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.

A number of analysts gave price targets for LQ. The most optimistic price target was 18, implying potential capital gains of 19.44 percent. The most pessimistic analyst gave a price target of 12, implying a possible loss of -20.37 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -9.58 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.32 percent. 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. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

LQ has an estimated earnings growth rate of 18.58 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. LQ has a PEG ratio of 2.39.

In the last 52-weeks, LQ has achieved a high of 15.39 and a low of 9.73. Today's price is 54.88 percent above the 52-week low, and 2.08 percent below the 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 market cap of LQ is $1.7 billion. LQ will post this quarters earnings in days, on 0000-00-00.