News articles about Choice Hotels International (NYSE:CHH) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Choice Hotels International earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.8947341581979 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Choice Hotels International, Inc. (NYSE:CHH) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Choice Hotels International (CHH) versus La Quinta Holdings (LQ) Critical Comparison (americanbankingnews.com)
- Choice Hotels International, Inc. (NYSE:CHH) Cut to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Choice Hotels eyes expansion in D.C. area with its upscale brands (finance.yahoo.com)
- Q3 2017 Earnings Forecast for Choice Hotels International, Inc. Issued By SunTrust Banks (CHH) (americanbankingnews.com)
Shares of Choice Hotels International (NYSE CHH) traded up 0.89% during mid-day trading on Friday, reaching $62.65. The company’s stock had a trading volume of 222,637 shares. Choice Hotels International has a one year low of $43.70 and a one year high of $67.80. The firm has a market cap of $3.54 billion, a PE ratio of 24.10 and a beta of 1.11. The firm’s 50 day moving average is $64.85 and its 200 day moving average is $62.35.
Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The firm had revenue of $276.80 million for the quarter, compared to analyst estimates of $254.68 million. Choice Hotels International had a net margin of 16.11% and a negative return on equity of 48.80%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.71 earnings per share. On average, equities analysts anticipate that Choice Hotels International will post $2.85 earnings per share for the current fiscal year.
Several research firms recently weighed in on CHH. Deutsche Bank AG cut their price target on Choice Hotels International from $68.00 to $66.00 and set a “hold” rating on the stock in a research note on Thursday. BidaskClub upgraded Choice Hotels International from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Barclays PLC cut their target price on Choice Hotels International from $61.00 to $60.00 and set an “underweight” rating on the stock in a research note on Friday. Zacks Investment Research downgraded Choice Hotels International from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Telsey Advisory Group increased their target price on Choice Hotels International from $59.00 to $63.00 and gave the company a “market perform” rating in a research note on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Choice Hotels International presently has an average rating of “Hold” and an average target price of $62.57.
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In other news, CEO Stephen P. Joyce sold 44,116 shares of the business’s stock in a transaction on Monday, July 10th. The shares were sold at an average price of $62.88, for a total transaction of $2,774,014.08. Following the sale, the chief executive officer now directly owns 201,922 shares of the company’s stock, valued at $12,696,855.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Stephen P. Joyce sold 17,024 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $63.02, for a total transaction of $1,072,852.48. Following the sale, the chief executive officer now directly owns 176,943 shares in the company, valued at $11,150,947.86. The disclosure for this sale can be found here. 22.01% of the stock is owned by insiders.
Choice Hotels International Company Profile
Choice Hotels International, Inc is a hotel franchisor. The Company’s segments include Hotel Franchising, SkyTouch Technology and Corporate & Other. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.
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