Choice Hotels International, Inc. (CHH) Stock: A Closer Look at the Moving Averages

The stock of Choice Hotels International, Inc. (CHH) has seen a -2.87% decrease in the past week, with a -8.33% drop in the past month, and a -4.98% decrease in the past quarter. The volatility ratio for the week is 2.16%, and the volatility levels for the past 30 days are at 2.18% for CHH. The simple moving average for the last 20 days is -3.33% for CHH stock, with a simple moving average of -3.51% for the last 200 days.

Is It Worth Investing in Choice Hotels International, Inc. (NYSE: CHH) Right Now?

Choice Hotels International, Inc. (NYSE: CHH) has a price-to-earnings ratio of 24.78x that is above its average ratio. Additionally, the 36-month beta value for CHH is 1.25. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 2 rating it as “sell.”

The public float for CHH is 29.97M and currently, short sellers hold a 19.52% ratio of that float. The average trading volume of CHH on May 09, 2024 was 635.22K shares.

CHH) stock’s latest price update

The stock price of Choice Hotels International, Inc. (NYSE: CHH) has plunged by -5.27 when compared to previous closing price of 122.14, but the company has seen a -2.87% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-08 that Choice Hotels International, Inc. (NYSE:CHH ) Q1 2024 Results Conference Call May 8, 2024 10:00 AM ET Company Participants Allie Summers – Senior Director and Investor Relations Patrick Pacious – President, CEO & Director Scott Oaksmith – Chief Financial Officer Conference Call Participants Shaun Kelley – Bank of America Michael Bellisario – Baird Stephen Grambling – Morgan Stanley David Katz – Jefferies Robin Farley – UBS Joe Greff – JPMorgan Charles Patrick Scholes – Truist Securities Alex Brignall – Redburn Atlantic Operator Ladies and gentlemen, thank you for standing by. Welcome to Choice Hotels International’s First Quarter 2024 Earnings Call.

Analysts’ Opinion of CHH

Many brokerage firms have already submitted their reports for CHH stocks, with Jefferies repeating the rating for CHH by listing it as a “Buy.” The predicted price for CHH in the upcoming period, according to Jefferies is $156 based on the research report published on March 11, 2024 of the current year 2024.

Jefferies, on the other hand, stated in their research note that they expect to see CHH reach a price target of $96, previously predicting the price at $119. The rating they have provided for CHH stocks is “Underperform” according to the report published on January 02nd, 2024.

JP Morgan gave a rating of “Neutral” to CHH, setting the target price at $115 in the report published on December 14th of the previous year.

CHH Trading at -4.67% from the 50-Day Moving Average

After a stumble in the market that brought CHH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.94% of loss for the given period.

Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 2.16%, as shares sank -8.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.15% upper at present.

During the last 5 trading sessions, CHH fell by -2.87%, which changed the moving average for the period of 200-days by -6.51% in comparison to the 20-day moving average, which settled at $119.16. In addition, Choice Hotels International, Inc. saw 2.12% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CHH starting from Dragisich Dominic, who sale 15,877 shares at the price of $124.55 back on Jul 11 ’23. After this action, Dragisich Dominic now owns 83,739 shares of Choice Hotels International, Inc., valued at $1,977,435 using the latest closing price.

Stock Fundamentals for CHH

Current profitability levels for the company are sitting at:

  • 0.24 for the present operating margin
  • 0.45 for the gross margin

The net margin for Choice Hotels International, Inc. stands at 0.17. The total capital return value is set at 0.26. Equity return is now at value 270.34, with 10.29 for asset returns.

Based on Choice Hotels International, Inc. (CHH), the company’s capital structure generated 0.98 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 47.24. The interest coverage ratio of the stock is 5.88.

Currently, EBITDA for the company is 531.57 million with net debt to EBITDA at 3.17. When we switch over and look at the enterprise to sales, we see a ratio of 4.79. The receivables turnover for the company is 6.69for trailing twelve months and the total asset turnover is 0.64.

Conclusion

In conclusion, Choice Hotels International, Inc. (CHH) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts