CHH Stock Summary and Trading Ideas (Choice Hotels Intl | NYSE:CHH)

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 April 23, 2024, CHH stock price climbed to $117.14 with 456,031 million shares trading.

CHH has a beta of 0.65, meaning it tends to be less sensitive to market movements. CHH has a correlation of 0.10 to the broad based SPY ETF.

CHH has a market cap of $5.81 billion. This is considered a Mid Cap stock.

Last quarter Choice Hotels Intl reported $358 million in Revenue and $1.44 earnings per share. This fell short of revenue expectation by $-12 million and exceeded earnings estimates by $.09.

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 -8.3% while the SPY ETF gained +24.3%. CHH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.2% and -5.9%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

CHH support price is $115.02 and resistance is $118.80 (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.