News articles about La Quinta (NYSE:LQ) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. La Quinta earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.9885480062033 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of equities analysts have commented on LQ shares. Morgan Stanley restated a “buy” rating and issued a $22.00 price target (down from $23.00) on shares of La Quinta in a research report on Thursday, March 1st. ValuEngine upgraded shares of La Quinta from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. UBS Group lowered shares of La Quinta from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. Finally, Stifel Nicolaus restated a “hold” rating and issued a $18.00 price target (down from $19.00) on shares of La Quinta in a research report on Thursday, March 1st. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $25.80.
Shares of La Quinta opened at $21.62 on Friday, MarketBeat.com reports. La Quinta has a 1 year low of $13.61 and a 1 year high of $21.74. The company has a market cap of $2.53 billion, a PE ratio of 74.55, a P/E/G ratio of 11.77 and a beta of 1.74. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 2.07.
La Quinta (NYSE:LQ) last announced its earnings results on Tuesday, May 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.06). La Quinta had a return on equity of 3.13% and a net margin of 13.87%. The company had revenue of $228.80 million for the quarter, compared to analyst estimates of $229.52 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. La Quinta’s revenue for the quarter was down 2.3% on a year-over-year basis. research analysts predict that La Quinta will post 0.37 EPS for the current year.
About La Quinta
La Quinta Holdings Inc owns, operates, and franchises select-service hotels. As of December 31, 2017, the company had 902 hotels, which included 317 owned and operated, as well as 585 franchised hotels with approximately 88,400 rooms under the La Quinta Inn, La Quinta Inn & Suites, and LQ Hotel trademarks primarily in 48 states of the United States, as well as in Canada, Mexico, Honduras, and Colombia.
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