News headlines about Choice Hotels International (NYSE:CHH) have trended somewhat positive on Monday, according to AlphaOne Sentiment. The research group, a subsidiary of Accern, ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Choice Hotels International earned a news sentiment score of 0.16 on AlphaOne’s scale. AlphaOne also assigned headlines about the company an impact score of 82 out of 100, indicating that recent news coverage is very likely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Alpha One Sentiment’s analysis:
- Cambria Hotel in Traverse City Wins Seventh-Straight Hotel of the Year Award (finance.yahoo.com)
- The Ascend Hotel Collection Welcomes the LOOK Hotel in Brooklyn, NY (finance.yahoo.com)
- Analyzing Bravo Brio Restaurant Group (BBRG) and Choice Hotels International (CHH) (americanbankingnews.com)
- Choice Hotels International : St. Norbert College’s Kress Inn Wins 2017 Platinum Hospitality Award (4-traders.com)
- Choice Hotels International, Inc. (CHH) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
A number of research firms have recently weighed in on CHH. Zacks Investment Research raised Choice Hotels International from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a report on Tuesday, March 28th. Telsey Advisory Group lifted their target price on Choice Hotels International from $59.00 to $63.00 and gave the stock a “market perform” rating in a report on Friday, May 5th. Finally, Morgan Stanley downgraded Choice Hotels International from an “overweight” rating to an “equal weight” rating and set a $65.00 target price for the company. in a report on Friday, May 5th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Choice Hotels International presently has an average rating of “Hold” and an average target price of $61.00.
Choice Hotels International (CHH) traded up 1.35% during midday trading on Monday, hitting $67.40. The stock had a trading volume of 234,614 shares. The company has a 50-day moving average price of $64.38 and a 200-day moving average price of $60.08. The stock has a market cap of $3.78 billion, a P/E ratio of 25.87 and a beta of 1.14. Choice Hotels International has a 52 week low of $43.61 and a 52 week high of $67.55.
Choice Hotels International (NYSE:CHH) last posted its earnings results on Thursday, May 4th. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.02. Choice Hotels International had a negative return on equity of 45.12% and a net margin of 16.05%. The company had revenue of $197.89 million during the quarter, compared to the consensus estimate of $216.24 million. During the same quarter last year, the firm earned $0.37 earnings per share. The company’s revenue was down 4.5% on a year-over-year basis. Equities analysts expect that Choice Hotels International will post $2.84 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 18th. Stockholders of record on Monday, July 3rd will be issued a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, June 29th. Choice Hotels International’s dividend payout ratio is currently 33.20%.
TRADEMARK VIOLATION WARNING: “Choice Hotels International (CHH) Getting Somewhat Favorable Media Coverage, Study Finds” was originally posted by BBNS and is the sole property of of BBNS. If you are accessing this piece on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be viewed at https://baseballnewssource.com/markets/choice-hotels-international-chh-given-news-impact-rating-of-0-16-updated/985240.html.
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.
Receive News & Ratings for Choice Hotels International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Hotels International Inc. and related companies with our FREE daily email newsletter.