#3 - Choice Hotels International (NYSE:CHH)
We Americans love naming trends. The latest such trend to get a name is “bleisure” the act of combining business with personal travel. When offices were closed, employees took the “work from anywhere” mantra seriously. Not surprisingly, hotels noticed that more individuals, particularly those with families, were taking extended stays.
Of the hotels we researched, Choice Hotels International (NYSE:CHH) stood out. One reason is that the company has a portfolio that houses economy brands like EconoLodge as well as more premium offerings such as Cambria Hotels.
You’ll notice a familiar theme. The price/earnings and forward price/earnings ratios are elevated. That suggests that investors are already pricing growth into the stock. However, the company’s forward earnings and revenue look strong which leaves room for the stock to grow.
At this time, the consensus price target suggests CHH stock is due to fall. But analysts have yet to weigh in on the stock which just posted a double beat in their February earnings report.
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.
Read More - Current Price
- $141.58
- Consensus Rating
- Reduce
- Ratings Breakdown
- 1 Buy Ratings, 6 Hold Ratings, 4 Sell Ratings.
- Consensus Price Target
- $134.18 (5.2% Downside)
