Analysts See $0.02 EPS for La Quinta Holdings Inc. (LQ)

April 17, 2018 - By Hazel Jackson

La Quinta Holdings Inc. (NYSE:LQ) Logo

Analysts expect La Quinta Holdings Inc. (NYSE:LQ) to report $0.02 EPS on May, 2.They anticipate $0.02 EPS change or 50.00 % from last quarter’s $0.04 EPS. LQ’s profit would be $2.35M giving it 243.75 P/E if the $0.02 EPS is correct. After having $-0.05 EPS previously, La Quinta Holdings Inc.’s analysts see -140.00 % EPS growth. The stock decreased 0.15% or $0.03 during the last trading session, reaching $19.5. About 802,771 shares traded. La Quinta Holdings Inc. (NYSE:LQ) has risen 42.28% since April 17, 2017 and is uptrending. It has outperformed by 30.73% the S&P500.

La Quinta Holdings Inc. (NYSE:LQ) Ratings Coverage

Among 4 analysts covering La Quinta (NYSE:LQ), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. La Quinta had 8 analyst reports since October 23, 2017 according to SRatingsIntel. The stock of La Quinta Holdings Inc. (NYSE:LQ) earned “Hold” rating by Stifel Nicolaus on Thursday, March 1. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, March 1. The firm has “Hold” rating by Goldman Sachs given on Friday, January 19. Stifel Nicolaus maintained it with “Hold” rating and $15.0 target in Monday, October 23 report. The rating was downgraded by Wells Fargo on Monday, January 22 to “Hold”. Stifel Nicolaus maintained the shares of LQ in report on Thursday, February 1 with “Hold” rating. Morgan Stanley upgraded the shares of LQ in report on Wednesday, January 17 to “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Tuesday, February 13.

La Quinta Holdings Inc. owns, operates, and franchises select-service hotels under the La Quinta brand. The company has market cap of $2.29 billion. As of December 31, 2016, the firm had 888 hotels with approximately 87,200 rooms under the La Quinta Inn, La Quinta Inn & Suites, and LQ Hotel brands in 48 states of the United States, as well as in Canada, Mexico, Honduras, and Colombia. It has a 15 P/E ratio. It serves the upper-midscale and midscale divisions.

La Quinta Holdings Inc. (NYSE:LQ) Ratings Chart

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