Extremely important positive changes in investment behavior have recently occurred for Choice Hotels International Inc. (NYSE: CHH): 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.
Choice Hotels International Inc. (NYSE: CHH). Small positive changes in fundamentals have recently occurred: 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 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Choice Hotels has a very high Appreciation Score of 93 but a neutral Power Rating of 42, and the Positive Value Trend Rating results.
Recent Price Action
On 7/15/24, Choice Hotels International Inc. (NYSE: CHH) stock increased 2.0%, closing at $128.06. Moreover, this advance was accompanied by above average trading volume at 141% of normal. The stock has performed in line with the market over the last nine months and has risen 7.9% during the last week.
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