Deutsche Bank (DE:DBKGn) analyst Chris Woronka maintained a Buy rating on Extended Stay America (NASDAQ:STAY) on Monday, setting a price target of $20, which is approximately 18.06% above the present share price of $16.94.
Woronka expects Extended Stay America to post earnings per share (EPS) of $0.04 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Extended Stay America, with an average price target of $18.5.
The analysts price targets range from a high of $20 to a low of $16.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $259.29 million and a net profit of $31.96 million. The company's market cap is $3.01 billion.
According to TipRanks.com, Deutsche Bank analyst Chris Woronka is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.5% and a 49.77% success rate.
Extended Stay America, Inc. engages in the operation and owning of hotels in North America. It operates through the Owned Hotels, and Franchise and Management segments. The Owned Hotels segment includes the earnings derived from the operation of the company-owned hotel properties and other hotel revenues. The Franchise and Management segment consists of earnings under contracts and agreements with third parties. The company was founded in 1995 and is headquartered in Charlotte, NC.