Analyst Ratings for Choice Hotels International Inc. (CHH)Updated: 2017-07-27
Choice Hotels International Inc. (NYSE:CHH) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, CHH was issued an average rating of Hold.
Of the 13 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for CHH by the analysts covering the stock. The maximum price target given was 72, implying a possible profit of 12.5 percent. The most pessimistic price target was 59, which equates to a potential downside of -7.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.28 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.71 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
CHH has an estimated earnings growth rate of 8.85 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CHH has a PEG ratio of 2.79.
In the last 52-weeks, CHH has achieved a high of 67.80 and a low of 43.70. The current market price is above the trailing year's low by 46.45 percent, and 5.6 percent below the high. CHH has a P/E ratio of 24.71. Investors typically compare the P/E ratio to a company's peers in the industry. The CHH value stock report compares CHH to some of its peers using value stock charts. The market cap of CHH is $3.63 billion. CHH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.