News headlines about La Quinta (NYSE:LQ) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. La Quinta earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.4706331930336 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
LQ stock opened at $19.28 on Monday. The company has a debt-to-equity ratio of 2.02, a quick ratio of 1.15 and a current ratio of 1.15. La Quinta has a fifty-two week low of $13.11 and a fifty-two week high of $21.06. The stock has a market capitalization of $2,262.35, a P/E ratio of 66.48, a PEG ratio of 8.88 and a beta of 1.74.
La Quinta (NYSE:LQ) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.04). La Quinta had a return on equity of 4.85% and a net margin of 15.50%. The firm had revenue of $214.30 million during the quarter, compared to analyst estimates of $222.41 million. During the same period last year, the business earned $0.01 EPS. The firm’s revenue was down 3.7% on a year-over-year basis. research analysts forecast that La Quinta will post 0.43 earnings per share for the current fiscal year.
A number of analysts have weighed in on LQ shares. Zacks Investment Research cut shares of La Quinta from a “hold” rating to a “sell” rating in a report on Tuesday, December 19th. Morgan Stanley raised shares of La Quinta from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 17th. Goldman Sachs raised shares of La Quinta from a “sell” rating to a “neutral” rating in a report on Friday, January 19th. Deutsche Bank increased their price objective on shares of La Quinta to $23.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Finally, Wells Fargo cut shares of La Quinta from an “outperform” rating to a “market perform” rating in a report on Monday, January 22nd. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $21.00.
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La Quinta Company Profile
La Quinta Holdings Inc is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale sectors under the La Quinta brand. The Company’s segments include owned hotels, franchise and management, and corporate and other. The owned hotels segment is engaged in the operation of owned hotel properties.
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