Choice Hotels Intl (NYSE:CHH) Stock, Quote.Headers.trade-ideas

Choice Hotels Intl

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.

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AOUT

American Outdoor Brands, Inc. (NASDAQ: AOUT) is scheduled to report fourth-quarter fiscal 2024 results on Jun 27, after the closing bell. In the last reported quarter, AOUT&#39;s earnings beat the Zacks Consensus Estimate by 14.3%.

American Outdoor to Post Q4 Earnings: What&#39;s in Store?

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Will Earnings Cheer Continue This Week? All Eyes On Disney, Palantir, Robinhood While Reddit Gears Up For Debut Quarterly Report

Choice Hotels International, Inc. Common Stock

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Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Choice Hotels Intl, presenting an average target of $127.6, a high estimate of $144.00, and a low estimate of $112.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 7.54%. 
<img src="https://www.benzinga.com/files/images/story/2024/1721397670_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The perception of Choice Hotels Intl by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joseph Greff</td>
<td>JP Morgan</td>
<td>Announces</td>
<td>Underweight</td>
<td>$120.00</td>
<td>-</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Announces</td>
<td>Neutral</td>
<td>$125.00</td>
<td>-</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$144.00</td>
<td>$146.00</td>
</tr>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$112.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$137.00</td>
<td>$140.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Choice Hotels Intl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Choice Hotels Intl compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Choice Hotels Intl's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Choice Hotels Intl's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CHH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Choice Hotels Intl analyst ratings.</a>
<h2>About Choice Hotels Intl</h2>
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.
<h3>Choice Hotels Intl's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Negative Revenue Trend: Examining Choice Hotels Intl's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -0.25% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 9.29%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Choice Hotels Intl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 145.78%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Choice Hotels Intl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.27%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 268.43, caution is advised due to increased financial risk.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Choice Hotels Intl: Insights From 5 Financial Analysts

JP Morgan analyst Joseph Greff downgrades Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) from Neutral to Underweight and announces $120 price target.

Downgrades

Price Target

JP Morgan Downgrades Choice Hotels Intl to Underweight, Announces $120 Price Target

The notes will mature on&nbsp;August 1, 2034, will bear interest at a rate of&nbsp;5.850%, and will be issued at&nbsp;98.929%&nbsp;of par value. The notes will be unsecured, unsubordinated obligations of the Company.

Offerings

Choice Hotels Reports Pricing Of Senior Notes In An Aggregate Principal Amount Of $600M In Public Offering

American Outdoor Brands, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aout#NASDAQ">AOUT</a>) is scheduled to report fourth-quarter fiscal 2024 results on Jun 27, after the closing bell. In the last reported quarter, AOUT&#39;s earnings beat the Zacks Consensus Estimate by 14.3%.
<h3>Q4 Estimates</h3>
The Zacks Consensus Estimate for fourth-quarter fiscal 2024 earnings is pegged at 1 cent. In the prior-year quarter, it reported adjusted earnings of 6 cents. Estimate revisions have remained stable in the past 30 days. The consensus mark for revenues is pegged at $43.2 million, implying a 2.4% year-over-year increase.
<h3>Factors to Note</h3>
The company&#39;s top line is likely to have been bolstered by strong sales in the outdoor lifestyle category, particularly from hunt and fishing sales, as well as in shooting sports, thanks to the clearance of slow-moving inventory and increased sales of shooting accessories. Additionally, AOUT continues to benefit from the introduction of new products. 
However, high costs are anticipated to have negatively impacted the company&#39;s bottom line. Rising competition in the outdoor and shooting sports markets could put pressure on sales and pricing, which will negatively impact earnings.
<h3>What Our Model Says</h3>
Our proven model doesn&#39;t conclusively predict an earnings beat for American Outdoor this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here. 
Earnings ESP: AOUT has an Earnings ESP of 0.00%. 
Zacks Rank: AOUT carries a Zacks Rank #3 at present.
<div class="chart_embed">
<h3>American Outdoor Brands, Inc. Price and EPS Surprise</h3>
<h3><img alt="American Outdoor Brands, Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/cd/1719230456.png" style="height:306px; width:610px" title="" /></h3>
American Outdoor Brands, Inc. price-eps-surprise | American Outdoor Brands, Inc. Quote
</div>
<h3>Stocks to Consider</h3>
Here we present three stocks you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this season. 
Hasbro, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/has#NASDAQ">HAS</a>) currently has an Earnings ESP of +7.72% and a Zacks Rank of 1. 
HAS&#39;s earnings for the to-be-reported quarter are expected to increase 55.1%. It reported better-than-expected earnings in two of the trailing four quarters and missed the other two, with a negative surprise of 17.5% on average. 
MGM Resorts International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgm#NYSE">MGM</a>) has an Earnings ESP of +8.13% and a Zacks Rank of 3 at present. 
MGM is expected to register a 17.1% increase in earnings for the to-be-reported quarter. It reported better-than-expected earnings in all of the trailing four quarters, with an earnings surprise of 27.3%, on average. 
Choice Hotels International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chh#NYSE">CHH</a>) currently has an Earnings ESP of +0.22% and a Zacks Rank of 3. 
CHH&#39;s earnings for the to-be-reported quarter are expected to increase 6.3%. It reported better-than-expected earnings in three of the trailing four quarters and missed the other, the average surprise being 4.6%. 
<a href="https://www.zacks.com/stock/news/2292090/american-outdoor-aout-to-post-q4-earnings-what-s-in-store?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2292090">To read this article on Zacks.com click here.</a>

