Media coverage about La Quinta (NYSE:LQ) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. La Quinta earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the company an impact score of 49.5452574292111 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
NYSE LQ opened at $21.62 on Thursday. La Quinta has a 12 month low of $13.61 and a 12 month high of $21.74. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 74.55, a P/E/G ratio of 11.77 and a beta of 1.74.
Separately, Morgan Stanley boosted their price target on shares of La Quinta from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, May 9th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $25.80.
About La Quinta
La Quinta Holdings Inc owns, operates, and franchises select-service hotels. As of December 31, 2017, the company had 902 hotels, which included 317 owned and operated, as well as 585 franchised hotels with approximately 88,400 rooms under the La Quinta Inn, La Quinta Inn & Suites, and LQ Hotel trademarks primarily in 48 states of the United States, as well as in Canada, Mexico, Honduras, and Colombia.
Read More: Closed-End Mutual Funds (CEFs)
Receive News & Ratings for La Quinta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for La Quinta and related companies with MarketBeat.com's FREE daily email newsletter.