Choice Hotels Intl Stock (NYSE:CHH), 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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While some investors often look to the stars for strategies, one unique analysis sheds light on how the stock market responds to solar eclipses in the U.S.

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WH, Wyndham Hotels

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Management

Movers

General

Choice Hotels International revealed the expiration of the exchange offer to acquire Wyndham Hotels &amp; Resorts and also withdrew its nomination of independent director candidates for election at Wyndham&#39;s 2024 Annual Meeting of Stockholders.

What&#39;s Going On With Choice Hotels &amp; Wyndham Shares Today?

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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

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 raises the price target from $142 to $146.

Price Target

Analyst Ratings

Truist Securities Maintains Hold on Choice Hotels Intl, Raises Price Target to $146

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 raises the price target from $138 to $140.

Baird Maintains Outperform on Choice Hotels Intl, Raises Price Target to $140

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 raises the price target from $119 to $122.

Barclays Maintains Underweight on Choice Hotels Intl, Raises Price Target to $122

WIIM

Choice Hotels shares are trading higher after the company announced the expiration of the exchange offer to acquire Wyndham Hotels & Resorts and said it intends to continue focusing on its standalone strategy.

Choice Hotels International, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) revealed the expiration of the exchange offer to acquire&nbsp;Wyndham Hotels &amp; Resorts, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WH#NYSE">WH</a>) and also withdrew its nomination of independent director candidates for election at&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/n37580451/choice-hotels-provides-update-on-exchange-offer-and-proposal-to-acquire-wyndham-hotels-resorts" rel="noreferrer noopener">Wyndham&#8217;s 2024 Annual Meeting of Stockholders.</a>
Choice said it intends to continue focusing on its standalone strategy. The exchange offer expired on March 8, 2024. 
Since beginning this process in April 2023, Choice said it has attempted to engage in good-faith negotiations with Wyndham through numerous different avenues, including increasing the proposed offer multiple times and expressing an openness to further enhancing the offer with due diligence.
Earlier in the day, through a letter to its shareholders,&nbsp;Wyndham Hotels urged its shareholders to support only its eight Director nominees and&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/n37579968/wyndham-board-of-directors-sends-letter-to-shareholders-highlighting-clear-path-to-deliver-value-s" rel="noreferrer noopener">not those from&nbsp;Choice Hotels</a>.
Justifying its request, Wyndham said it had a clear path to deliver shareholder value substantially in excess of Choice&#8217;s uncertain offer. Wyndham said its Board had made it clear that in order to make its proposal viable for shareholders, Choice must adequately address the three key issues Wyndham has raised: insufficient valuation, unattractive consideration mix, and asymmetrical regulatory risk.
Related:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/23/11/35912594/wyndham-hotels-turns-down-another-acquisition-attempt-by-choice-hotels" rel="noreferrer noopener">Wyndham Hotels Turns Down Another Acquisition Attempt By Choice Hotels</a>
Choice Hotels Stock Buyback: The company further announced that its Board has approved an increase in the number of shares authorized under its share repurchase program by five million shares. When added to the remaining number of available shares previously authorized for repurchase, this results in a total authorization of approximately 6.8 million shares.
Price Action: WH stock is lower by 3.13% at $73.70, and CHH shares are up 6.17% at $128.50 premarket Monday.
Photo via Wikimedia Commons

What's Going On With Choice Hotels & Wyndham Shares Today?

<h3>Gainers</h3>
<ul>
<li>SRIVARU Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) shares rose 11.5% to $0.26 during Monday's pre-market session. The company's market cap stands at $8.4 million. </li>
<li>Smart Share Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EM#NASDAQ">EM</a>) shares rose 11.47% to $0.68. The company's market cap stands at $176.6 million. </li>
<li>Jiuzi Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JZXN#NASDAQ">JZXN</a>) shares increased by 11.27% to $1.48. The market value of their outstanding shares is at $174.1 million. </li>
<li>Aterian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATER#NASDAQ">ATER</a>) shares rose 7.62% to $0.54. The market value of their outstanding shares is at $48.5 million. </li>
<li>Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) stock increased by 6.83% to $129.3. The market value of their outstanding shares is at $6.4 billion. </li>
<li>Hesai Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) stock increased by 6.42% to $6.13. The company's market cap stands at $769.5 million. The company's, Q4 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Barnes &amp; Noble Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) shares declined by 18.7% to $0.74 during Monday's pre-market session. The company's market cap stands at $39.2 million. </li>
<li>EpicQuest Education Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEIQ#NASDAQ">EEIQ</a>) stock decreased by 7.26% to $0.88. The company's market cap stands at $11.1 million. </li>
<li>Koss (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOSS#NASDAQ">KOSS</a>) shares decreased by 6.62% to $2.4. The market value of their outstanding shares is at $22.2 million. </li>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares declined by 6.42% to $1.46. The market value of their outstanding shares is at $4.5 million. </li>
<li>ATA Creativity Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AACG#NASDAQ">AACG</a>) shares fell 5.1% to $1.49. The company's market cap stands at $46.7 million. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) shares fell 4.91% to $0.21. The company's market cap stands at $4.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AACG

ATER

BNED

EEIQ

HSAI

JFBR

JZXN

KOSS

SVMH

12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session

In the last three months, 5 analysts have published ratings on Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), offering a diverse range of perspectives from bullish to bearish.
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;">1</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;">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>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;">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 $124.6, a high estimate of $156.00, and a low estimate of $96.00. This current average reflects an increase of 13.02% from the previous average price target of $110.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1710158525_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Choice Hotels Intl. The following summary 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>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>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$96.00</td>
<td>$119.00</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: 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: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Capture valuable insights into Choice Hotels Intl's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic 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>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>Key Indicators: Choice Hotels Intl's Financial Health</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 December, 2023, the company experienced a decline of approximately -0.99% 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 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 ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.25% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Choice Hotels Intl's debt-to-equity ratio stands notably higher than the industry average, reaching 47.24. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Understanding the Relevance of Analyst Ratings</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.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

5 Analysts Have This To Say About Choice Hotels Intl

Jefferies analyst David Katz upgrades Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) from Underperform to Hold and raises the price target from $96 to $156.

Upgrades

Jefferies Upgrades Choice Hotels Intl to Hold, Raises Price Target to $156

When added to the remaining number of available shares previously authorized for repurchase, this results in a total authorization of approximately 6.8 million shares.

Buybacks

Choice Hotels Board Approves Increase In Number Of Shares Authorized Under Its Share Repurchase Program By 5M Shares

As such, Choice has decided not to extend the exchange offer and is withdrawing its slate. Choice intends to continue focusing on its standalone strategy, which the Company is confident will create significant long-term value for its stockholders and franchisees.

Choice Hotels Reports Expiration Of Exchange Offer And Withdrawal Of Independent Director Candidates For Election At Wyndham's 2024 Annual Meeting

Wyndham sais it has a clear path to deliver shareholder value substantially in excess of Choice&#39;s inadequate and uncertain offer.&nbsp;

Wyndham Urges Shareholders To Support Only Company's Eight Director Nominees And Not The Nominees From Choice Hotels