American Outdoor to Post Q4 Earnings: What's in Store?

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Choice Hotels Intl, revealing an average target of $126.4, a high estimate of $144.00, and a low estimate of $112.00. A 5.67% drop is evident in the current average compared to the previous average price target of $134.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1718971246_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A comprehensive examination of how financial experts perceive Choice Hotels Intl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Announces</td>
<td>Neutral</td>
<td>$125.00</td>
<td>-</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$144.00</td>
<td>$146.00</td>
</tr>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$112.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$137.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$114.00</td>
<td>$122.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Choice Hotels Intl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Choice Hotels Intl compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Choice Hotels Intl's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
For valuable insights into Choice Hotels Intl's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CHH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Choice Hotels Intl analyst ratings.</a>
<h2>Unveiling the Story Behind Choice Hotels Intl</h2>
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.
<h3>Choice Hotels Intl: Delving into Financials</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Choice Hotels Intl's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -0.25% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Choice Hotels Intl's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 9.29%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Choice Hotels Intl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 145.78%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Choice Hotels Intl's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.27%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 268.43, Choice Hotels Intl faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Choice Hotels Intl: 5 Analysts Share Their Views

Susquehanna analyst Christopher Stathoulopoulos initiates coverage on Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) with a Neutral rating and announces Price Target of $125.

Initiation

Susquehanna Initiates Coverage On Choice Hotels Intl with Neutral Rating, Announces Price Target of $125

8 analysts have shared their evaluations of Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Choice Hotels Intl, revealing an average target of $133.88, a high estimate of $156.00, and a low estimate of $112.00. This upward trend is evident, with the current average reflecting a 3.88% increase from the previous average price target of $128.88.
<img src="https://www.benzinga.com/files/images/story/2024/1717081239_0_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of Choice Hotels Intl's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$144.00</td>
<td>$146.00</td>
</tr>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$112.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$137.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$114.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$146.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$122.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$156.00</td>
<td>$96.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Choice Hotels Intl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Choice Hotels Intl compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Choice Hotels Intl's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Choice Hotels Intl's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CHH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Choice Hotels Intl analyst ratings.</a>
<h2>Delving into Choice Hotels Intl's Background</h2>
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.
<h3>Breaking Down Choice Hotels Intl's Financial Performance</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: Choice Hotels Intl's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -0.25%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 9.29%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Choice Hotels Intl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 145.78% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.27%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Choice Hotels Intl's debt-to-equity ratio surpasses industry norms, standing at 268.43. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Choice Hotels Intl: Insights From 8 Financial Analysts

Truist Securities analyst Patrick Scholes maintains Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) with a Hold and lowers the price target from $146 to $144.

Truist Securities Maintains Hold on Choice Hotels Intl, Lowers Price Target to $144

In a new SEC filing on May 28, it was revealed that McDowell, Chief Commercial Officer at Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), executed a significant exercise of company stock options.
What Happened: McDowell, Chief Commercial Officer at Choice Hotels Intl, exercised stock options for 1,243 shares of CHH stock. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001046311/000095017024064909//Archives/edgar/data/1046311/000095017024064909/0000950170-24-064909-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The exercise price of the options was $81.55 per share.
As of Tuesday morning, Choice Hotels Intl shares are down by 0.0%, with a current price of $115.42. This implies that McDowell's 1,243 shares have a value of $42,100.
<h3>Get to Know Choice Hotels Intl Better</h3>
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.
<h3>Breaking Down Choice Hotels Intl's Financial Performance</h3>
Revenue Challenges: Choice Hotels Intl's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -0.25%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 40.84%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Choice Hotels Intl's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.63.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 268.43, Choice Hotels Intl faces challenges in effectively managing its debt levels, indicating potential financial strain.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Choice Hotels Intl's current Price to Earnings (P/E) ratio of 24.72 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.75 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 16.13 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>The Relevance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001046311">Check Out The Full List Of Choice Hotels Intl's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Robert McDowell Decides To Exercise Options At Choice Hotels Intl

