A share price of LendingTree Inc. [TREE] is currently trading at $39.57, up 11.87%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TREE shares have gain 14.60% over the last week, with a monthly amount glided 16.97%, and seem to be holding up well over a long-time horizon.
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On 27, February 2024, LENDINGTREE REPORTS FOURTH QUARTER 2023 RESULTS. In a post published today on Yahoo Finance, Trough AEBITDA Levels Set to Inflect as Insurance Recovery Gathers Pace.
From an analyst’s perspective:
LendingTree Inc. [NASDAQ: TREE] stock has seen the most recent analyst activity on February 28, 2024, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $45 from $24. Previously, Oppenheimer reaffirmed its Outperform rating on January 08, 2024, and elevated its price target to $45. On February 28, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $36 on the stock. Northland Capital downgraded its rating to a Market Perform but $90 remained the price target by the analyst firm on May 06, 2022. Oppenheimer reiterated a Outperform rating for this stock on March 28, 2022, but kept the price target unchanged to $190. In a note dated February 28, 2022, Oppenheimer reiterated an Outperform rating on this stock and revised its target price from $200 to $190.
LendingTree Inc. experienced fluctuations in its stock price throughout the past year between $10.12 and $38.00. Currently, Wall Street analysts expect the stock to reach $110.67 within the next 12 months. LendingTree Inc. [NASDAQ: TREE] shares were valued at $39.57 at the most recent close of the market. An investor can expect a potential return of 179.68% based on the average TREE price forecast.
Analyzing the TREE fundamentals
Trailing Twelve Months sales for LendingTree Inc. [NASDAQ:TREE] were 672.50M which represents -33.51% decline. Gross Profit Margin for this corporation currently stands at 0.94% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.74 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.93.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.78 points at the first support level, and at 34.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.16, and for the 2nd resistance point, it is at 42.76.
LendingTree Inc. [TREE] reported earnings per share of $0.28 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.04/share, meaning a difference of $0.24 and a surprise factor of 600.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.61 per share as compared to estimates of $0.35 per share, a difference of $0.26 representing a surprise of 74.30%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for LendingTree Inc. [NASDAQ:TREE] is 2.60. In addition, the Quick Ratio stands at 3.76 and the Cash Ratio stands at 2.47. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 4.16.
Transactions by insiders
Recent insider trading involved LEBDA DOUGLAS R, Chairman & CEO, that happened on Aug 30 when 0.13 million shares were sold. Chairman & CEO, LEBDA DOUGLAS R completed a deal on Aug 29 to sell 0.17 million shares. Meanwhile, Chairman & CEO LEBDA DOUGLAS R sold 84859.0 shares on Aug 29.
