Jefferies Financial Group Issues Positive Forecast for Choice Hotels International (NYSE:CHH) Stock Price

Choice Hotels International (NYSE:CHH - Get Free Report) had its price target hoisted by stock analysts at Jefferies Financial Group from $150.00 to $152.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a "hold" rating on the stock. Jefferies Financial Group's price target would indicate a potential upside of 7.29% from the stock's current price.

Other analysts have also issued reports about the stock. Robert W. Baird raised their price objective on shares of Choice Hotels International from $138.00 to $145.00 and gave the company an "outperform" rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. boosted their target price on Choice Hotels International from $122.00 to $135.00 and gave the stock an "underweight" rating in a research report on Friday, December 13th. Truist Financial raised their target price on shares of Choice Hotels International from $134.00 to $136.00 and gave the stock a "hold" rating in a report on Wednesday, December 4th. Morgan Stanley raised their price target on Choice Hotels International from $134.00 to $141.00 and gave the stock an "equal weight" rating in a research note on Wednesday, November 13th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Choice Hotels International from $113.00 to $114.00 and gave the stock a "hold" rating in a report on Tuesday, November 5th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Choice Hotels International presently has a consensus rating of "Hold" and a consensus price target of $134.36.

Choice Hotels International Stock Down 0.2 %

Shares of NYSE:CHH traded down $0.31 during trading on Thursday, hitting $141.67. The stock had a trading volume of 349,425 shares, compared to its average volume of 452,793. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 177.75. Choice Hotels International has a 12 month low of $108.91 and a 12 month high of $153.81. The company has a market capitalization of $6.65 billion, a PE ratio of 27.14, a PEG ratio of 2.30 and a beta of 1.23. The firm's fifty day moving average is $144.64 and its 200 day moving average is $132.48.

Choice Hotels International (NYSE:CHH - Get Free Report) last announced its earnings results on Monday, November 4th. The company reported $2.23 EPS for the quarter, beating analysts' consensus estimates of $1.92 by $0.31. The firm had revenue of $428.00 million for the quarter, compared to analysts' expectations of $432.62 million. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The company's quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.82 EPS. Analysts anticipate that Choice Hotels International will post 6.84 EPS for the current fiscal year.

Insider Activity

In related news, EVP Dominic Dragisich sold 9,138 shares of the firm's stock in a transaction on Friday, October 11th. The shares were sold at an average price of $134.88, for a total transaction of $1,232,533.44. Following the completion of the transaction, the executive vice president now directly owns 68,509 shares of the company's stock, valued at approximately $9,240,493.92. This trade represents a 11.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Patrick Cimerola sold 1,714 shares of the business's stock in a transaction on Monday, October 14th. The stock was sold at an average price of $135.00, for a total transaction of $231,390.00. Following the completion of the sale, the insider now owns 18,084 shares in the company, valued at approximately $2,441,340. The trade was a 8.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 53,572 shares of company stock worth $7,562,444 in the last three months. Company insiders own 24.02% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Tortoise Investment Management LLC boosted its holdings in shares of Choice Hotels International by 129.4% in the 2nd quarter. Tortoise Investment Management LLC now owns 250 shares of the company's stock worth $30,000 after purchasing an additional 141 shares during the period. Blue Trust Inc. boosted its stake in Choice Hotels International by 81.4% during the third quarter. Blue Trust Inc. now owns 399 shares of the company's stock worth $47,000 after buying an additional 179 shares during the period. Anchor Investment Management LLC bought a new position in Choice Hotels International during the third quarter valued at $55,000. Quarry LP purchased a new stake in shares of Choice Hotels International in the third quarter valued at $63,000. Finally, Quest Partners LLC purchased a new stake in shares of Choice Hotels International in the second quarter valued at $69,000. 65.57% of the stock is owned by hedge funds and other institutional investors.

About Choice Hotels International

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of 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 Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.