Across the recent three months, 8 analysts have shared their insights on Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Choice Hotels Intl, revealing an average target of $130.75, a high estimate of $156.00, and a low estimate of $112.00. This upward trend is evident, with the current average reflecting a 4.7% increase from the previous average price target of $124.88.
<img src="https://www.benzinga.com/files/images/story/2024/1715274031_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of Choice Hotels Intl by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$112.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$137.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$114.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$146.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$122.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$156.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$119.00</td>
<td>$114.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Choice Hotels Intl. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Choice Hotels Intl compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Choice Hotels Intl's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Choice Hotels Intl's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CHH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Choice Hotels Intl analyst ratings.</a>
<h2>About Choice Hotels Intl</h2>
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.
<h3>Choice Hotels Intl: Financial Performance Dissected</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Choice Hotels Intl's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -0.99% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Choice Hotels Intl's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.04%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Choice Hotels Intl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 53.34% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.25%, the company showcases effective utilization of assets.
Debt Management: With a high debt-to-equity ratio of 47.24, Choice Hotels Intl faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Choice Hotels Intl Stands With Analysts

Deutsche Bank analyst Carlo Santarelli maintains Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) with a Hold and lowers the price target from $128 to $112.

Deutsche Bank Maintains Hold on Choice Hotels Intl, Lowers Price Target to $112

U.S. stocks are on track for a mixed start on Wednesday as the <a href="https://www.benzinga.com/news/earnings/24/05/38683629/twilio-q1-earnings-revenue-beat-eps-beat-buyback-update-and-more">market digests mixed earnings reports</a> and looks ahead to more speeches by Federal Reserve officials. Given the paucity of any market-moving economic data, the spotlight will likely be on central bank officials&#8217;s statements about rates and inflation.
The still-contained bond yields suggest traders are still harboring hopes of rate cuts this year. The importance of each incoming data, therefore, can&#8217;t be emphasized enough. &#8220;Wall Street will continue to root for bad economic news since it wants to guilt the Fed to begin cutting key interest rates sooner rather than later,&#8221; said fund manager Louis Navellier.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.03%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.01%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.07%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.46%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> In <a href="https://www.benzinga.com/premarket/" target="_blank" rel="noreferrer noopener">premarket</a>&nbsp;trading on Wednesday, the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up 0.02% to $517.24,&nbsp;while the&nbsp;Invesco QQQ ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 0.02% to $440.21, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.</figcaption></figure>
Cues From Previous Session:
Some disappointing earnings, particularly from the tech space, were used by traders as a reason for profit-taking on Tuesday. To make matters worse, Minneapolis Fed President Neel Kashkari, while speaking at a Milken Institute conference., said the the Fed may have to stay higher for longer. He also opined that inflation may not be too high to contain inflationary pressure.
The major averages opened on a mixed note and experienced some volatility in the morning session. Although the indices moved uniformly higher and hovered above the unchanged line during the mid-session, they pulled back in the afternoon. While the Nasdaq Composite settled the day modestly lower, the S&amp;P 500 Index and the Dow Industrials experienced modest gains.
Most sectors advanced, although consumer discretionary, IT, and energy stocks came under selling pressure.
In the process, the Dow Industrials extended its winning streak to five sessions, the S&amp;P 500 was higher for a fourth straight session.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td> Index</td>
<td> Performance (+/-)</td>
<td> Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.10%</td>
<td>16,332.56</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.13%</td>
<td>5,187.70</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.08%</td>
<td>38,884.26</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.19%</td>
