Extended Stay America Inc (NYSE:STAY) shares traded -1.74% down during most recent session to reach at the closing price of $16.9. The stock exchanged hands 950646 shares versus average trading capacity of 1.39 Million shares, yielding a market cap of $3.24 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $21.5 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Extended Stay America Inc (NYSE:STAY) high price target of $25 and with a conservative view have low price target of $18.
Bank of America “Maintained” Extended Stay America Inc (NYSE:STAY) in a research note issued to investors on 11/02/18 to Neutral with price target of $20.
Additionally on 11/02/18 JP Morgan “Maintained” Extended Stay America Inc (NYSE:STAY) to Overweight setting price target at $21 and on 7/27/18 JP Morgan “Maintained” the stock to Overweight at $25. Furthermore on 5/31/18 Morgan Stanley “Upgrades” the stock to Overweight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 53.43 along with Average True Range (ATR 14) of 0.34, Consequently Extended Stay America Inc (NYSE:STAY)’s weekly and monthly volatility is 1.59%, 1.85% respectively. The company’s beta value is at 1.22.
In terms of Buy, Sell or Hold recommendations, Extended Stay America Inc (NYSE:STAY) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Extended Stay America Inc (NYSE:STAY)’s minimum EPS for the current quarter is at $0.16 and can go high up to $0.21. The consensus mean EPS for the current quarter is at $0.19 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.19 earnings per share for the same quarter during last year.
Previously Extended Stay America Inc (NYSE:STAY) reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. The company posted an earnings surprise of 5.4%.
Extended Stay America Inc (NYSE:STAY)’s revenue estimates for the current quarter are $288.06 Million according to 10 number of analysts, for the current quarter the company has high revenue estimates of $296.75 Million in contradiction of low revenue estimates of $275.2 Million. For the current year the company’s revenue estimates are $1.27 Billion compared to low analyst estimates of $1.26 Billion and high estimates of $1.28 Billion according to 11 number of analysts.
Currently Extended Stay America Inc (NYSE:STAY)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 99.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.59%.
Extended Stay America Inc (NYSE:STAY)’s trailing twelve month revenues are $1.29 Billion, whereas its price to sales ratio for the same period is 2.51. Its book value per share for the most recent quarter is $4.47 while its price to book ratio for the same period is 3.78, as for as the company’s cash per share for the most recent quarter is $1.93, however its price to cash per share ratio for the same period is 8.74. The stock has 5 year expected PEG ratio of 7.17 whereas its trailing twelve month P/E ratio is 30.12.