Extended Stay America (STAY) Earns Daily News Impact Rating of 0.10

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Media stories about Extended Stay America (NYSE:STAY) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. 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 0.10 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.0925370235357 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

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

NYSE:STAY traded up $0.20 during trading hours on Friday, reaching $21.85. The stock had a trading volume of 31,000 shares, compared to its average volume of 1,653,555. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.19 and a quick ratio of 0.19. Extended Stay America has a 12-month low of $16.27 and a 12-month high of $22.58. The company has a market capitalization of $4.16 billion, a P/E ratio of 21.84, a P/E/G ratio of 2.54 and a beta of 0.96.

Extended Stay America (NYSE:STAY) last released its earnings results on Thursday, April 26th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. Extended Stay America had a return on equity of 15.18% and a net margin of 5.47%. The business had revenue of $298.00 million during the quarter, compared to the consensus estimate of $292.38 million. During the same period last year, the business posted $0.35 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. analysts anticipate that Extended Stay America will post 1.15 earnings per share for the current year.

A number of analysts recently commented on the company. Zacks Investment Research upgraded Extended Stay America from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Monday. Robert W. Baird reiterated a “buy” rating and set a $22.00 price target on shares of Extended Stay America in a report on Thursday, April 19th. Morgan Stanley raised their target price on Extended Stay America from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Monday, April 9th. Jefferies Financial Group assumed coverage on Extended Stay America in a research report on Thursday, May 31st. They issued a “buy” rating and a $26.00 target price for the company. Finally, ValuEngine downgraded Extended Stay America from a “buy” rating to a “hold” rating in a research report on Friday, April 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $22.35.

Extended Stay America Company Profile

Extended Stay America, Inc, together with its subsidiaries, owns, operates, and manages hotels in the United States. As of February 27, 2018, it had 599 hotels and approximately 66,000 rooms, as well as managed 26 hotels under the Extended Stay America brand. It serves customers in the mid-priced extended stay segment.

Insider Buying and Selling by Quarter for Extended Stay America (NYSE:STAY)

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