10-May-2024
Choice Hotels International Concludes 68th Annual Convention, One of its Largest Ever
PRNewswire (Thu, 9-May 9:00 AM ET)
TipRanks (Thu, 9-May 8:31 AM ET)
TipRanks (Thu, 9-May 8:01 AM ET)
Jefferies Keeps Their Buy Rating on Choice Hotels (CHH)
TipRanks (Thu, 9-May 8:00 AM ET)
Barclays Reaffirms Their Sell Rating on Choice Hotels (CHH)
TipRanks (Thu, 9-May 3:35 AM ET)
Analysts Offer Insights on Consumer Cyclical Companies: 1stdibs.com (DIBS) and Choice Hotels (CHH)
TipRanks (Wed, 8-May 3:10 PM ET)
Benzinga (Wed, 8-May 7:13 AM ET)
Choice Hotels Non-GAAP EPS of $1.28 beats by $0.14, revenue of $331.94M misses by $11.01M
Seeking Alpha News (Wed, 8-May 6:33 AM ET)
Choice Hotels International Reports First Quarter 2024 Results
PRNewswire (Wed, 8-May 6:30 AM ET)
Choice Hotels Q1 2024 Earnings Preview
Seeking Alpha News (Tue, 7-May 12:13 PM ET)
As of Dec. 31, 2023, Choice Hotels operated 633,000 rooms across 15 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice closed on its Radisson acquisition in August 2022, which added around 70,000 rooms. Franchises account for 100% of total revenue, and the United States represent 79% of total rooms in 2023.
Choice Hotels Intl trades on the NYSE stock market under the symbol CHH.
As of May 10, 2024, CHH stock price climbed to $117.16 with 510,827 million shares trading.
CHH has a beta of 0.61, meaning it tends to be less sensitive to market movements. CHH has a correlation of 0.09 to the broad based SPY ETF.
CHH has a market cap of $5.64 billion. This is considered a Mid Cap stock.
Last quarter Choice Hotels Intl reported $332 million in Revenue and $1.28 earnings per share. This fell short of revenue expectation by $-11 million and exceeded earnings estimates by $.14.
In the last 3 years, CHH stock traded as high as $157.46 and as low as $104.15.
The top ETF exchange traded funds that CHH belongs to (by Net Assets): VTI, VB, IJH, VBK, VXF.
CHH has underperformed the market in the last year with a price return of -3.1% while the SPY ETF gained +27.8%. CHH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.8% and -1.6%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
CHH support price is $114.03 and resistance is $118.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHH stock will trade within this expected range on the day.