Acquired by The Blackstone Group and was taken private in June 2021
STAY - Extended Stay America, Inc.
NASDAQ
->
Consumer Cyclical
->
Lodging
Type: Equity
STAY price evolution
STAY
| (in millions $) | 31 Mar 2021 | 31 Dec 2020 | 30 Sep 2020 | 30 Jun 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $371.01 | $409.92 | $396.38 | $682.45 |
| Short term investments | ||||
| Net receivables | $14.03 | $13.71 | $14.55 | $13.4 |
| Inventory | ||||
| Total current assets | $385.04 | $423.63 | $410.93 | $695.84 |
| Long term investments | ||||
| Property, plant & equipment | $3414.49 | $3445.95 | $3473.82 | $3487.34 |
| Goodwill & intangible assets | $79.94 | $79.15 | $77.6 | $78.21 |
| Total noncurrent assets | $3635.31 | $3665.52 | $3659 | $3652.4 |
| Total investments | ||||
| Total assets | $4020.35 | $4089.15 | $4069.93 | $4348.24 |
| Current liabilities | ||||
| Accounts payable | $229.32 | $253.2 | $248.06 | $208.39 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $841.82 | $866.87 | $862.9 | $824.39 |
| Long term debt | $2031.43 | $2069.95 | $2068.48 | $2417.01 |
| Total noncurrent liabilities | $2043.88 | $2084.84 | $2072.89 | $2421.48 |
| Total debt | $2647.54 | $2687.29 | $2687.02 | $3036.78 |
| Total liabilities | $2885.69 | $2951.71 | $2935.79 | $3245.87 |
| Shareholders' equity | ||||
| Retained earnings | -$42.73 | -$44.66 | -$51.52 | -$75.75 |
| Other shareholder equity | -$0.1 | -$0.21 | -$0.32 | -$0.49 |
| Total shareholder equity | $685.02 | $682.77 | $676.4 | $650.42 |
| (in millions $) | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2017 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $409.92 | $361.67 | $303.34 | $150.97 |
| Short term investments | ||||
| Net receivables | $13.71 | $14.02 | $19.77 | $21.58 |
| Inventory | ||||
| Total current assets | $423.63 | $375.69 | $323.11 | $172.55 |
| Long term investments | ||||
| Property, plant & equipment | $3445.95 | $3493.55 | $3453.63 | $3753.13 |
| Goodwill & intangible assets | $79.15 | $79.38 | $73.91 | $75.91 |
| Total noncurrent assets | $3665.52 | $3654.91 | $3601.11 | $3903.45 |
| Total investments | ||||
| Total assets | $4089.15 | $4030.6 | $3924.21 | $4076.01 |
| Current liabilities | ||||
| Accounts payable | $253.2 | $211.18 | $210.93 | $188.26 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $866.87 | $829.52 | $1329.29 | $1453.37 |
| Long term debt | $2069.95 | $2014.3 | $1273.79 | $1269.66 |
| Total noncurrent liabilities | $2084.84 | $2024.81 | $1284.28 | $1276.79 |
| Total debt | $2687.29 | $2636.01 | $2395.51 | $2534.77 |
| Total liabilities | $2951.71 | $2854.33 | $2613.57 | $2730.16 |
| Shareholders' equity | ||||
| Retained earnings | -$44.66 | -$48.28 | $32.43 | $6.92 |
| Other shareholder equity | -$0.21 | $0.38 | $2.49 | $3.07 |
| Total shareholder equity | $682.77 | $696.29 | $786.02 | $780.58 |
| (in millions $) | 31 Mar 2021 | 31 Dec 2020 | 30 Sep 2020 | 30 Jun 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $259.57 | $259.29 | $285.89 | $230.83 |
| Cost of revenue | $148.78 | $153.23 | $153.51 | $137.52 |
| Gross Profit | $110.79 | $106.06 | $132.38 | $93.32 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $24.12 | $21.94 | $23.19 | $23.1 |
| Total operating expenses | $66.3 | $21.58 | $75.9 | $74.82 |
| Operating income | $44.49 | $84.48 | $56.48 | $18.5 |
| Income from continuing operations | ||||
| EBIT | $34.13 | $25.98 | $49.36 | $15.21 |
| Income tax expense | $0.75 | -$12.43 | -$7.13 | -$6.05 |
| Interest expense | $31.46 | $31.55 | $32.28 | $33.62 |
| Net income | ||||
| Net income | $1.92 | $6.86 | $24.22 | -$12.36 |
| Income (for common shares) | $1.92 | $6.86 | $24.22 | -$12.36 |
| (in millions $) | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2017 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1042.32 | $1218.22 | $1275.06 | $1282.72 |
| Cost of revenue | $593.76 | $601.19 | $596.25 | $585.54 |
| Gross Profit | $448.56 | $617.03 | $678.81 | $697.18 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $92.17 | $95.16 | $91.09 | $94.65 |