<td>2,064.65</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Despite the volatility seen in the market, the broader trajectory in the near term could be higher, said a technical analyst. Fund Strat Global Head of Technical Strategy Mark Newton said in a note on Monday equities remain in a new short-term bullish uptrend as part of intermediate-term uptrends which never wavered during the recent three-week decline.  
&#8220;While more evidence of falling Yields and the US Dollar is likely beginning in the days/weeks ahead, it's likely that the recent uptick in Healthcare, Financials and Industrials are constructive factors for this market technically and should help it broaden out,&#8221; he said. 
The analyst also attaches significance to the bounce seen in SMID-cap stocks over the past week. &#8220;This recovery is also important despite it being in its infancy,&#8221; he said. Newton said he expects the S&amp;P 500 Index to begin its trek back to late March highs at 5264.85 and should exceed this en route to 5400.
Upcoming Economic Data:
<ul>
<li>The Commerce Department is due to release its wholesale inventories report at 10 a.m. EDT. Economists, on average, expect a 0.4% month-over-month decline in wholesale inventories in March, reversing most of the 0.5% gain in February.</li>
<li>The Energy Information Administration will release its customary weekly petroleum status report at 10:30 a.m. EDT.</li>
<li>Fed Vice Chair Philip Jefferson is due to speak at 11 a.m. EDT, followed by Boston Fed President Susan Collins at 11:45 a.m. EDT and Fed Governor Lisa Cook at 1:30 p.m. EDT.</li>
<li>The Treasury will auction 10-year notes at 1 p.m. EDT.</li>
</ul>
See Also: <a href="https://www.benzinga.com/money/best-futures-brokers">Best Futures Brokers </a>
Stocks In Focus:
<ul>
<li>Arista Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) climbed over 7.50% <a href="https://www.benzinga.com/premarket">in premarket trading </a>following its earnings announcement.</li>
<li>Other stocks moving on earnings are Coupang, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPNG#NYSE">CPNG</a>) (down over 6%), Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) (down about 3.50%), GoPro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPRO#NASDAQ">GPRO</a>) (up about 3.80%), Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>), Match Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) (up over 16%), Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>), Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDT#NYSE">RDT</a>) (up nearly 15%), Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) (down over 4%), Twilio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) (down over 6%), RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) (up nearly 14%), Louisiana-Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPX#NYSE">LPX</a>) (up about 15%), DoubleVerify Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DV#NYSE">DV</a>) (down about 39%), ZoomInfo Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZI#NASDAQ">ZI</a>) (down over 22.50%) and Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) (up over 5%).</li>
<li>Anheuser-Busch InBev SA/NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), Choice Hotels International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), The New York Times Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYT#NYSE">NYT</a>), Taboola.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLA#NASDAQ">TBLA</a>), Sunoco LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUN#NYSE">SUN</a>), Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>), Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) are among the<a href="https://www.benzinga.com/calendars/earnings"> notable companies reporting ahead of the market open.</a></li>
<li>Those reporting after the close include Airbnb, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>), Cheesecake Factory Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAKE#NASDAQ">CAKE</a>), Exact Sciences Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAS#NASDAQ">EXAS</a>), HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>), News Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWSA#NASDAQ">NWSA</a>), Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>), The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) and SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>).</li>
</ul>
Commodities, Bonds, and Global Equity Markets:
Crude oil futures were seen extending their declines and were down about a percent and gold futures traded flattish with a slight negative bias. The 10-year bond yield rose 18 basis points but held below the 4.5% mark. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell over 2% to under $62.5K.
Most Asian markets slipped on Wednesday, tracking the lackluster performances of Wall Street stocks overnight, while the European markets firmed up in early trading.
Read Next: <a href="https://www.benzinga.com/news/earnings/24/05/38636014/will-earnings-cheer-continue-this-week-all-eyes-on-disney-palantir-robinhood-while-reddit-gears-up-">Will Earnings Cheer Continue This Week? All Eyes On Disney, Palantir, Robinhood While Reddit Gears Up For Debut Quarterly Report</a>

Wall Street Poised For Muted Open On Mixed Earnings, With More Fed Speeches In Store: Analyst Sees S&P 500 Crossing Late-March High

