For its third fiscal quarter (ending September 30), Choice Hotels International Inc. (NYSE: CHH) has reported a 22% increase in E.P.S. from $1.83 a year ago to $2.24 in the current quarter. E.P.S. were $5.22 for the latest four quarters through September 30 versus $5.56 for the same period a year ago — a decline of -6%.
Recent Price Action
Choice Hotels International Inc. (NYSE: CHH) stock increased 1.1% on 11/4/24. The shares closed at $140.25. Moreover, this advance was accompanied by exceptionally high trading volume at 244% of normal. The stock has been strong relative to the market over the last nine months but has declined -0.9% 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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Choice Hotels has a slightly positive Power Rating of 62 and a very high Appreciation Score of 91, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment