About La Quinta Holdings (NYSE:LQ)
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's segments include owned hotels, franchise and management, and corporate and other. The owned hotels segment is engaged in the operation of owned hotel properties. The franchise and management segment is engaged in various license, franchise and management agreements relating to its owned and franchised hotels. As of December 31, 2016, its portfolio consisted of 888 hotels representing approximately 87,200 rooms located primarily across 48 states in the United States, as well as in Canada, Mexico, Honduras and Colombia, of which 322 hotels were owned and operated, and 566 were franchised. As of December 31, 2016, the Company had a pipeline of 248 franchised hotels in the United States, Mexico, Colombia, Nicaragua, Guatemala, Chile and El Salvador.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Hotels & Motels
- Sub-Industry: N/A
- Symbol: NYSE:LQ
- CUSIP: N/A
- Web: www.lq.com
- Market Cap: $2.09 billion
- Outstanding Shares: 117,463,000
- 50 Day Moving Avg: $17.17
- 200 Day Moving Avg: $15.17
- 52 Week Range: $9.73 - $18.53
Sales & Book Value:
- Trailing P/E Ratio: 51.16
- Foreward P/E Ratio: 42.33
- P/E Growth: 8.84
- Annual Revenue: $966.42 million
- Price / Sales: 2.16
- Book Value: $5.81 per share
- Price / Book: 3.06
- EBITDA: $299.78 million
- Net Margins: 4.13%
- Return on Equity: 7.28%
- Return on Assets: 1.67%
- Debt-to-Equity Ratio: 2.45%
- Current Ratio: 1.26%
- Quick Ratio: 1.26%
- Average Volume: 1.37 million shs.
- Beta: 1.88
- Short Ratio: 2.58
Frequently Asked Questions for La Quinta Holdings (NYSE:LQ)
What is La Quinta Holdings' stock symbol?
La Quinta Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "LQ."
How were La Quinta Holdings' earnings last quarter?
La Quinta Holdings Inc. (NYSE:LQ) announced its quarterly earnings results on Monday, August, 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.03. The firm had revenue of $263.40 million for the quarter, compared to analyst estimates of $260.44 million. La Quinta Holdings had a net margin of 4.13% and a return on equity of 7.28%. The business's revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 EPS. View La Quinta Holdings' Earnings History.
When will La Quinta Holdings make its next earnings announcement?
Where is La Quinta Holdings' stock going? Where will La Quinta Holdings' stock price be in 2017?
6 equities research analysts have issued twelve-month price objectives for La Quinta Holdings' shares. Their forecasts range from $11.00 to $22.00. On average, they expect La Quinta Holdings' stock price to reach $15.29 in the next year. View Analyst Ratings for La Quinta Holdings.
What are analysts saying about La Quinta Holdings stock?
Here are some recent quotes from research analysts about La Quinta Holdings stock:
- 1. According to Zacks Investment Research, "La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels in the United States, primarily serving the midscale and upper-midscale segments. It provides franchise services to hotels in the U.S., Canada and Mexico under the La Quinta Inns & Suites (TM) and La Quinta Inn (TM) brands. La Quinta Holdings Inc. is headquartered in Irving, Texas. " (10/11/2017)
- 2. Stifel Nicolaus analysts commented, "LQ reported 4Q16 adjusted EPS of $0.01, $0.03 below our estimate and $0.01 below the Street. Variance to our estimate higher operating expense and higher taxes.Total adjusted EBITDA declined 10.3% to $69.9 million, and margins -270 bps to 31.4%. LQ provided 2017E RevPAR guidance of flat-+2.0% and adjusted EBITDA guidance of $320-$340 million. We were projecting $345.0 million, and the Street was at $340.1 million. The renovation program will impact RevPAR by 50-75 bps. The guidance includes $13 million of share based compensation. Franchise openings guidance was not provided." (3/1/2017)
Who are some of La Quinta Holdings' key competitors?
