Choice Hotels International Inc. (NYSE: CHH) has benefited from extremely meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.
Recent minimal positive changes in fundamentals have benefitted Choice Hotels International Inc. (NYSE: CHH): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CHH is expected to continue to be a major Value Builder.
Choice Hotels has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Choice Hotels has a very high Appreciation Score of 93 but a neutral Power Rating of 41, with the Positive Value Trend Rating the result.
Recent Price Action
Choice Hotels International Inc. (NYSE: CHH) stock rose slightly by 0.03% on 3/8/24. The stock closed at $121.03. Moreover, above average trading volume at 139% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 8.1% during the last week.
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