Extended Stay America (STAY) Earns News Sentiment Score of 0.23
Media stories about Extended Stay America (NYSE:STAY) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Extended Stay America earned a news impact score of 0.23 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.8313761877 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Extended Stay America (STAY) traded up $0.19 on Friday, hitting $19.35. The stock had a trading volume of 1,436,675 shares, compared to its average volume of 1,522,575. The stock has a market capitalization of $3,675.72, a P/E ratio of 49.62, a P/E/G ratio of 3.18 and a beta of 0.97. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.11 and a current ratio of 0.11. Extended Stay America has a 1 year low of $15.43 and a 1 year high of $20.95.
Extended Stay America (NYSE:STAY) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.02). The company had revenue of $350.86 million during the quarter, compared to analysts’ expectations of $359.70 million. Extended Stay America had a return on equity of 14.53% and a net margin of 5.83%. The firm’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.36 EPS. analysts expect that Extended Stay America will post 0.97 earnings per share for the current year.
Several brokerages have issued reports on STAY. ValuEngine lowered Extended Stay America from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Robert W. Baird reaffirmed a “buy” rating and set a $21.00 price target on shares of Extended Stay America in a research note on Friday, September 8th. BidaskClub raised Extended Stay America from a “sell” rating to a “hold” rating in a research note on Saturday, October 7th. Stifel Nicolaus dropped their price target on Extended Stay America from $21.00 to $19.25 and set a “buy” rating for the company in a research note on Wednesday, November 8th. Finally, JPMorgan Chase & Co. raised Extended Stay America from a “neutral” rating to an “overweight” rating and set a $21.00 price target for the company in a research note on Wednesday, December 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. Extended Stay America has a consensus rating of “Buy” and a consensus target price of $21.06.
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About Extended Stay America
Extended Stay America, Inc is a owner/operator of company-branded hotels in North America. The Company operates in the extended stay lodging industry. The Company owns and operates approximately 700 hotel properties consisting of approximately 75,900 rooms located in 44 states across the United States of America and in Canada.
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