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>Arko Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arko#NASDAQ">ARKO</a>)</h3>
<ul>
<li>On Feb. 27, ARKO reported worse-than-expected fourth-quarter revenue results and issued FY24 net income guidance. &ldquo;Reflecting on our first three years as a public company, we have significantly broadened our geographic footprint through acquisitions, and have delivered approximately $166 million in net income and approximately $850 million in cumulative adjusted EBITDA over this period,&rdquo; said Arie Kotler, Chairman, President and Chief Executive Officer of ARKO. The company&rsquo;s stock fell around 18% over the past five days and has a <a href="https://www.benzinga.com/quote/ARKO">52-week low of $6.26 </a>.</li>
<li>RSI Value: 24.14</li>
<li>ARKO Price Action: Shares of Arko gained 0.2% to close at $6.51 on Monday.</li>
</ul>
<h3>Choice Hotels International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chh#NYSE">CHH</a>)</h3>
<ul>
<li>On Feb. 20, Choice Hotels Intl posted upbeat quarterly earnings. The company&rsquo;s stock fell around 9% over the past month. It <a href="https://www.benzinga.com/quote/CHH"> has a 52-week low </a> of $109.01.</li>
<li>RSI Value: 29.35</li>
<li>CHH Price Action: Shares of Choice Hotels International fell 0.2% to close at $109.60 on Monday.</li>
</ul>
<h3>Standard Motor Products, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smp#NYSE">SMP</a>)</h3>
<ul>
<li>On Feb. 22, Standard Motor Products reported worse-than-expected fourth-quarter financial results and issued guidance. Mr. Eric Sills, Standard Motor Products&#39; Chairman and Chief Executive Officer stated, &quot;Overall we were disappointed in our results. Sales were down 1% in 2023, with the fourth quarter finishing softer than expected, down 5.7% from last year. As we look at our two end markets, we were very pleased with the continued solid performance in our Engineered Solutions business as we experienced strong growth with both new and existing customers.&quot; The company&rsquo;s stock fell around 23% over the past monthand has a 52-week <a href="https://www.benzinga.com/quote/SMP"> low of $30.15.</a></li>
<li>RSI Value: 22.34</li>
<li>SMP Price Action: Shares of Standard Motor Products fell 0.2% to close at $31.03 on Monday.</li>
</ul>
<h3>Big 5 Sporting Goods Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bgfv#NASDAQ">BGFV</a>)</h3>
<ul>
<li>On Feb. 27, Big 5 Sporting Goods posted a wider-than-expected quarterly loss. The company&rsquo;s shares lost around 18% over the past five days. The company&rsquo;s 52-week low is $4.25.</li>
<li>RSI Value: 29.31</li>
<li>BGFV Price Action: Shares of Big 5 Sporting Goods dipped 5.7% to close at $4.43 on Monday.</li>
</ul>
<h3>Rivian Automotive, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rivn#NASDAQ">RIVN</a>)</h3>
<ul>
<li>On Feb. 21, Rivian reported fourth-quarter revenue of $1.32 billion, which beat a Street consensus estimate of $1.26 billion, according to data from Benzinga Pro. &quot;We made great progress in 2023 despite economic headwinds, and we&#39;re excited about the year ahead. We firmly believe in the full electrification of the automotive industry but recognize in the short-term, the challenging macro-economic conditions,&quot; Rivian CEO RJ Scaringe said. The company&rsquo;s shares fell around 27% over the past month. The company <a href="https://www.benzinga.com/quote/RIVN"> has a 52-week low </a> of $10.05.</li>
<li>RSI Value: 28.05</li>
<li>RIVN Price Action: Shares of Rivian Automotive fell 3.9% to close at $10.91 on Monday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/03/37474323/stitch-fix-target-and-3-stocks-to-watch-heading-into-tuesday"> Stitch Fix, Target And 3 Stocks To Watch Heading Into Tuesday </a>

Top 5 Consumer Stocks You'll Regret Missing This Quarter

Choice Hotels International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) (&quot;Choice&quot;) urges the stockholders of Wyndham Hotels &amp; Resorts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WH#NYSE">WH</a>) (&quot;Wyndham&quot;) to tender their shares into the exchange offer ahead of its expiration at&nbsp;5:00 p.m. ET on Friday, March 8, 2024. Tendering shares will send a clear message to Wyndham&#39;s board of directors to constructively engage with Choice to reach a consensual agreement on the terms of a transaction. Depending on participation, Choice intends to either extend or terminate the exchange offer and will evaluate next steps related to its nomination of a slate of independent directors for election to the board of directors of Wyndham.

