LQ

La Quinta Holdings Inc

Consumer, Event Driven/Special Sit


Presented:12/06/2017
Price:$17.83
Cap:$2.08B
Current Price:$21.62
Cap:$2.53B

Presented

Date12/06/2017
Price$17.83
Market Cap$2.08B
Ent Value$3.56B
P/E Ratio68.63x
Book Value$5.96
Div Yield0%
Shares O/S116.85M
Ave Daily Vol1,513,755
Short Int2.74%

Current

Price$21.62
Market Cap$2.53B
La Quinta Holdings, Inc. owns, manages, and franchises hotel chains. It operates through the following segment: Owned Hotels; and Franchise & Management. The Owned Hotels segment manages hotels located in the United States of America. The Franchise and Management segment refers to licenses and agreements from owned, franchised, and managed hotels. The company was founded on December 9, 2013 and is headquartered in Irving, TX.

Publicly traded companies mentioned herein: Choice Hotels International Inc (CHH), InterContinental Hotels Group PLC (IHG), La Quinta Holdings Inc (LQ), Marriott International Inc (MAR), Wyndham Worldwide Corporation (WYN)

Highlights

The presenter is long shares of La Quinta (LQ), seeing upside from the upcoming spin-off that will separate LQ into two separate entities, a REIT and an asset-light business. Given that this catalyst is occurring on top of strong fundamentals, the presenter sees up to 40% upside on LQ shares within the next 1 – 3 months.

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Idea Discussion

Commentor 1 - 2 weeks ago

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