$0.17 EPS Expected for La Quinta Holdings Inc (LQ)

September 28, 2017 - By Michael Collier

 $0.17 EPS Expected for La Quinta Holdings Inc (LQ)

Wall Street await La Quinta Holdings Inc (NYSE:LQ) to release earnings on November, 1. Analysts forecast earnings per share of $0.17, down exactly $0.02 or 10.53 % from 2014’s $0.19 EPS. The expected LQ’s profit could reach $20.01M giving the stock 25.87 P/E in the case that $0.17 earnings per share is reported. After posting $0.17 EPS for the previous quarter, La Quinta Holdings Inc’s analysts now forecast 0.00 % EPS growth. The stock increased 1.38% or $0.24 during the last trading session, reaching $17.59. About 884,109 shares traded. La Quinta Holdings Inc (NYSE:LQ) has risen 19.42% since September 28, 2016 and is uptrending. It has outperformed by 2.72% the S&P500.

La Quinta Holdings Inc (NYSE:LQ) Ratings Coverage

Among 11 analysts covering La Quinta Holdings (NYSE:LQ), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. La Quinta Holdings had 28 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating by Deutsche Bank given on Thursday, February 25. The stock has “Market Perform” rating by Raymond James on Tuesday, October 27. The firm earned “Market Perform” rating on Tuesday, November 1 by Wells Fargo. The stock of La Quinta Holdings Inc (NYSE:LQ) earned “Hold” rating by Stifel Nicolaus on Thursday, February 25. The stock of La Quinta Holdings Inc (NYSE:LQ) earned “Buy” rating by Deutsche Bank on Thursday, October 29. The firm has “Hold” rating given on Tuesday, September 22 by Zacks. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Thursday, March 17. Stifel Nicolaus maintained it with “Buy” rating and $20 target in Monday, November 16 report. The rating was maintained by Stifel Nicolaus on Monday, August 14 with “Hold”. The company was maintained on Tuesday, January 10 by Stifel Nicolaus.

La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale sectors under the La Quinta brand. The company has market cap of $2.07 billion. The Company’s divisions include owned hotels, franchise and management, and corporate and other. It has a 49.83 P/E ratio. The owned hotels segment is engaged in the operation of owned hotel properties.

More notable recent La Quinta Holdings Inc (NYSE:LQ) news were published by: Gurufocus.com which released: “Moab Capital Partners LLC Buys RadNet Inc, La Quinta Holdings Inc, Time Warner …” on August 29, 2017, also Nasdaq.com with their article: “Moab Capital Partners LLC Buys RadNet Inc, La Quinta Holdings Inc, Time Warner …” published on August 29, 2017, Reuters.com published: “BRIEF-Luxor Capital Group LP reports 5.0 percent passive stake in La Quinta …” on September 05, 2017. More interesting news about La Quinta Holdings Inc (NYSE:LQ) were released by: Reuters.com and their article: “BRIEF-La Quinta Holdings says unite filed amendment no. 1 to Corepoint Lodging …” published on September 07, 2017 as well as Bizjournals.com‘s news article titled: “How an unaffiliated broker sealed a big South Austin hotel deal that includes …” with publication date: September 22, 2017.

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