Choice Hotels Urges Wyndham Stockholders to Tender Their Shares Before the March 8 Deadline

Across the recent three months, 4 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;">1</td>
<td style="text-align: right;">0</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;">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;">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;">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>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;">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 $116.75, a high estimate of $138.00, and a low estimate of $96.00. This current average has increased by 1.52% from the previous average price target of $115.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1708531279_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</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>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>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$96.00</td>
<td>$119.00</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 set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</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, 2022, Choice Hotels operated 628,000 rooms across 13 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 added its 13th brand with the launch of extended-stay Everhome in January 2020. Choice closed on its Radisson acquisition in August 2022, which added around 70,000 rooms. Franchises account for 99% of total revenue, and the United States represent 79% of total rooms in 2022.
<h3>Choice Hotels Intl: Financial Performance Dissected</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 Growth: Choice Hotels Intl displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 2.73%. This indicates a notable increase 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 21.51%, 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 144.05% ROE, the company effectively utilizes shareholder equity capital.
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 4.18%, the company showcases efficient use of assets and strong financial health.
Debt Management: Choice Hotels Intl's debt-to-equity ratio surpasses industry norms, standing at 20.79. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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.

What Analysts Are Saying About Choice Hotels Intl Stock

Early indications point to a dour mood as Wall Street reopens after the <a href="https://www.benzinga.com/news/24/02/37196072/presidents-day-sees-wall-street-pause-nasdaq-nyse-shut-doors-today">President&#8217;s Day public holiday, </a>with all three major index futures trading moderately lower. Home Depot, Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) results disappointed as the home-improvement retailer reported a sales decline for 2023, while Walmart, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) rose after the company agreed to buy VIZIO Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZIO#NYSE">VZIO</a>) and reported solid quarterly results.
Traders will likely stay cautious ahead of earnings from Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), due Wednesday, as the recent market run-up has been premised on AI-spending that will justify the stretched valuations of tech stocks. &#8220;Nvidia's earnings announcement this week and its guidance should signal that&nbsp;the AI dominance will continue,&#8221; said fund manager Louis Navellier.&nbsp; 
&#8220;Frankly, with 215.8% forecasted sales growth, plus 387.5% forecasted earnings growth, Nvidia is expected to post spectacular quarterly results and issue positive guidance.&#8221;
Cues From Past Week&#8217;s Trading:
The two inflation reports released last week spooked investors in the week ended Feb. 16, forcing them to revise their odds of a March rate cut. In the process, the major indices, namely the Dow Industrials, the S&amp;P 500 Index, and the Nasdaq Composite snapped their five-week winning run. The only consolidation is that the S&amp;P 500 held the 5,000 level. 
On the other hand, small-cap stocks bucked the downtrend and ended notably higher for the week.
 US Index Performance In Week Ended Feb. 16
<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>-1.35%</td>
<td>15,775.65</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>-0.42%</td>
<td>5,005.57</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.11</td>
<td>38,627.99</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.75%</td>
<td>2,045.14</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> Analyst Color:</figcaption></figure>
The past week&#8217;s pullback did not deter a bullish analyst, who continues to bet on another year of solid performance for the stock market. 
While the S&amp;P 500 Index gained close to 25% in 2023, it experienced a 7.8% pullback from early February to mid-March amid the regional banking crisis, said Carson Group&#8217;s Ryan Detrick. The broader gauge also saw a 10.2% correction from end-July to Oct. 27, he added.
&#8220;This is normal, even for great yrs to have some scary moments,&#8221; the analyst said. 
Futures Today
 Futures Performance On Tuesday