Some companies that are related to La Quinta Holdings include Cinemark Holdings (CNK), Mediaset SpA (MDIUY), Hilton Grand Vacations (HGV), Extended Stay America (STAY), Choice Hotels International (CHH), Liberty Global PLC (LILAK), Liberty Global PLC (LILA), ILG (ILG), Cedar Fair, L.P. (FUN), Tribune Media Company (TRCO), AMC Networks (AMCX), Marriot Vacations Worldwide Corporation (VAC), Churchill Downs, Incorporated (CHDN), Zynga (ZNGA), Boyd Gaming Corporation (BYD), Graham Holdings Company (GHC), Sinclair Broadcast Group (SBGI) and Manchester United (MANU).
Who are La Quinta Holdings' key executives?
La Quinta Holdings' management team includes the folowing people:
- Mitesh B. Shah, Independent Chairman of the Board
- Keith A. Cline, President, Chief Executive Officer, Director
- James H. Forson, Chief Financial Officer, Executive Vice President, Treasurer
- John W. Cantele, Chief Operating Officer, Executive Vice President
- Julie M. Cary, Chief Marketing Officer, Executive Vice President
- Mark M. Chloupek, Executive Vice President, General Counsel, Secretary
- Rajiv K. Trivedi, Chief Development Officer, Executive Vice President
- James Abrahamson, Independent Director
- Glenn Alba, Independent Director
- Scott O. Bergren, Independent Director
Who owns La Quinta Holdings stock?
Who bought La Quinta Holdings stock? Who is buying La Quinta Holdings stock?
How do I buy La Quinta Holdings stock?
Shares of La Quinta Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is La Quinta Holdings' stock price today?
MarketBeat Community Rating for La Quinta Holdings (NYSE LQ)MarketBeat's community ratings are surveys of what our community members think about La Quinta Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of La Quinta Holdings stock can currently be purchased for approximately $17.78.
Consensus Ratings for La Quinta Holdings (NYSE:LQ) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$15.29 (14.00% downside)|Consensus Price Target History for La Quinta Holdings (NYSE:LQ)
Analysts' Ratings History for La Quinta Holdings (NYSE:LQ)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/6/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||$22.00||N/A|
|6/15/2017||Morgan Stanley||Upgrade||Equal Weight -> Overweight||$14.50 -> $16.00||Low|
|3/1/2017||Stifel Nicolaus||Lower Price Target||Hold||$13.50 -> $13.25||N/A|
|12/15/2016||Bank of America Corporation||Upgrade||Underperform -> Neutral||N/A|
|11/7/2016||Off Wall Street||Reiterated Rating||Buy||$14.20||N/A|
|11/3/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$11.00||N/A|
|9/26/2016||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Sell||$9.00||N/A|
|8/5/2016||Citigroup Inc.||Lower Price Target||Neutral||$13.00 -> $12.00||N/A|
|8/3/2016||Deutsche Bank AG||Set Price Target||Buy||$18.00 -> $17.00||N/A|
|7/6/2016||Wolfe Research||Initiated Coverage||Market Perform||N/A|
|2/25/2016||Credit Suisse Group||Lower Price Target||Neutral||$18.00 -> $15.00||N/A|
|10/26/2015||Raymond James Financial, Inc.||Initiated Coverage||Market Perform||N/A|
Earnings History for La Quinta Holdings (NYSE:LQ)Earnings History by Quarter for La Quinta Holdings (NYSE LQ)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||Q2 2017||$0.14||$0.17||$260.44 million||$263.40 million||View||Listen|
|5/3/2017||Q1 2017||$0.06||$0.04||$232.20 million||$234.27 million||View||Listen|
|2/28/2017||Q416||$0.02||$0.01||$218.92 million||$222.60 million||View||Listen|