Outlook
The&nbsp;outlook&nbsp;information below includes forward-looking non-GAAP financial measures, which management uses in forecasting performance. The adjusted numbers in the company&#39;s&nbsp;outlook&nbsp;below exclude the net surplus or deficit generated from reimbursable revenue from franchised and managed properties, due diligence and transition costs, additional repurchases of company stock, and other items:
<table border="0" cellpadding="1" cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
Full-Year 2024
</td>
<td colspan="1" rowspan="1">
Prior&nbsp;Outlook
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Net Income
</td>
<td colspan="1" rowspan="1">
$260&nbsp;&ndash;&nbsp;$274 million
</td>
<td colspan="1" rowspan="1">
$260&nbsp;&ndash;&nbsp;$274 million
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted Net Income
</td>
<td colspan="1" rowspan="1">
$306&nbsp;&ndash;&nbsp;$320 million
</td>
<td colspan="1" rowspan="1">
$316&nbsp;&ndash;&nbsp;$331 million
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted EBITDA
</td>
<td colspan="1" rowspan="1">
$580&nbsp;&ndash;&nbsp;$600 million
</td>
<td colspan="1" rowspan="1">
$580&nbsp;&ndash;&nbsp;$600 million
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Diluted EPS
</td>
<td colspan="1" rowspan="1">
$5.35&nbsp;&ndash;&nbsp;$5.65
</td>
<td colspan="1" rowspan="1">
$5.19&nbsp;&ndash;&nbsp;$5.49
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted Diluted EPS
</td>
<td colspan="1" rowspan="1">
$6.30&nbsp;&ndash;&nbsp;$6.60
</td>
<td colspan="1" rowspan="1">
$6.30&nbsp;&ndash;&nbsp;$6.60
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Effective Income Tax Rate
</td>
<td colspan="1" rowspan="1">
24.5&nbsp;%
</td>
<td colspan="1" rowspan="1">
24.5&nbsp;%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
			&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="2">
			&nbsp;</td>
<td colspan="1" rowspan="1">
Full-Year 2024
</td>
<td colspan="1" rowspan="2">
Prior&nbsp;Outlook
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
vs. Full-Year 2023
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Domestic RevPAR Growth
</td>
<td colspan="1" rowspan="1">
Flat to&nbsp;2%
</td>
<td colspan="1" rowspan="1">
Flat to&nbsp;2%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Domestic Effective Royalty Rate Growth
</td>
<td colspan="1" rowspan="1">
Mid-single digits
</td>
<td colspan="1" rowspan="1">
Mid-single digits
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Domestic Net Unit Growth
</td>
<td colspan="1" rowspan="1">
Approximately&nbsp;2%
</td>
<td colspan="1" rowspan="1">
Approximately&nbsp;2%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
(upscale, extended stay, and midscale brands)
</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
</tbody>
</table>

Guidance

Choice Hotels Expects 2024 Adjusted EPS Of $6.30-$6.60 Vs. Estimate Of  $6.38

Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) reported quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $1.14 by 12.28 percent. This is a 14.29 percent increase over earnings of $1.12 per share from the same period last year. The company reported quarterly sales of $331.949 million which missed the analyst consensus estimate of $343.166 million by 3.27 percent. This is a 0.25 percent decrease over sales of $332.792 million the same period last year.

Earnings Beats

Earnings Misses

Choice Hotels Intl Q1 2024 Adj EPS $1.28 Beats $1.14 Estimate, Sales $331.949M Miss $343.166M Estimate