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.39%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.27%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.30%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.61%</td>
</tr>
</tbody>
</table>
</figure>
<a href="https://www.benzinga.com/premarket/">In premarket trading</a> on Tuesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 0.26% to $498.20 and the Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) 0.39% to $428.91, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data.</a>
Upcoming Economic Data:
The holiday-shortened week&#8217;s economic calendar is dominated by Fed speeches and comments by central bank officials that can cause gyrations in the market. The next rate-setting meeting of the Federal Open Market Committee is scheduled for March 19-20 and the central bank officials go into a quiet period between March 9 and 21.
Traders may also focus on the minutes of the January FOMC meeting, the Conference Board&#8217;s leading economic index for January, the weekly jobless claims report, the January existing home sales report and S&amp;P Global&#8217;s flash U.S. manufacturing and service sector readings.
On Monday, the Conference Board is set to release the leading economic index for January at 10 a.m. ET. Economists, on average, expect another down month. The LEI may have dipped 0.3% month-over-month in January, steeper than the 0.1% drop in December.
The Treasury will auction three- and six-month bills at 11:30 a.m. ET and 52-week bills at 1 p.m. ET.
See also:<a> </a><a href="https://www.benzinga.com/money/futures-vs-options">Futures Vs. Options</a>
Stocks In Focus:
<ul>
<li>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) rallied over 12.70% <a href="https://www.benzinga.com/premarket">in premarket trading </a>after the company agreed to be acquired by Capital One Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>). The latter fell nearly 5.5%.</li>
<li>GLOBALFOUNDRIES Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) climbed over t% after the U.S. government awarded the company $1.5 billion under the Biden administration&#8217;s  CHIPS and Science Act that was passed in mid-2022.</li>
<li>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) added over 4% in reaction to reports that the chipmaker is in talks with the government regarding $10 billion subsidies.</li>
<li>SSR Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>) resumed its slide as the stock fell over 12% after the company said the Turkish Government authorities chose to temporarily suspend search and rescue activities in order to focus on the stabilization of the heap leach area. The company also postponed its earnings release date to Feb. 27. Last week, the stock came under intense selling pressure after it suspended production at a mine in eastern Turkey after a landslide.</li>
<li>The <a href="https://www.benzinga.com/calendars/earnings">major companies reporting their quarterly results before the market opens</a> are Choice Hotels International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>), Expeditors International of Washington, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPD#NYSE">EXPD</a>), Fluor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>), Owens &amp; Minor, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) and Visteon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VC#NYSE">VC</a>).</li>
<li>Those reporting after the close include Caesars Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), Chesapeake Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NASDAQ">CHK</a>), Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>), La-Z-Boy Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>), Matterport, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTTR#NASDAQ">MTTR</a>), Palo Alto Network, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) and Workiva Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WK#NYSE">WK</a>).</li>
</ul>
Commodities, Bonds, Other Global Equity Markets:
Crude oil futures fell 1.11% to $77.59 in early European session on Tuesday after the commodity rallied by 3.63% in the week ended Feb. 16. The benchmark 10-year Treasury note slipped 0.018 percentage points at 4.277%. 
The Asian markets ended on a mixed note due to a lack of lead from Wall Street overnight and China&#8217;s central bank&#8217;s move to cut its five-year loan prime rate by 25 basis points to 3.95%. The cut assumes importance as the five-year LPR is used as a reference rate for mortgage rates. The one-year PLR was maintained unchanged at 3.45%.
The Chinese market, which reopened after a weeklong holiday, posted uneasy gains and the Hong Kong market advanced, while the South Korean, Japanese, New Zealand, and Australian markets retreated.
European stocks traded on a lackluster note late morning on Tuesday, with the Euro Stoxx 50 Index down about 0.1%.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/02/37206424/nvidias-rally-steals-limelight-but-this-unsung-ai-levered-stock-has-witnessed-a-9-900-rocket-rid">Nvidia&#8217;s Rally Steals Limelight, But This Unsung AI-Levered Stock Has Witnessed A 9,900% Rocket Ride Since 2007 IPO</a>

