News articles about Choice Hotels International (NYSE:CHH) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Choice Hotels International earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.1795494158299 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
CHH has been the subject of several analyst reports. BidaskClub cut Choice Hotels International from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Deutsche Bank AG lowered their price target on Choice Hotels International from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday, August 3rd. Barclays PLC restated an “underweight” rating and set a $60.00 price objective (down previously from $61.00) on shares of Choice Hotels International in a research report on Friday, August 4th. Zacks Investment Research lowered Choice Hotels International from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Finally, TheStreet upgraded Choice Hotels International from a “c+” rating to a “b” rating in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $65.00.
Shares of Choice Hotels International (NYSE CHH) traded up $0.25 during trading on Monday, hitting $76.15. The company had a trading volume of 95,667 shares, compared to its average volume of 200,612. Choice Hotels International has a 52 week low of $50.00 and a 52 week high of $76.78. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of -3.99. The company has a market cap of $4,310.00, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 3.12 and a beta of 1.13.
Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Monday, November 6th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.03. Choice Hotels International had a negative return on equity of 60.41% and a net margin of 15.66%. The business had revenue of $295.09 million for the quarter, compared to the consensus estimate of $288.50 million. During the same period in the prior year, the business earned $0.84 EPS. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. analysts predict that Choice Hotels International will post 2.89 earnings per share for the current fiscal year.
In related news, insider David A. Pepper sold 10,217 shares of the company’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $61.07, for a total transaction of $623,952.19. Following the transaction, the insider now directly owns 79,010 shares of the company’s stock, valued at approximately $4,825,140.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Bruce Bainum sold 250,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $74.05, for a total value of $18,512,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 290,320 shares of company stock worth $21,002,787. 22.01% of the stock is owned by company insiders.
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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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