Earnings reports and a dovish stance from the&nbsp;Federal Reserve&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38624536/federal-reserve-dismisses-rate-hike-fears-labor-market-cools-apple-lures-investors-" rel="noreferrer noopener">lifted stocks last week</a>. Major indices reacted positively, particularly to earnings from high-profile companies that hold significant weight in the indexes.
Tech Giants Lead Charge: Apple, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and&nbsp;Amazon, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) were top performers. Apple impressed investors with a record $110 billion stock buyback plan and better-than-expected guidance for the June quarter.
According to <a href="https://insight.factset.com/sp-500-earnings-season-update-may-3-2024?utm_source=Direct&amp;utm_medium=Email&amp;utm_campaign=FO-05-03-2024&amp;utm_content=httpsinsightfactsetcomsp500earningsseasonupdatemay32024" target="_blank" rel="noreferrer noopener">FactSet</a>, a financial data analytics firm, 80% of S&amp;P 500 companies have reported earnings so far. These reports have shown a higher-than-average percentage of companies exceeding earnings expectations and by a larger margin than usual.
FactSet estimates that S&amp;P 500 companies&#8217; blended year-over-year earnings growth is currently at 5%, up from 3.5% the prior week. This is the highest growth rate since Q2 2022.
Eight out of eleven S&amp;P 500 sectors are experiencing earnings growth. Communication services, utilities, consumer discretionary, and IT are leading the pack, while energy, healthcare, and materials are lagging behind.
See Also:<a target="_blank" href="https://www.benzinga.com/money/best-consumer-discretionary-stocks" rel="noreferrer noopener">&nbsp;Best Consumer Discretionary Stocks</a>
Looking Ahead:&nbsp;This week will see earnings reports from 56 S&amp;P 500 companies, including one from the Dow Jones Industrial Average. Investors will be watching earnings from restaurants, electric vehicle companies, media and entertainment companies, biotech companies, and tech companies.&nbsp;Walt Disney Company&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) is expected to be a key focus due to its consumer exposure, while&nbsp;Reddit, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) will be releasing its&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/03/37876921/reddit-stock-opens-for-trading-at-47-everything-you-need-to-know" rel="noreferrer noopener">first-ever quarterly report</a>&nbsp;as a public company.
Notable among the companies reporting earnings are: 
Monday 
<ul>
<li>Before the bell: BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>), Spirit Airlines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>), TreeHouse Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THS#NYSE">THS</a>) and Tyson Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>).</li>
<li>After the close: ADTRAN Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>), Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>), Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>), FMC Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>), J&amp;J Snack Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JJSF#NASDAQ">JJSF</a>), Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), Lumentum Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>), Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), The Williams Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>), Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>)</li>
</ul>
Tuesday 
<ul>
<li>Before the bell: BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>), Crocs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>), Datadog, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>), Duke Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>), Embraer S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ERJ#NYSE">ERJ</a>), Expeditors International of Washington, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPD#NYSE">EXPD</a>), EVgo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>), Rockwell Automation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>), UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>), Disney and WK Kellogg Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KLG#NYSE">KLG</a>)</li>
<li>After the close: Arista Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>), Coupang, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPNG#NYSE">CPNG</a>), Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), GoPro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPRO#NASDAQ">GPRO</a>), iRobot Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>), Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>), Match Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>), Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>), Reddit, Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), Twilio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>), Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>), RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>), Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>)</li>
</ul>
Wednesday 
<ul>
<li>Before the bell: Anheuser-Busch InBev SA/NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), Choice Hotels International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), The New York Times Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYT#NYSE">NYT</a>), Taboola.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLA#NASDAQ">TBLA</a>), Sunoco LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUN#NYSE">SUN</a>), Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>), Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>)</li>
<li>After the close: Airbnb, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>), Cheesecake Factory Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAKE#NASDAQ">CAKE</a>), Exact Sciences Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAS#NASDAQ">EXAS</a>), HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>), News Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWSA#NASDAQ">NWSA</a>), Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>), The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>)</li>
</ul>
Thursday 
<ul>
<li>Before the bell: Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>), Cars.com Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARS#NYSE">CARS</a>), Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), Ferrari N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RACE#NYSE">RACE</a>), Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>), Krispy Kreme, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>), Papa John&#8217;s International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>), Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>), Six Flags Entertainment Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIX#NYSE">SIX</a>), Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>), US Foods Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USFD#NYSE">USFD</a>)</li>
<li>After the close: Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>), Blink Charging Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>), Dropbox, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBX#NASDAQ">DBX</a>), Lions Gate Entertainment Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LGF#NYSE">LGF</a>), Marathon Digital Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>), Rackspace Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXT#NASDAQ">RXT</a>), Synaptics Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNA#NASDAQ">SYNA</a>), Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>)</li>
</ul>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the performance of the broader S&amp;P 500 Index, ended Friday&#8217;s session up 1.24% at $511.29, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data. </a>The ETF has pulled back from its all-time high (intraday) of $524.61 hit on March 28. The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), an ETF levered more to high-profile, non-financial tech stocks, rose 2% to $435.43.
Read Next: <a href="https://www.benzinga.com/news/24/05/38630719/warren-buffett-fears-the-ai-genie-thats-part-out-of-the-bottle-but-agrees-it-has-potential-to-do-goo">Warren Buffett Fears The &#8216;AI Genie&#8217; That&#8217;s &#8216;Part Out Of The Bottle&#8217; But Agrees It Has Potential To Do Good: &#8216;Don&#8217;t Know How That Plays Out&#8217;</a>
Image via Shutterstock