| Total operating expenses | $246.76 | $295.23 | $301.55 | $339.06 |
| Operating income | $201.8 | $321.79 | $377.27 | $358.12 |
| Income from continuing operations | ||||
| EBIT | $128.9 | $226.75 | $279.81 | $268.13 |
| Income tax expense | -$24.5 | $29.32 | $42.08 | $59.51 |
| Interest expense | $130.13 | $127.76 | $124.87 | $129.77 |
| Net income | ||||
| Net income | $23.27 | $69.67 | $112.86 | $78.85 |
| Income (for common shares) | $23.27 | $69.67 | $112.86 | $78.85 |
| (in millions $) | 31 Mar 2021 | 31 Dec 2020 | 30 Sep 2020 | 30 Jun 2020 |
|---|---|---|---|---|
| Net income | $1.92 | $6.86 | $24.22 | -$12.36 |
| Operating activities | ||||
| Depreciation | $49.41 | $52.16 | $52.29 | $51.04 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $2.35 | $1.86 | $1.66 | $1.86 |
| Total cash flows from operations | $91.35 | $1.52 | $106.91 | $18.03 |
| Investing activities | ||||
| Capital expenditures | -$6.93 | $15.24 | -$39.56 | -$50.63 |
| Investments | ||||
| Total cash flows from investing | -$8.51 | $16.16 | -$39.6 | -$50.7 |
| Financing activities | ||||
| Dividends paid | -$78.49 | -$1.82 | -$1.78 | -$1.77 |
| Sale and purchase of stock | ||||
| Net borrowings | -$41.62 | -$1.61 | -$351.56 | -$1.76 |
| Total cash flows from financing | -$121.75 | -$4.15 | -$353.39 | -$9.97 |
| Effect of exchange rate | $0.01 | $0.01 | $0.07 | |
| Change in cash and equivalents | -$38.91 | $13.54 | -$286.07 | -$42.56 |
| (in millions $) | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2017 |
|---|---|---|---|---|
| Net income | $23.27 | $69.67 | $112.86 | $78.85 |
| Operating activities | ||||
| Depreciation | $206.01 | $197.4 | $209.33 | $229.22 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $6.51 | $6.91 | $8.32 | $7.55 |
| Total cash flows from operations | $218.75 | $399.95 | $449.85 | $444.17 |
| Investing activities | ||||
| Capital expenditures | -$129.18 | -$261.29 | $99.79 | -$102.44 |
| Investments | ||||
| Total cash flows from investing | -$127.77 | -$259.81 | $106.28 | -$115.16 |
| Financing activities | ||||
| Dividends paid | -$46.77 | -$170.39 | -$165.8 | -$158.97 |
| Sale and purchase of stock | -$31.09 | -$130.72 | -$85.41 | -$62.32 |
| Net borrowings | $43.19 | $221.93 | -$148.4 | -$61.19 |
| Total cash flows from financing | -$42.68 | -$81.88 | -$403.61 | -$300.12 |
| Effect of exchange rate | -$0.05 | $0.07 | -$0.16 | $0.29 |
| Change in cash and equivalents | $48.25 | $58.33 | $152.36 | $29.18 |
News
|
'Reopening Trade' Jolts Securitized Market as Megadeals Return
Bloomberg
25 Jun 2021
|
|
Top Analyst Reports for AT&T, Walmart & Cisco
Zacks via Yahoo Finance
21 Jun 2021
|
|
Uber to Buy Remaining Stake in Online Grocer Cornershop
Bloomberg via Yahoo Finance
21 Jun 2021
|
|
Where Can You Fly Right Now? Germans Roll Out Their Beach Towels
Bloomberg via Yahoo Finance
18 Jun 2021
|
|
Extended Stay America Acquired by Blackstone and Starwood Capital Group for $6B
SmarterAnalyst via Yahoo Finance
17 Jun 2021
|
|
You can now shop for and buy a new MINI online in 30 minutes or less
Newsweek
17 Jun 2021
|
|
A $1 Trillion Buying Spree Lets S&P 500 Brush Off Bear Warnings
Bloomberg via Yahoo Finance
17 Jun 2021
|
|
WWII veteran celebrates 100th birthday with family
New Hampshire Union Leader
17 Jun 2021
|
|
Average Southland Gas Prices Extend Run of Stability | KFI AM 640
iHeartRadio
16 Jun 2021
|
|
Brazil to Lift Rates as Inflation Pressure Grows: Decision Guide
Bloomberg via Yahoo Finance
16 Jun 2021
|
Fundamentals
| Market cap | $3.51B |
|---|---|
| Enterprise value | $5.78B |
| Shares outstanding | 177.73M |
| Revenue | $1.04B |
|---|---|
| EBITDA | $329.58M |
| EBIT | $124.68M |
| Net Income | $20.63M |
| Revenue Q/Q | -2.53% |
| Revenue Y/Y | -14.19% |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | 5.58 |
| EV/EBITDA | 17.55 |
| EV/EBIT | 46.38 |
| P/S ratio | 3.39 |
| P/B ratio | 0.00 |
| Book/Share | 3.85 |
| Cash/Share | 2.09 |
| EPS | $0.12 |
|---|---|
| ROA | 0.50% |
| ROE | 3.06% |
| Debt/Equity | 4.32 |
|---|---|
| Net debt/EBITDA | 7.63 |
| Current ratio | 0.46 |
| Quick ratio | 0.46 |