Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Lendingtree (TREE) Stock Price

Headlines about Lendingtree (NASDAQ:TREE) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lendingtree earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.5363674532662 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Several research firms have recently commented on TREE. Oppenheimer upped their target price on Lendingtree from $340.00 to $370.00 and gave the company an “outperform” rating in a research report on Thursday, December 14th. BWS Financial downgraded Lendingtree from a “buy” rating to a “sell” rating and set a $194.00 target price on the stock. in a research report on Thursday, October 12th. BidaskClub raised Lendingtree from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 15th. Stephens reissued an “overweight” rating and set a $375.00 price target (up previously from $300.00) on shares of Lendingtree in a research report on Monday, December 18th. Finally, Zacks Investment Research raised Lendingtree from a “sell” rating to a “strong-buy” rating and set a $308.00 price target on the stock in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $278.08.

Shares of Lendingtree (NASDAQ TREE) traded up $12.75 during trading hours on Wednesday, reaching $372.75. The company had a trading volume of 221,492 shares, compared to its average volume of 213,568. The firm has a market capitalization of $4,460.00, a P/E ratio of 147.33, a P/E/G ratio of 2.16 and a beta of 1.54. Lendingtree has a 1-year low of $102.40 and a 1-year high of $374.50. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 0.78.

Lendingtree (NASDAQ:TREE) last issued its quarterly earnings results on Thursday, October 26th. The financial services provider reported $1.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.20. The business had revenue of $171.50 million for the quarter, compared to the consensus estimate of $157.97 million. Lendingtree had a return on equity of 16.52% and a net margin of 5.49%. The firm’s quarterly revenue was up 81.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 earnings per share. sell-side analysts predict that Lendingtree will post 3.06 EPS for the current fiscal year.

In other Lendingtree news, CAO Carla Shumate sold 2,414 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $275.00, for a total transaction of $663,850.00. Following the completion of the sale, the chief accounting officer now directly owns 4,841 shares in the company, valued at $1,331,275. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas R. Lebda sold 8,000 shares of the company’s stock in a transaction on Thursday, December 27th. The stock was sold at an average price of $338.81, for a total value of $2,710,480.00. Following the sale, the chief executive officer now owns 379,327 shares of the company’s stock, valued at $128,519,780.87. The disclosure for this sale can be found here. Insiders have sold 125,374 shares of company stock worth $37,115,606 in the last three months. 21.90% of the stock is currently owned by company insiders.

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About Lendingtree

LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.

Insider Buying and Selling by Quarter for Lendingtree (NASDAQ:TREE)

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