La Quinta (LQ) Earns News Sentiment Score of 0.13
News stories about La Quinta (NYSE:LQ) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. La Quinta earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.7228687828668 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several research firms recently commented on LQ. TheStreet lowered shares of La Quinta from a “b” rating to a “c+” rating in a research note on Thursday, November 2nd. Zacks Investment Research lowered shares of La Quinta from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. UBS raised shares of La Quinta from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Finally, Wells Fargo & Company upgraded shares of La Quinta from a “market perform” rating to an “outperform” rating and set a $22.00 target price on the stock in a research note on Friday, October 6th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $17.81.
La Quinta (NYSE:LQ) opened at $18.19 on Friday. The stock has a market cap of $2,140.00, a P/E ratio of 50.90, a PEG ratio of 14.81 and a beta of 1.85. La Quinta has a 52 week low of $11.76 and a 52 week high of $18.53. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.38.
La Quinta (NYSE:LQ) last issued its earnings results on Wednesday, November 1st. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.04). La Quinta had a return on equity of 6.23% and a net margin of 3.11%. The firm had revenue of $268.60 million during the quarter, compared to the consensus estimate of $272.52 million. During the same quarter in the prior year, the company posted $0.19 EPS. The company’s quarterly revenue was down 1.4% on a year-over-year basis. research analysts forecast that La Quinta will post 0.33 EPS for the current year.
TRADEMARK VIOLATION WARNING: This article was originally published by Daily Political and is the property of of Daily Political. If you are viewing this article on another publication, it was illegally copied and reposted in violation of United States and international copyright & trademark laws. The original version of this article can be read at https://www.dailypolitical.com/2017/12/09/la-quinta-lq-earns-news-sentiment-score-of-0-13.html.
About La Quinta
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.
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.