Analysts Are Pretty Bullish … Choice Hotels International (NYSE:CHH)

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Earnings results for Choice Hotels International (NYSE:CHH)

Choice Hotels International, Inc. is expected* to report earnings on 11/05/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.72. The reported EPS for the same quarter last year was $1.37.

Choice Hotels International last announced its earnings results on August 6th, 2020. The reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.19. The business had revenue of $151.70 million for the quarter, compared to the consensus estimate of $169.68 million. Its quarterly revenue was down 52.2% compared to the same quarter last year. Choice Hotels International has generated $4.32 earnings per share over the last year and currently has a price-to-earnings ratio of 30.1. Choice Hotels International has confirmed that its next quarterly earnings report will be published on Thursday, November 5th, 2020.

Analyst Opinion on Choice Hotels International (NYSE:CHH)

13 Wall Street analysts have issued ratings and price targets for Choice Hotels International in the last 12 months. Their average twelve-month price target is $83.00, predicting that the stock has a possible downside of 9.97%. The high price target for CHH is $104.00 and the low price target for CHH is $59.00. There are currently 4 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Choice Hotels International has received a consensus rating of Hold. The company’s average rating score is 1.92, and is based on 2 buy ratings, 7 hold ratings, and 3 sell ratings. According to analysts’ consensus price target of $83.00, Choice Hotels International has a forecasted downside of 10.0% from its current price of $92.19. Choice Hotels International has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Choice Hotels International (NYSE:CHH)

Choice Hotels International does not currently pay a dividend. Choice Hotels International does not have a long track record of dividend growth.

Insiders buying/selling: Choice Hotels International (NYSE:CHH)

In the past three months, Choice Hotels International insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,533,136.00 in company stock. Only 21.73% of the stock of Choice Hotels International is held by insiders. 58.72% of the stock of Choice Hotels International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Choice Hotels International (NYSE:CHH

Earnings for Choice Hotels International are expected to grow by 51.12% in the coming year, from $2.23 to $3.37 per share. The P/E ratio of Choice Hotels International is 30.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.27. The P/E ratio of Choice Hotels International is 30.13, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 56.17.

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