released its quarterly earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share (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 company had revenue of $440.76 million for the quarter, compared to the consensus estimate of $436.48 million. During the same quarter in the prior year, the firm earned $1.92 earnings per share. Choice Hotels International’s 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. Analysts forecast that Choice Hotels International will post 6.97 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Dominic Dragisich sold 1,227 shares of the business’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $112.00, for a total transaction of $137,424.00. Following the completion of the sale, the chief executive officer directly owned 90,055 shares of the company’s stock, valued at approximately $10,086,160. The trade was a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William L. Jews sold 5,057 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total transaction of $540,997.86. Following the sale, the director directly owned 23,987 shares of the company’s stock, valued at $2,566,129.26. This represents a 17.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 23.87% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Hanson & Doremus Investment Management bought a new stake in Choice Hotels International during the 1st quarter valued at about $39,000. Versant Capital Management Inc boosted its position in Choice Hotels International by 445.2% in the 3rd quarter. Versant Capital Management Inc now owns 398 shares of the company’s stock valued at $41,000 after buying an additional 325 shares during the period. Bessemer Group Inc. grew its stake in Choice Hotels International by 485.9% in the 1st quarter. Bessemer Group Inc. now owns 539 shares of the company’s stock worth $56,000 after acquiring an additional 447 shares in the last quarter. GAMMA Investing LLC grew its stake in Choice Hotels International by 18.9% in the 2nd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after acquiring an additional 121 shares in the last quarter. Finally, Nykredit A S bought a new position in Choice Hotels International in the 2nd quarter worth about $146,000. Hedge funds and other institutional investors own 65.57% of the company’s stock.

About Choice Hotels International

Choice Hotels International, Inc is a global lodging franchisor that licenses its hotel brands to independent owners and operators. The company supports its franchisees through brand standards, reservation and distribution systems, marketing, loyalty programs, technology, and operational services rather than primarily owning and operating hotels itself.

Its portfolio includes brands serving a range of price points and travel needs, including Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, MainStay Suites, Suburban Studios, WoodSpring Suites, Cambria Hotels, and the Ascend Hotel Collection.