Choice Hotels International (NYSE:CHH) Hits New 52-Week Low – Should You Sell?

Choice Hotels International, Inc. (NYSE:CHH) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $89.14 and last traded at $91.8920, with a volume of 31932 shares. The stock had previously closed at $92.08.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CHH shares. Robert W. Baird dropped their price objective on shares of Choice Hotels International from $144.00 to $136.00 and set an “outperform” rating for the company in a report on Friday, August 22nd. Bank of America downgraded shares of Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price objective for the company. in a research note on Monday, September 29th. Morgan Stanley dropped their price objective on shares of Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. upped their price objective on shares of Choice Hotels International from $99.00 to $102.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. Finally, Wells Fargo & Company assumed coverage on Choice Hotels International in a report on Tuesday. They issued an “underweight” rating and a $84.00 target price for the company. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $121.31.

Choice Hotels International Price Performance

The company has a fifty day moving average of $102.35 and a two-hundred day moving average of $117.93. The stock has a market capitalization of $4.21 billion, a P/E ratio of 14.02, a price-to-earnings-growth ratio of 6.60 and a beta of 0.84.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Wednesday, November 5th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.08). The company had revenue of $278.00 million during the quarter, compared to analyst estimates of $419.75 million. Choice Hotels International had a negative return on equity of 575.73% and a net margin of 19.52%.Choice Hotels International’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.23 earnings per share. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. As a group, equities research analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.2875 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.3%. Choice Hotels International’s dividend payout ratio is currently 14.13%.

Institutional Investors Weigh In On Choice Hotels International

Large investors have recently bought and sold shares of the business. Millennium Management LLC acquired a new position in shares of Choice Hotels International in the 1st quarter valued at $49,799,000. Bamco Inc. NY raised its holdings in Choice Hotels International by 7.4% during the third quarter. Bamco Inc. NY now owns 5,359,896 shares of the company’s stock worth $573,026,000 after acquiring an additional 369,244 shares in the last quarter. Rock Creek Group LP grew its stake in shares of Choice Hotels International by 52.3% in the second quarter. Rock Creek Group LP now owns 811,579 shares of the company’s stock valued at $102,973,000 after buying an additional 278,715 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in Choice Hotels International during the first quarter worth approximately $25,673,000. Finally, BNP Paribas Financial Markets raised its position in shares of Choice Hotels International by 194.8% in the second quarter. BNP Paribas Financial Markets now owns 237,097 shares of the company’s stock valued at $30,083,000 after purchasing an additional 156,666 shares during the period. 65.57% of the stock is currently owned by institutional investors.

Choice Hotels International Company Profile

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.