Choice awards first contract to conversion hotel that offers premium value to younger travelers
NORTH BETHESDA, Md., May 2, 2024 /PRNewswire/ --&nbsp;During its 68th Annual Convention in Las Vegas, Nevada, <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4156602-1&amp;h=1733513624&amp;u=https%3A%2F%2Fwww.choicehotels.com%2F&amp;a=Choice+Hotels+International%2C+Inc.">Choice Hotels International, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), one of the world's largest lodging franchisors, announced the relaunch of Park Inn by Radisson. As part of the strategy with Choice's acquisition of Radisson Hotels Americas in 2022, Park Inn by Radisson is being strategically repositioned into the premium value conversion space. Park Inn by Radisson will deliver on an unmet need tailored to the growing demographic of younger, value-conscious travelers. &nbsp;
"The relaunch of Park Inn by Radisson into the premium value conversion space underscores our commitment to delivering an unparalleled guest experience, inspired by the simplicity and vibrant energy of parks," said Cathy Hartman, vice president, brand strategy, Choice Hotels. "The brand has been built around a promise to brighten up every stay with a refreshing blend of color, connectivity, and convenience."
Park Inn by Radisson will cater to a new generation of experience-centered travelers in a way that's affordable for guests and simple for owners to deliver. Park Inn by Radisson will offer guests the 'brighter basics' through:
<ul>
<li>Bright welcome with pops of color and friendly service</li>
<li>Clean, crisp white bedding and 100% smoke-free hotels</li>
<li>Connected with fast Wi-Fi and plenty of places to charge devices</li>
<li>Convenient grab &amp; go breakfast items with fresh hot coffee to start the day</li>
</ul>
"Park Inn by Radisson presents an exciting opportunity for our current and future hotel owners to tap into Choice's best-in-class conversion capabilities, proprietary tools, and dedicated support needed to thrive in this competitive landscape," said Tom Nee, senior vice president, foundation development, Choice Hotels. "We have already awarded our first contract for the relaunched brand in San Antonio, Texas, and interest in joining the brand is very high. We believe there is meaningful runway for this brand, with the potential to expand domestically in the next several years."
With Radisson Hotels Americas now part of the Choice Hotels family of brands, the company offers best-in-class franchisee support and full access to Choice's powerful global reservation channels, leading to &nbsp;improved digital traffic, bookings, and lowered OTA fees.
Similar to Park Inn by Radisson's four open domestic properties, the relaunched brand will continue to participate in Choice Privileges, the award-winning rewards program where members earn points on eligible charges during their stay which can be redeemed for reward nights at more than 7,000 Choice-branded hotels. Members can also earn points through two co-brand credit cards – the Choice Privileges Select Mastercard and Choice Privileges Mastercard. Both offer cardholders more ways to accelerate the amount of Choice Privileges points they earn while staying at participating Choice Hotels and on everyday spending including for gas, groceries and home goods.
For more information about Park Inn by Radisson, as well as Choice Hotels development opportunities, visit <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4156602-1&amp;h=222223402&amp;u=https%3A%2F%2Fchoicehotelsdevelopment.com%2Fpark-inn%2F&amp;a=www.choicehotelsdevelopment.com%2Fpark-inn%2F">www.choicehotelsdevelopment.com/park-inn/</a>.

Choice Hotels Relaunches Park Inn By Radisson To Capitalize On Untapped Market Within Portfolio Of Hotels

Baird analyst Michael Bellisario maintains Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) with a Outperform and lowers the price target from $140 to $137.

Baird Maintains Outperform on Choice Hotels Intl, Lowers Price Target to $137

In the latest quarter, 8 analysts provided ratings for Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $131.12, a high estimate of $156.00, and a low estimate of $114.00. Surpassing the previous average price target of $120.43, the current average has increased by 8.88%.
<img src="https://www.benzinga.com/files/images/story/2024/1713538922_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Choice Hotels Intl among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$114.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$146.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$122.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$156.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$119.00</td>
<td>$114.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$114.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Michael Bellisario</td>
<td>Baird</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$138.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Choice Hotels Intl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Choice Hotels Intl compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Choice Hotels Intl's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Choice Hotels Intl's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CHH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Choice Hotels Intl analyst ratings.</a>
<h2>All You Need to Know About Choice Hotels Intl</h2>
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.
<h3>Financial Insights: Choice Hotels Intl</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Choice Hotels Intl faced challenges, resulting in a decline of approximately -0.99% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Choice Hotels Intl's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.04% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Choice Hotels Intl's ROE stands out, surpassing industry averages. With an impressive ROE of 53.34%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Choice Hotels Intl's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.25%, the company showcases efficient use of assets and strong financial health.
Debt Management: Choice Hotels Intl's debt-to-equity ratio is notably higher than the industry average. With a ratio of 47.24, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For Choice Hotels Intl

Barclays analyst Anthony Powell maintains Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) with a Underweight and lowers the price target from $122 to $114.

