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.
Many analysts weighed in on price targets for LQ. The most optimistic price target was 18, which equates to a potential upside of 19.44 percent. The lowest price target was 12, implying a possible loss 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13.48 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of LQ's earnings is estimated by analysts to be 18.58 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of LQ is 2.39.
In the trailing 52-weeks, LQ hit 15.39 at the highest peak, while it's lowest trading point was 9.73. Today's price is 54.88 percent above the 52-week low, and 2.08 percent lower than its 52-week high. LQ has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.