Professional
Added to YB: 2024-01-08
Pitch date: 2024-01-08
CHH [bullish]
Choice Hotels International, Inc.
-6.4%
current return
Author Info
No bio for this author
Company Info
Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor in the United States and internationally.
Market Cap
$4.8B
Pitch Price
$113.08
Price Target
140.00 (+32%)
Dividend
1.09%
EV/EBITDA
13.54
P/E
13.40
EV/Sales
6.94
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Choice Hotels International, Inc (CHH - Outperform)
CHH: Wyndham takeover uncertainty weighs on discounted valuation of asset-light biz w/ strong earnings growth & stock appreciation. EPS +9% CAGR since '18 under new CEO. Merger benefits from scale & cost synergies, but risks remain. $140 PT on 14.5x '24 EBITDA. Risks: competition, merger uncertainty, loyalty, price-conscious travelers.
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