Barclays Maintains Underweight on Choice Hotels Intl, Lowers Price Target to $114

While some investors&nbsp;often look to the stars for strategies, one&nbsp;unique analysis sheds light on <a href="https://www.benzinga.com/news/24/02/37333641/total-solar-eclipse-2024-where-and-how-to-watch-the-ring-of-fire-safely">how the stock market responds to solar eclipses in the U.S</a>.
The&nbsp;examination reveals a surprisingly positive correlation between these celestial events and market performance.
The upcoming eclipse on April 8 has generated buzz among astronomy enthusiasts and investors looking for signs of market movement.
Though Wall Street won&#39;t witness the total eclipse, the partial eclipse that will be visible there is generating excitement.
A historical review by Sam Stovall, chief investment strategist at CFRA Research, uncovered&nbsp;the Dow Jones Industrial Average&#39;s behavior during years marked by total solar eclipses. Interestingly, the Dow has shown a tendency to climb in these periods.
Out of 13 total solar eclipse events since 1900, the Dow ended the year on a high note 10 times. In 1954, the Dow experienced a significant upturn, soaring by 44%, marking the most impressive gain among the eclipse years that were analyzed.
<ul>
<li>Additional years with substantial growth included a 30% rise in 1925, a 26.6% increase in 1945, and a 25.1% jump in 2017,&nbsp;<a href="https://www.datawrapper.de/_/UvQxV/">data </a>compiled by the Detroit Free Press shows.&nbsp;</li>
<li>However, not every eclipse year brought positive results. The Dow also faced downturns, such as a 33.8% drop in 1930, a 23.1% decrease in 1932, and a 3.3% fall in 1923, highlighting the volatility and unpredictability of these periods.</li>
</ul>
However, not all eclipse years have been prosperous, with notable downturns during the early years of the Great Depression.
The Dow&#39;s performance in 2024 so far has been nothing short of spectacular. It is flirting&nbsp;with the 40,000-point mark and setting&nbsp;records.
As millions of Americans prepare to witness the rare solar eclipse on April 8, companies are bracing for a significant economic impact.
Photo: Shutterstock
Also Read:&nbsp;<a href="https://www.benzinga.com/news/24/02/37333641/total-solar-eclipse-2024-where-and-how-to-watch-the-ring-of-fire-safely">Total Solar Eclipse 2024: Where And How To Watch The &#39;Ring Of Fire&#39; Safely</a>
This event, not to be repeated until 2044, is incredibly lucrative for a number of companies, drawing an estimated 4 million travelers along its path from Texas to Maine.
The economic infusion anticipated from this celestial event is staggering, with forecasts suggesting a $1.5 billion boon to businesses within the eclipse&#39;s corridor.
MarketWatch <a href="https://www.marketwatch.com/story/solar-eclipse-airbnb-united-airlines-and-other-brands-sharing-1-5-billion-in-path-of-totality-profits-5b2840cb">reported&nbsp;</a>that lodging services like Airbnb (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abnb#NASDAQ">ABNB</a>) are at the forefront of this windfall, experiencing a surge in bookings.&nbsp;The company reported&nbsp;a 1,000% increase in searches year-over-year, with 90% occupancy for listings in prime viewing areas such as Indianapolis and Austin.
Hotels are not far behind, with chains like Choice Hotels International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chh#NYSE">CHH</a>) noting fully booked establishments across the eclipse&#39;s trajectory.
The demand surge has also affected flight bookings, with United Airlines (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ual#NASDAQ">UAL</a>) and Alaska Airlines (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/alk#NYSE">ALK</a>) witnessing significant increases in passenger numbers heading to eclipse hotspots.
The event has catalyzed a broad spectrum of economic activity beyond accommodations and travel.
Retailers like Amazon.com Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), Walmart Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wmt#NYSE">WMT</a>), and Target Corp&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgt#NYSE">TGT</a>) have seen an uptick in sales for eclipse-related products, from viewing glasses to portable chairs, indicating widespread consumer engagement with the event.
As investors and enthusiasts turn their gaze upward for the April 8 spectacle, many will also watch market indicators, hoping for celestial signs to align with financial fortunes.
Now Read:&nbsp;<a href="https://www.benzinga.com/news/24/03/37768967/astronomical-dining-heres-how-much-you-need-to-shell-out-for-the-worlds-first-michelin-starred-meal">Astronomical Dining: Here&#39;s How Much You Need To Shell Out For The World&#39;s First Michelin-Starred Meal In Space</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

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Oracle Hospitality Hotel Merchandising Solution to be Offered to Choice Hotels International's Portfolio of Upscale Hotels

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Choice Hotels Intl (CHH) Forecast

Choice Hotels Intl (NYSE:CHH) Stock, Quote.Headers.trade-ideas