La Quinta Holdings (LQ) Receiving Somewhat Favorable News Coverage, Study Shows

News headlines about La Quinta Holdings (NYSE:LQ) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. La Quinta Holdings earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.5036893445787 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern’s analysis:

A number of brokerages recently commented on LQ. TheStreet raised La Quinta Holdings from a “c” rating to a “b” rating in a report on Tuesday, August 8th. BidaskClub raised La Quinta Holdings from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. Zacks Investment Research cut La Quinta Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 21st. Finally, Morgan Stanley raised La Quinta Holdings from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $14.50 to $16.00 in a report on Thursday, June 15th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $13.41.

La Quinta Holdings (NYSE:LQ) traded down 0.98% during midday trading on Friday, reaching $16.23. The company’s stock had a trading volume of 851,560 shares. The stock’s 50 day moving average price is $15.57 and its 200-day moving average price is $14.43. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 45.85 and a beta of 1.85. La Quinta Holdings has a one year low of $9.73 and a one year high of $16.68.

La Quinta Holdings (NYSE:LQ) last posted its earnings results on Monday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.03. La Quinta Holdings had a net margin of 4.13% and a return on equity of 7.28%. The business had revenue of $263.40 million for the quarter, compared to analyst estimates of $260.44 million. During the same period in the prior year, the company posted $0.21 EPS. The company’s revenue for the quarter was down 2.3% on a year-over-year basis. On average, analysts forecast that La Quinta Holdings will post $0.39 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “La Quinta Holdings (LQ) Receiving Somewhat Favorable News Coverage, Study Shows” was originally posted by Transcript Daily and is owned by of Transcript Daily. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at https://transcriptdaily.com/2017/09/17/la-quinta-holdings-lq-receiving-somewhat-favorable-news-coverage-study-shows.html.

La Quinta Holdings 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.

Insider Buying and Selling by Quarter for La Quinta Holdings (NYSE:LQ)

Receive News & Ratings for La Quinta Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for La Quinta Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply