News coverage about La Quinta Holdings (NYSE:LQ) has been trending somewhat positive on Wednesday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. La Quinta Holdings earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.4722930082339 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

A number of research analysts have issued reports on LQ shares. TheStreet raised La Quinta Holdings from a “c” rating to a “b” rating in a report on Tuesday, August 8th. Zacks Investment Research raised La Quinta Holdings from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Wednesday, July 5th. BidaskClub raised La Quinta Holdings from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. Finally, Morgan Stanley raised La Quinta Holdings from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $14.50 to $16.00 in a report on Thursday, June 15th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $13.41.

Shares of La Quinta Holdings (NYSE LQ) traded up 1.37% on Wednesday, hitting $15.57. The stock had a trading volume of 73,311 shares. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 43.98 and a beta of 1.86. La Quinta Holdings has a one year low of $9.73 and a one year high of $15.99. The firm’s 50-day moving average is $15.03 and its 200-day moving average is $14.27.

La Quinta Holdings (NYSE:LQ) last issued its quarterly earnings results on Monday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The firm had revenue of $263.40 million during the quarter, compared to analyst estimates of $260.44 million. La Quinta Holdings had a return on equity of 7.28% and a net margin of 4.13%. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. During the same period last year, the company posted $0.21 EPS. On average, analysts expect that La Quinta Holdings will post $0.39 EPS for the current fiscal year.

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About La Quinta Holdings

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.

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