|11/2/2016||Q316||$0.19||$0.19||$267.50 million||$272.30 million||View||N/A|
|8/2/2016||Q216||$0.20||$0.21||$266.78 million||$269.60 million||View||N/A|
|4/27/2016||Q116||$0.08||$0.09||$238.72 million||$241.77 million||View||Listen|
|2/24/2016||Q415||$0.06||$0.09||$231.74 million||$228.90 million||View||Listen|
|10/28/2015||Q315||$0.19||$0.19||$275.06 million||$279.10 million||View||Listen|
|7/29/2015||Q215||$0.19||$0.19||$276.50 million||$273.90 million||View||Listen|
|4/29/2015||Q115||$0.08||$0.08||$242.73 million||$248.10 million||View||N/A|
|2/24/2015||Q414||$0.05||$0.08||$224.56 million||$228.20 million||View||N/A|
|10/22/2014||Q314||$0.17||$0.16||$264.24 million||$271.20 million||View||Listen|
|8/12/2014||Q214||$0.13||$0.13||$257.88 million||$260.00 million||View||N/A|
|5/20/2014||Q114||($0.01)||$0.06||$212.05 million||$227.70 million||View||N/A|
Earnings Estimates for La Quinta Holdings (NYSE:LQ)
Current Year EPS Consensus Estimate: $0.41 EPS
Next Year EPS Consensus Estimate: $0.42 EPS
Dividend History for La Quinta Holdings (NYSE:LQ)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for La Quinta Holdings (NYSE:LQ)
Insider Ownership Percentage: 1.60%Insider Trades by Quarter for La Quinta Holdings (NYSE:LQ)
Institutional Ownership Percentage: 97.02%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/2/2016||Alan J Bowers||Director||Buy||4,042||$12.36||$49,959.12|| |
|7/16/2015||Rajiv K Trivedi||Insider||Sell||35,388||$24.07||$851,789.16|| |
|7/13/2015||Julie M Cary||Insider||Sell||9,592||$23.50||$225,412.00|| |
|6/8/2015||Angelo J Lombardi||Insider||Sell||35,558||$24.30||$864,059.40|| |
|4/27/2015||Mark M Chloupek||Insider||Sell||17,500||$24.11||$421,925.00|| |
|4/24/2015||Angelo J Lombardi||Insider||Sell||27,516||$23.96||$659,283.36|| |
|4/20/2015||Angelo J Lombardi||Insider||Sell||5,697||$22.87||$130,290.39|| |
|3/25/2015||Mark M Chloupek||Insider||Sell||1,359||$24.25||$32,955.75|| |
|3/19/2015||Mark M Chloupek||Insider||Sell||10,000||$23.77||$237,700.00|| |
|3/12/2015||Mark M Chloupek||Insider||Sell||11,905||$23.25||$276,791.25|| |
|2/3/2015||Wayne B Goldberg||Insider||Sell||100,000||$21.58||$2,158,000.00|| |
|1/8/2015||Keith A Cline||Insider||Sell||66,256||$21.55||$1,427,816.80|| |
|1/6/2015||Wayne B Goldberg||Insider||Sell||100,000||$21.47||$2,147,000.00|| |
|12/8/2014||Wayne B Goldberg||Insider||Sell||100,000||$22.02||$2,202,000.00|| |
|12/1/2014||Rajiv K Trivedi||Insider||Sell||23,308||$21.83||$508,813.64|| |
|11/26/2014||Rajiv K Trivedi||Insider||Sell||40,000||$21.44||$857,600.00|| |
|11/25/2014||Mark M Chloupek||Insider||Sell||10,500||$21.52||$225,960.00|| |
|11/24/2014||Rajiv K Trivedi||Insider||Sell||52,025||$21.09||$1,097,207.25|| |
|11/21/2014||Mark M Chloupek||Insider||Sell||10,500||$21.01||$220,605.00|| |
|11/18/2014||Wayne B Goldberg||Insider||Sell||100,000||$20.10||$2,010,000.00|| |
|11/4/2014||Angelo J Lombardi||Insider||Sell||106,290||$20.18||$2,144,932.20|| |
|10/30/2014||Julie M Cary||Insider||Sell||18,963||$20.22||$383,431.86|| |
|10/28/2014||Julie M Cary||Insider||Sell||20,500||$20.04||$410,820.00|| |
|10/27/2014||James H Forson||Insider||Sell||5,000||$19.91||$99,550.00|| |
|10/23/2014||Mark M Chloupek||Insider||Sell||14,000||$20.23||$283,220.00|| |
|10/14/2014||James H Forson||Insider||Sell||5,000||$18.27||$91,350.00|| |
Headline Trends for La Quinta Holdings (NYSE:LQ)
Latest Headlines for La Quinta Holdings (NYSE:LQ)
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La Quinta Holdings (LQ) Chart for Monday, October, 23, 2017