Analyst Ratings for La Quinta Holdings Inc. (LQ)Updated: 2017-07-28
Analysts covering La Quinta Holdings Inc. (NYSE:LQ) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for LQ last month.
Of the 9 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
LQ was given price targets by several analysts. The most optimistic price target was 18, implying potential capital gains of 19.44 percent. The most pessimistic price target was 12, which equates to a potential downside of -20.37 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.58 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.32 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -13.48 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
LQ has an estimated earnings growth rate of 18.58 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of LQ is 2.39.
LQ has traded between a high of 15.39 and a low of 9.73 over the past year. The current market price is above the trailing year's low by 54.88 percent, and 2.08 percent lower than its 52-week high. LQ has a price/earnings ratio of 44.35. Investors typically compare the P/E ratio to a company's peers in the industry. The LQ value stock report compares LQ to some of its peers using value stock charts. The stock has a market capitalization of $1.7 billion. LQ is estimated to release their earnings results for the quarter on 0000-00-00, days from today.