Choice Hotels International, Inc. (CHH) shares projected to rise by 9.61%

Choice Hotels International, Inc. [CHH] stock prices are up 4.59% to $119.97 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CHH shares have gain 5.96% over the last week, with a monthly amount drifted -0.27%, and not seem to be holding up well over a long-time horizon.

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On 6, March 2024, Choice Hotels is proud to offer AARP members discounts on over 7,000 Hotels Across 22 Hotel Brands. In a post published today on Yahoo Finance, Choice Hotels International, Inc. (NYSE: CHH) one of the world’s largest hotel franchisors, announced an agreement to offer AARP members discounts on hotel stays at Choice Hotels’ properties, including Cambria Hotels®, Comfort®, Radisson®, Country Inn & Suites® by Radisson, and more.

From an analyst’s perspective:

Choice Hotels International, Inc. [NYSE: CHH] stock has seen the most recent analyst activity on January 02, 2024, when Jefferies downgraded its rating to a Underperform and also revised its price target to $96 from $119. Previously, JP Morgan upgraded its rating to Neutral on December 14, 2023, and kept the price target unchanged to $115. On October 23, 2023, HSBC Securities initiated with a Hold rating and assigned a price target of $131 on the stock. Argus started tracking the stock assigning a Buy rating and suggested a price target of $145 on September 25, 2023. Robert W. Baird upgraded its rating to a Outperform and raised its price target to $134 on March 16, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on December 05, 2022, and assigned it a price target of $137. In a note dated November 30, 2022, Redburn initiated an Sell rating.

The stock price of Choice Hotels International, Inc. [CHH] has been fluctuating between $108.91 and $136.02 over the past year. Currently, Wall Street analysts expect the stock to reach $131.5 within the next 12 months. Choice Hotels International, Inc. [NYSE: CHH] shares were valued at $119.97 at the most recent close of the market. An investor can expect a potential return of 9.61% based on the average CHH price forecast.

Analyzing the CHH fundamentals

The Choice Hotels International, Inc. [NYSE:CHH] reported sales of 1.54B for trailing twelve months, representing a drop of -0.99%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 4.93 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 47.24.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 117.26 points at the first support level, and at 114.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 121.32, and for the 2nd resistance point, it is at 122.68.

Choice Hotels International, Inc. [CHH] reported earnings per share of $1.44 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.34/share, meaning a difference of $0.1 and a surprise factor of 7.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.82 per share as compared to estimates of $1.85 per share, a difference of -$0.03 representing a surprise of -1.60%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.85, the price to book ratio is 166.91 and price to earnings (TTM) ratio is 23.69.

Transactions by insiders

Recent insider trading involved Dragisich Dominic, Chief Financial Officer, that happened on Jul 11 ’23 when 15877.0 shares were sold. Director, JEWS WILLIAM L completed a deal on Mar 10 ’23 to sell 2214.0 shares.

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