News articles about Choice Hotels (NYSE:CHH) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Choice Hotels earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.8740095523665 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s analysis:
NYSE CHH traded down $1.25 during trading on Friday, hitting $79.90. The stock had a trading volume of 228,023 shares, compared to its average volume of 253,486. The company has a debt-to-equity ratio of -3.42, a current ratio of 1.37 and a quick ratio of 1.37. The company has a market cap of $4,619.29, a P/E ratio of 27.74, a PEG ratio of 2.29 and a beta of 1.08. Choice Hotels has a one year low of $59.60 and a one year high of $85.35.
Choice Hotels (NYSE:CHH) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $0.63 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.63. The firm had revenue of $237.57 million during the quarter, compared to the consensus estimate of $227.65 million. Choice Hotels had a net margin of 11.40% and a negative return on equity of 68.40%. The company’s revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.56 earnings per share. equities research analysts expect that Choice Hotels will post 3.64 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 17th. Shareholders of record on Monday, April 2nd will be issued a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 1.08%. The ex-dividend date is Thursday, March 29th. Choice Hotels’s dividend payout ratio is currently 29.86%.
A number of equities analysts recently commented on the company. Zacks Investment Research upgraded Choice Hotels from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a research report on Tuesday, January 9th. ValuEngine upgraded Choice Hotels from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Barclays lifted their price target on Choice Hotels from $67.00 to $75.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 21st. JPMorgan Chase lowered Choice Hotels from a “neutral” rating to an “underweight” rating and set a $72.00 price target for the company. in a research report on Wednesday, December 13th. Finally, TheStreet lowered Choice Hotels from a “b” rating to a “c+” rating in a research report on Wednesday, February 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Choice Hotels currently has an average rating of “Hold” and an average target price of $77.13.
In other Choice Hotels news, SVP John Bonds sold 14,820 shares of Choice Hotels stock in a transaction on Friday, March 9th. The shares were sold at an average price of $83.50, for a total value of $1,237,470.00. Following the transaction, the senior vice president now directly owns 14,272 shares of the company’s stock, valued at $1,191,712. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Simone Wu sold 10,203 shares of Choice Hotels stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $78.88, for a total transaction of $804,812.64. Following the completion of the transaction, the senior vice president now directly owns 30,298 shares in the company, valued at $2,389,906.24. The disclosure for this sale can be found here. Insiders sold 61,995 shares of company stock worth $4,992,967 over the last ninety days. Corporate insiders own 22.01% of the company’s stock.
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About Choice Hotels
Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. It operates through Hotel Franchising and SkyTouch Technology segments. The company franchises lodging properties under the brand names of 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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