Choice Hotels International (NYSE:CHH) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $0.58-0.61 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.61. Choice Hotels International also updated its FY18 guidance to $3.54-3.66 EPS.
A number of research analysts have commented on the stock. Zacks Investment Research upgraded shares of Choice Hotels International from a hold rating to a buy rating and set a $90.00 price objective on the stock in a research note on Tuesday, January 9th. JPMorgan Chase & Co. downgraded shares of Choice Hotels International from a neutral rating to an underweight rating and set a $72.00 price objective on the stock. in a research note on Wednesday, December 13th. SunTrust Banks reiterated a hold rating and set a $71.00 price objective on shares of Choice Hotels International in a research note on Friday, November 10th. Finally, Barclays increased their price objective on shares of Choice Hotels International from $60.00 to $67.00 and gave the company an underweight rating in a research note on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $69.13.
Choice Hotels International (NYSE CHH) opened at $80.50 on Tuesday. The company has a debt-to-equity ratio of -3.99, a current ratio of 1.67 and a quick ratio of 1.67. Choice Hotels International has a 52-week low of $59.60 and a 52-week high of $82.85. The stock has a market cap of $4,555.80, a PE ratio of 29.81, a PEG ratio of 1.93 and a beta of 1.16.
About Choice Hotels International
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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