Headlines about Extended Stay America (NYSE:STAY) have trended positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Extended Stay America earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave news stories about the company an impact score of 47.3636413106512 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of analysts recently commented on the stock. JPMorgan Chase & Co. raised shares of Extended Stay America from a “neutral” rating to an “overweight” rating and set a $21.00 price objective on the stock in a report on Wednesday, December 13th. Deutsche Bank decreased their price objective on shares of Extended Stay America from $23.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, November 8th. Zacks Investment Research downgraded shares of Extended Stay America from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Nomura decreased their price objective on shares of Extended Stay America from $26.00 to $23.00 and set a “buy” rating on the stock in a report on Wednesday, November 8th. Finally, Morgan Stanley decreased their price objective on shares of Extended Stay America from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $21.17.
Shares of Extended Stay America (NYSE STAY) traded up $0.44 on Friday, reaching $20.50. 2,096,300 shares of the company’s stock were exchanged, compared to its average volume of 1,715,287. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $3,810.00, a PE ratio of 52.56, a P/E/G ratio of 3.22 and a beta of 0.98. Extended Stay America has a one year low of $15.43 and a one year high of $20.95.
Extended Stay America (NYSE:STAY) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). The firm had revenue of $350.86 million during the quarter, compared to analyst estimates of $359.70 million. Extended Stay America had a net margin of 5.83% and a return on equity of 14.53%. The business’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.36 EPS. research analysts predict that Extended Stay America will post 0.97 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: This piece of content was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://ledgergazette.com/2018/01/12/extended-stay-america-stay-earns-news-sentiment-score-of-0-26.html.
Extended Stay America Company Profile
Extended Stay America, Inc is a owner/operator of company-branded hotels in North America. The Company operates in the extended stay lodging industry. The Company owns and operates approximately 700 hotel properties consisting of approximately 75,900 rooms located in 44 states across the United States of America and in Canada.
Receive News & Ratings for Extended Stay America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extended Stay America and related companies with MarketBeat.com's FREE daily email newsletter.