why Extended Stay America Inc. [STAY] is a Good Choice for Investors After New Price Target of $14.32

Extended Stay America Inc. [NASDAQ: STAY] jumped around 0.35 points on Monday, while shares priced at $12.77 at the close of the session, up 2.82%. The company report on September 14, 2020 that Extended Stay America to Participate at the 2020 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Forum.

Extended Stay America, Inc. (Nasdaq: STAY) today announced that the Company’s President and Chief Executive Officer Bruce Haase and Chief Financial Officer David Clarkson will virtually participate at the 2020 J.P. Morgan Gaming, Lodging, Restaurant and Leisure Forum. Management will provide commentary on recent business trends and participate in a question and answer session.

Management’s remarks will be webcast live at 11:20 AM Eastern Time on Tuesday, September 15, 2020. Investors and other interested persons may listen to the live webcast through the Investor Relations section of Extended Stay’s website at www.aboutSTAY.com. A replay of the webcast will be posted on the Company’s investor relations website; the replay can be accessed for 30 days.

Extended Stay America Inc. stock is now -14.06% down from its year-to-date (YTD) trading value. STAY Stock saw the intraday high of $13.025 and lowest of $12.30 per share. The company’s 52-week high price is 15.29, which means current price is +138.69% above from all time high which was touched on 01/02/20.

Compared to the average trading volume of 1.53M shares, STAY reached a trading volume of 1854190 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Extended Stay America Inc. [STAY]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STAY shares is $14.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STAY stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Extended Stay America Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 22, 2020. While these analysts kept the previous recommendation, Robert W. Baird dropped their target price from $17 to $16. The new note on the price target was released on January 03, 2020, representing the official price target for Extended Stay America Inc. stock. On September 06, 2019, analysts decreased their price target for STAY shares from 16.50 to 15.

The Average True Range (ATR) for Extended Stay America Inc. is set at 0.47, with the Price to Sales ratio for STAY stock in the period of the last 12 months amounting to 2.02. The Price to Book ratio for the last quarter was 3.49, with the Price to Cash per share for the same quarter was set at 3.79. Price to Free Cash Flow for STAY in the course of the last twelve months was 12.93.

How has STAY stock performed recently?

Extended Stay America Inc. [STAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.31. With this latest performance, STAY shares gained by 0.63% in over the last four-week period, additionally plugging by 90.60% over the last 6 months – not to mention a drop of -14.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STAY stock in for the last two-week period is set at 58.48, with the RSI for the last a single of trading hit 60.60, and the three-weeks RSI is set at 57.88 for Extended Stay America Inc. [STAY]. The present Moving Average for the last 50 days of trading for this stock 11.99, while it was recorded at 12.41 for the last single week of trading, and 11.65 for the last 200 days.

Extended Stay America Inc. [STAY]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Extended Stay America Inc. [STAY] shares currently have an operating margin of +27.13 and a Gross Margin at +34.94. Extended Stay America Inc.’s Net Margin is presently recorded at +5.72.

Return on Total Capital for STAY is now 8.76, given the latest momentum, and Return on Invested Capital for the company is 2.13. Return on Equity for this stock inclined to 9.40, with Return on Assets sitting at 1.75. When it comes to the capital structure of this company, Extended Stay America Inc. [STAY] has a Total Debt to Total Equity ratio set at 381.41. Additionally, STAY Total Debt to Total Capital is recorded at 79.23, with Total Debt to Total Assets ending up at 65.76. Long-Term Debt to Equity for the company is recorded at 380.94, with the Long-Term Debt to Total Capital now at 79.13.

Reflecting on the efficiency of the workforce at the company, Extended Stay America Inc. [STAY] managed to generate an average of $8,819 per employee. Receivables Turnover for the company is 72.11 with a Total Asset Turnover recorded at a value of 0.31.

Earnings analysis for Extended Stay America Inc. [STAY]

With the latest financial reports released by the company, Extended Stay America Inc. posted 0.33/share EPS, while the average EPS was predicted by analysts to be reported at 0.35/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -5.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for STAY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Extended Stay America Inc. go to -9.69%.

Insider trade positions for Extended Stay America Inc. [STAY]

There are presently around $1,976 million, or 96.60% of STAY stock, in the hands of institutional investors. The top three institutional holders of STAY stocks are: VANGUARD GROUP INC with ownership of 15,187,047, which is approximately -12.284% of the company’s market cap and around 0.60% of the total institutional ownership; BLACKROCK INC., holding 9,277,775 shares of the stock with an approximate value of $118.48 million in STAY stocks shares; and FMR LLC, currently with $84.38 million in STAY stock with ownership of nearly New of the company’s market capitalization.

Positions in Extended Stay America Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 124 institutional holders increased their position in Extended Stay America Inc. [NASDAQ:STAY] by around 43,582,931 shares. Additionally, 134 investors decreased positions by around 54,460,083 shares, while 19 investors held positions by with 56,664,366 shares. The mentioned changes placed institutional holdings at 154,707,380 shares, according to the latest SEC report filing. STAY stock had 55 new institutional investments in for a total of 31,738,796 shares, while 40 institutional investors sold positions of 23,812,675 shares during the same period.

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