Earnings

Futures

Previews

Economics

Federal Reserve

EXPD

FANG

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MTTR

NVDA

PANW

SSRM

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US Stocks Set For Weaker Open On Mixed Retail Earnings, But Analyst Shrugs Off Weakness As 'Scary Moments' In Great Years

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MATX

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Earnings Scheduled For February 20, 2024

<div>The company provided full-year 2024 net income&nbsp;guidance&nbsp;of&nbsp;$260 million&nbsp;and&nbsp;$274 million. Adjusted EBITDA for full-year 2024 is expected to range between&nbsp;$580 million&nbsp;to&nbsp;$600 million.</div>

Guidance

Choice Hotels Expects FY24 Adjusted EPS Of $6.30-$6.60, Est $6.75

Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) reported its Q4 earnings results on Tuesday, February 20, 2024 at 06:30 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Choice Hotels Intl beat estimated earnings by 6.67%, reporting an EPS of $1.44 versus an estimate of $1.35.
Revenue was down $3.59 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.04 which was followed by a 3.58% drop in the share price the next day.
Here's a look at Choice Hotels Intl's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.86</td>
<td>1.70</td>
<td>1.01</td>
<td>1.05</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.82</td>
<td>1.75</td>
<td>1.12</td>
<td>1.26</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>431.90M</td>
<td>422.58M</td>
<td>315.69M</td>
<td>348.95M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>425.56M</td>
<td>427.42M</td>
<td>332.79M</td>
<td>361.98M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Choice Hotels Intl <a href="https://www.benzinga.com/quote/CHH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Choice Hotels Intl Q4 Earnings

Choice Hotels Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) reported quarterly Adj earnings of $1.44 per share which beat the analyst consensus estimate of $1.35 by 6.67 percent. This is a 14.29 percent increase over earnings of $1.26 per share from the same period last year. The company reported quarterly sales of $358.40 million which missed the analyst consensus estimate of $370.40 million by 3.24 percent. This is a 0.99 percent decrease over sales of $361.98 million the same period last year.

Choice Hotels Intl Q4 Adj EPS $1.44 Beats $1.35 Estimate, Sales $358.40M Miss $370.40M Estimate

The 62 rating InvestorsObserver gives to Choice Hotels International Inc (CHH)  stock puts it near the top of the Lodging industry. In addition to scoring higher than 77 percent of stocks in the Lodging industry, CHH's 62 overall rating means the stock scores better than 62 percent of all stocks. CHH has an Overall Score o

Choice Hotels International Inc (CHH) is up 0.49% in a Week, Should You Buy?

Overall market sentiment has been neutral on Choice Hotels International Inc (CHH)  stock lately. CHH receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator. Choice Hotels International Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on CHH!See Full

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Choice Hotels: Favorable Developments

Choice Hotels International Inc (CHH) stock has risen 9.12% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserverâ€&#x2122;s proprietary ranking system, gives CHH stock a score of  52 out of a possible 100. That rank is chiefly influenced by a long-term technical score of 59. CHH's ra

Is Choice Hotels International Inc (CHH) Stock Worth a Buy Wednesday?

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Nike (NKE – Research Report), Darden (DRI –...

Analysts Conflicted on These Consumer Cyclical Names: Nike (NKE), Darden (DRI) and Choice Hotels (CHH)

Choice Hotels International Inc (CHH) is near the top in its sector according to InvestorsObserver.CHH gets an overall rating of 62. That means it scores higher than 62% of stocks.Choice Hotels International Inc gets a 81 rank in the Consumer Cyclical sector. Consumer Cyclical is number 5 out of 11 sectors. CHH has an Over

Is Choice Hotels International Inc (CHH) a Good Buy in the Consumer Cyclical Sector?

