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 maximum price target given was 18, which equates to a potential upside of 19.44 percent. The lowest price target was 12, which equates to a potential downside 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of LQ to grow at a rate of 18.58 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 54.88 percent higher than its 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 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.