Equities analysts forecast that Choice Hotels International Inc (NYSE:CHH) will announce $1.30 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Choice Hotels International’s earnings. The lowest EPS estimate is $1.28 and the highest is $1.34. Choice Hotels International posted earnings per share of $1.24 in the same quarter last year, which indicates a positive year-over-year growth rate of 4.8%. The company is expected to announce its next earnings report on Thursday, November 14th.

On average, analysts expect that Choice Hotels International will report full year earnings of $4.22 per share for the current year, with EPS estimates ranging from $4.12 to $4.29. For the next fiscal year, analysts expect that the firm will report earnings of $4.40 per share, with EPS estimates ranging from $3.93 to $4.70. Zacks’ EPS calculations are a mean average based on a survey of research firms that that provide coverage for Choice Hotels International.

Choice Hotels International (NYSE:CHH) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.05. Choice Hotels International had a negative return on equity of 141.56% and a net margin of 20.13%. The business had revenue of $317.68 million for the quarter, compared to analyst estimates of $304.70 million. During the same quarter in the prior year, the firm posted $1.11 EPS. The business’s quarterly revenue was up 7.5% compared to the same quarter last year.

Several research firms have commented on CHH. Wells Fargo & Co upped their price objective on Choice Hotels International from $89.00 to $90.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 13th. Zacks Investment Research lowered Choice Hotels International from a “hold” rating to a “sell” rating and set a $91.00 price objective on the stock. in a research report on Monday, July 22nd. Bank of America lowered Choice Hotels International from a “buy” rating to a “neutral” rating and set a $86.07 price objective on the stock. in a research report on Wednesday, June 12th. They noted that the move was a valuation call. Deutsche Bank restated a “hold” rating and issued a $83.00 price objective on shares of Choice Hotels International in a research report on Thursday, August 8th. Finally, Barclays upped their price objective on Choice Hotels International from $81.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $84.51.

In other news, Director William L. Jews sold 8,750 shares of the stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $84.11, for a total transaction of $735,962.50. Following the transaction, the director now owns 25,952 shares in the company, valued at approximately $2,182,822.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 24.90% of the company’s stock.

Several large investors have recently made changes to their positions in CHH. One Wealth Advisors LLC increased its stake in shares of Choice Hotels International by 14.6% in the 2nd quarter. One Wealth Advisors LLC now owns 2,593 shares of the company’s stock worth $226,000 after acquiring an additional 330 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Choice Hotels International by 2.6% in the 2nd quarter. Royal Bank of Canada now owns 36,598 shares of the company’s stock worth $3,183,000 after acquiring an additional 944 shares during the last quarter. Eaton Vance Management increased its stake in shares of Choice Hotels International by 174.2% in the 2nd quarter. Eaton Vance Management now owns 201,790 shares of the company’s stock worth $17,556,000 after acquiring an additional 128,188 shares during the last quarter. Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Choice Hotels International in the 2nd quarter worth $18,154,000. Finally, Summit Global Investments increased its stake in shares of Choice Hotels International by 45.3% in the 2nd quarter. Summit Global Investments now owns 111,575 shares of the company’s stock worth $9,708,000 after acquiring an additional 34,770 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Choice Hotels International stock traded up $0.71 during mid-day trading on Friday, hitting $88.20. The company had a trading volume of 293,500 shares, compared to its average volume of 332,951. Choice Hotels International has a 12-month low of $66.71 and a 12-month high of $91.18. The company’s fifty day moving average is $87.80 and its 200-day moving average is $83.23. The company has a market capitalization of $4.87 billion, a price-to-earnings ratio of 22.67, a P/E/G ratio of 2.11 and a beta of 1.02.

Choice Hotels International Company Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Cambria Hotels, V8 Hotel Köln @Motorworld, Quality Hotel Ostrava, Hotel Aquarius Venice, and Ascend Hotel Collection.

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