InvestorsObserver is giving Choice Hotels International Inc (CHH) an Analyst Rating Rank of 20, meaning CHH is ranked higher by analysts than 20% of stocks. The average price target for CHH is $132.7 and analyst's rate the stock as a Buy. Wall Street analysts are rating CHH a Buy today.  Find out what this means to you and

What is Wall Street's Target Price for Choice Hotels International Inc (CHH) Stock Thursday?

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
While it&rsquo;s an adventurous idea in more ways than one, if you believe in the lasting power of revenge travel, these ideas for best <a href="https://investorplace.com/industries/consumer-discretionary/travel/">travel stocks</a> to buy in April could be enticing.



According to <a href="https://www2.deloitte.com/us/en/insights/industry/retail-distribution/holiday-travel-survey.html">research from Deloitte</a>, the immediacy of the revenge travel sentiment has likely waned. After all, it&rsquo;s been a while since governments across the world opened their borders following the Covid-19 disaster. Going abroad is no longer a must-have novelty experience. Nevertheless, consumers may prioritize vacationing in a way that they&rsquo;ve never done before.



To be sure, investors should be cognizant of risk factors. Currently, there <a href="https://www.cnbc.com/2024/04/04/stock-market-today-live-updates.html">appears to be a rotation</a> away from risk-on names. As well, the sector at hand depends heavily on the health of the economy. Still, if you believe in the aforementioned trend, these are the best travel stocks to buy in April.



<h2>Uber (UBER)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/uber1600-300x169.png" alt="Uber sign on its headquarters building in San Francisco, California, USA - June 6, 2023. Uber Technologies is a transportation conglomerate."><div>Source: JHVEPhoto / Shutterstock.com</div></div>While not the purest enterprise in the industry, ride-sharing pioneer Uber (NYSE:<a href="https://investorplace.com/stock-quotes/uber-stock-quote/">UBER</a>) nevertheless ranks as one of the best travel stocks to buy in April. Fundamentally, that&rsquo;s because Uber helps &ldquo;decentralize&rdquo; mobility abroad. Prior to ride-sharing platforms, people had to know some linguistic basics to get around. Now, all you have to do is push some buttons on your phone.



From personal experience, I&rsquo;ve used Uber in countries thousands of miles away from my home. It&rsquo;s really a beautiful innovation. Plus, in this sense, I appreciate Uber more than its rival Lyft (NASDAQ:<a href="https://investorplace.com/stock-quotes/lyft-stock-quote/">LYFT</a>). The former simply features far more coverage than the latter. Plus, aside from a hiccup in the third quarter, the company has impressed in terms of quarterly earnings performances.



For fiscal 2024, experts are projecting earnings per share of $1.34. That&rsquo;s well above last year&rsquo;s EPS of 87 cents. Also, they&rsquo;re looking for revenue of $43.3 billion, up 16.1% from 2023&rsquo;s tally of $37.28 billion.



Overall, analysts rate shares a <a href="https://www.tipranks.com/stocks/uber/forecast">consensus strong buy</a> with an $87.19 price target, implying over 16% upside potential.



<h2>Choice Hotels (CHH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/08/chh-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the Choice Hotels (CHH) website."><div>Source: II.studio / Shutterstock.com</div></div>A hotel franchisor, Choice Hotels (NYSE:<a href="https://investorplace.com/stock-quotes/chh-stock-quote/">CHH</a>) operates in the U.S. and internationally. It conducts business through two segments: Hotel Franchising &amp; Management and Corporate &amp; Other. In particular, CHH makes an intriguing idea for best travel stocks to buy in April because of its ownership of discount brands. Yes, people may want to enjoy their rest and relaxation. However, they probably want to do so cheaply.



For full disclosure, CHH stock is a choppy asset. Over the past one-year period, it gained under 3%. And no, we&rsquo;re not talking about a security that merely inched its way forward every month. That said, the underlying company is surprisingly stout. Aside from an EPS miss in Q3, the company beat all other quarterly targets last year. Overall, the average positive earnings surprise came out to 5.1%.



