For its first fiscal quarter (ending March 31), Choice Hotels International Inc. (NYSE: CHH) has reported a -38% decline in E.P.S. from $1.02 a year ago to $0.63 in the current quarter. Relative to the consensus estimate of $1.19, this was a shortfall of $-0.56. For the latest four quarters through March 31, E.P.S. were $4.70 versus $5.84 for the same period a year ago — a decline of -20%.
Recent Price Action
Choice Hotels International Inc. (NYSE: CHH) stock suffered a large decline of -5.3% on 5/8/24. The stock closed at $115.70. Moreover, trading volume in this decline was exceptionally high at 229% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Choice Hotels has a very high Appreciation Score of 93 but a slightly negative Power Rating of 32, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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