Lendingtree (NASDAQ:TREE) Earning Somewhat Positive Media Coverage, Analysis Shows

News headlines about Lendingtree (NASDAQ:TREE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lendingtree earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.3153747480264 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

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

Shares of Lendingtree (NASDAQ TREE) opened at $364.00 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.86 and a current ratio of 3.86. Lendingtree has a 12 month low of $102.40 and a 12 month high of $370.73. The firm has a market cap of $4,356.64, a P/E ratio of 159.65, a PEG ratio of 2.16 and a beta of 1.54.

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

In other news, CEO Douglas R. Lebda sold 8,000 shares of the business’s stock in a transaction on Thursday, December 27th. The shares were sold at an average price of $338.81, for a total transaction of $2,710,480.00. Following the sale, the chief executive officer now directly owns 379,327 shares of the company’s stock, valued at $128,519,780.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas R. Lebda sold 4,000 shares of the business’s stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $236.51, for a total transaction of $946,040.00. Following the sale, the chief executive officer now directly owns 489,408 shares in the company, valued at $115,749,886.08. The disclosure for this sale can be found here. Insiders sold 129,374 shares of company stock worth $38,061,646 over the last ninety days. Corporate insiders own 21.90% of the company’s stock.

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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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