La Quinta Holdings (LQ) has been under a strong bear grip, hence the stock is down -5.06% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.83% in the past 1 week. The stock has risen by 0.17% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.25% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.69% and the fifty day Moving Average is 0.4%. La Quinta Holdings Inc. has dropped 1.92% during the last three month period . Year-to-Date the stock performance stands at -13.89%.
La Quinta Holdings (LQ) : 3 Wall Street analysts covering La Quinta Holdings (LQ) believe that the average level the stock could reach for the short term is $13. The maximum price target given is $17 and the minimum target for short term is around $11, hence the standard deviation is calculated at $3.46.
La Quinta Holdings (NYSE:LQ): stock turned positive on Friday. Though the stock opened at $11.79, the bulls momentum made the stock top out at $11.82 level for the day. The stock recorded a low of $11.58 and closed the trading day at $11.72, in the green by 0.34%. The total traded volume for the day was 518,125. The stock had closed at $11.68 in the previous days trading.
La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand. The Companys segments include owned hotels and franchise and management. Owned hotels segment includes the operation of owned hotel properties located in the United States. Franchise and management segment operations include various franchise and management agreements relating to its owned, franchised and managed hotels. As of December 31, 2014, the Companys inventory consisted of 867 hotels representing approximately 86,500 rooms, located across 47 United States, as well as in Canada and Mexico, of which 353 hotels were owned and operated and 514 were franchised.