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, 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days 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.
People are often interested in whether analysts were united in the direction of their 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. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of LQ's earnings is estimated by analysts to be 18.58 percent. Another measure frequently examined by investors is 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, 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.
In the trailing 52-weeks, LQ hit 15.39 at the highest peak, while it's lowest trading point was 9.73. Currently the stock is 54.88 percent higher than its 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 stock has a market capitalization of $1.7 billion. LQ's next earnings release will be on 0000-00-00, which is days away.