For the current fiscal year, analysts anticipate EPS to reach $6.38. That&rsquo;s a decent improvement over last year&rsquo;s result of $6.11. Further, they see revenue moving to $1.6 billion, an increase of 3.7% over last year&rsquo;s tally of $1.54 billion. Thanks to its relevance, CHH could be one of the best travel stocks to buy in April.



<h2>Southwest Airlines (LUV)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/luv1600-300x169.jpg" alt="a southwest airline stocks (LUV) jet flying above the clouds"><div>Source: Carlos E. Santa Maria / Shutterstock.com</div></div>Dialing up the risk-reward factor for the best travel stocks to buy in April, we have discount airliner Southwest Airlines (NYSE:<a href="https://investorplace.com/stock-quotes/luv-stock-quote/">LUV</a>). Fundamentally and without recent context, the narrative makes perfect sense. People who prioritize new experiences will probably want to focus on that &ndash; the experiences, not the flights themselves. So, buying discount airfare seems a reasonable idea.



However, Southwest is heavily dependent on Boeing (NYSE:<a href="https://investorplace.com/stock-quotes/ba-stock-quote/">BA</a>). And because Boeing has its own set of serious troubles, the matter has <a href="https://www.fool.com/investing/2024/03/12/why-southwest-airlines-stock-is-flying-lower-today/">forced the airliner to reevaluate its 2024 guidance</a>. Management stated that it will provide an updated forecast on April 25. Based on the more than 11% loss in value over the past 52 weeks, the market is skeptical.



Nevertheless, it&rsquo;s also possible that the company could reveal better-than-expected news. If that happens, LUV stock could fly higher. Also, the basic narrative remains viable. If people do prioritize traveling, they will want cheap airfare.



If anything, LUV trades at <a href="https://www.gurufocus.com/stock/LUV/summary?search=luv">only 0.69X trailing-year revenue</a>. It might be worth looking at if you don&rsquo;t mind contrarian speculation.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/the-3-best-travel-stocks-to-buy-in-april-2024/">The 3 Best Travel Stocks to Buy in April 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

The 3 Best Travel Stocks to Buy in April 2024

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Press Releases

Wyndham Board of Directors Sends Letter to Shareholders Highlighting Clear Path to Deliver Value Substantially in Excess of Choice's Inadequate and Risk-Laden Offer

Choice Hotels Provides Update on Exchange Offer and Proposal to Acquire Wyndham Hotels & Resorts

Wyndham Comments on Expiration of Choice's Unsolicited Exchange Offer and Withdrawal of Director Nominees

Less than a Month Away from the Total Solar Eclipse, Travelers are Booking Hotels at a Record Rate of 800% Compared to Last Year

Lifestyle Hotel Sleep Inn Unveils Newly Redesigned Guestrooms and Common Areas as Part of its Scenic Dreams Prototype, Developed in Collaboration with Owners and Operators

Choice Privileges Launches Auction Tool Allowing Members to Bid on Newly Released Music & Sports Experiences for Multi-Platinum Recording Artist Kane Brown, the Washington Wizards and Washington Capitals

Choice Hotels Promotes Sireesha Kunduri to Chief of Product Engineering

Digital Redemption Unlocked: Choice Privileges Makes It Easier for Members to Use Points for Luxury Stays at Preferred Hotels & Resorts

Choice Hotels Promotes Judd Wadholm to Senior Vice President and General Manager, Core Brands

Social Media

Choice Hotels and Influencer Jimmy Darts Make Travels Come True with Vacation Giveaway on TikTok for Two Deserving Families

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Atour Lifestyle Holdings Limited - American Depositary Shares

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Global Business Travel Group, Inc. Class A Common Stock

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GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share

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Hyatt Hotels Corporation Class A Common Stock

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Choice Hotels Intl Stock (NYSE:CHH), Trade Ideas