The closing price of Choice Hotels International, Inc. (NYSE: CHH) was $126.83 for the day, down -0.74% from the previous closing price of $127.77. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 843383 shares were traded.
Ratios:
Our analysis of CHH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 234.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.87. In the meantime, Its Debt-to-Equity ratio is 47.24 whereas as Long-Term Debt/Eq ratio is at 19.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 11, 2024, Upgraded its rating to Buy and sets its target price to $156 from $96 previously.
On January 02, 2024, Jefferies Downgraded its rating to Underperform which previously was Hold and also lowered its target price recommendation from $119 to $96.
JP Morgan Upgraded its Underweight to Neutral on December 14, 2023, while the target price for the stock was maintained at $115.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 11 ’23 when Dragisich Dominic sold 15,877 shares for $124.55 per share. The transaction valued at 1,977,435 led to the insider holds 83,739 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHH now has a Market Capitalization of 6.29B and an Enterprise Value of 7.94B. As of this moment, Choice’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.04, and their Forward P/E ratio for the next fiscal year is 18.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.07 while its Price-to-Book (P/B) ratio in mrq is 176.45. Its current Enterprise Value per Revenue stands at 5.14 whereas that against EBITDA is 16.67.
Stock Price History:
Over the past 52 weeks, CHH has reached a high of $136.02, while it has fallen to a 52-week low of $108.91. The 50-Day Moving Average of the stock is 117.50, while the 200-Day Moving Average is calculated to be 118.86.
Shares Statistics:
CHH traded an average of 558.31K shares per day over the past three months and 910.07k shares per day over the past ten days. A total of 49.53M shares are outstanding, with a floating share count of 29.90M. Insiders hold about 39.68% of the company’s shares, while institutions hold 65.99% stake in the company. Shares short for CHH as of Feb 29, 2024 were 4.3M with a Short Ratio of 7.70, compared to 4.02M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.68% and a Short% of Float of 14.36%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.15, CHH has a forward annual dividend rate of 1.15. Against a Trailing Annual Dividend Yield of 0.90%, it implies a Forward Annual Dividend Yield of 0.91%. The stock’s 5-year Average Dividend Yield is 1.10. The current Payout Ratio is 22.68% for CHH, which recently paid a dividend on Apr 17, 2024 with an ex-dividend date of Apr 01, 2024. Stock splits for the company last occurred on Oct 24, 2005 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $1.16 for the current quarter, with a high estimate of $1.36 and a low estimate of $1.07, while EPS last year was $1.12. The consensus estimate for the next quarter is $1.89, with high estimates of $1.97 and low estimates of $1.81.
Analysts are recommending an EPS of between $7.4 and $4.66 for the fiscal current year, implying an average EPS of $6.33. EPS for the following year is $6.94, with 10 analysts recommending between $8 and $6.08.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $355M to a low estimate of $340.1M. As of the current estimate, Choice Hotels International, Inc.’s year-ago sales were $332.79M, an estimated increase of 3.90% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $447.14M, an increase of 4.60% over than the figure of $3.90% in the same quarter last year. There is a high estimate of $458M for the next quarter, whereas the lowest estimate is $438.8M.
A total of 7 analysts have provided revenue estimates for CHH’s current fiscal year. The highest revenue estimate was $1.67B, while the lowest revenue estimate was $1.55B, resulting in an average revenue estimate of $1.6B. In the same quarter a year ago, actual revenue was $1.54B, up 3.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.66B in the next fiscal year. The high estimate is $1.76B and the low estimate is $1.56B. The average revenue growth estimate for next year is up 3.20% from the average revenue estimate for this year.
