The price of LendingTree Inc. (NASDAQ: TREE) closed at $35.37 in the last session, up 8.43% from day before closing price of $32.62. In other words, the price has increased by $+2.75 from its previous closing price. On the day, 575768 shares were traded. TREE stock price reached its highest trading level at $37.24 during the session, while it also had its lowest trading level at $33.00.
Ratios:
We take a closer look at TREE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.60. For the most recent quarter (mrq), Quick Ratio is recorded 3.76 and its Current Ratio is at 2.60. In the meantime, Its Debt-to-Equity ratio is 4.86 whereas as Long-Term Debt/Eq ratio is at 4.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on Feb-29-24, Upgraded its rating to Outperform and sets its target price to $45 from $24 previously.
On January 08, 2024, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $25 to $45.
Susquehanna Downgraded its Positive to Neutral on February 28, 2023, whereas the target price for the stock was revised from $46 to $36.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 30 when LEBDA DOUGLAS R sold 130,000 shares for $18.95 per share. The transaction valued at 2,464,150 led to the insider holds 0 shares of the business.
LEBDA DOUGLAS R sold 172,926 shares of TREE for $3,270,031 on Aug 29. The Chairman & CEO now owns 4,559 shares after completing the transaction at $18.91 per share. On Aug 29, another insider, LEBDA DOUGLAS R, who serves as the Chairman & CEO of the company, sold 84,859 shares for $18.91 each. As a result, the insider received 1,604,684 and left with 130,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TREE now has a Market Capitalization of 460.17M and an Enterprise Value of 951.88M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 3.72. Its current Enterprise Value per Revenue stands at 1.42 whereas that against EBITDA is 27.00.
Stock Price History:
Over the past 52 weeks, TREE has reached a high of $38.00, while it has fallen to a 52-week low of $10.12. The 50-Day Moving Average of the stock is 31.80, while the 200-Day Moving Average is calculated to be 21.95.
Shares Statistics:
According to the various share statistics, TREE traded on average about 350.69K shares per day over the past 3-months and 297.08k shares per day over the past 10 days. A total of 13.04M shares are outstanding, with a floating share count of 10.66M. Insiders hold about 18.02% of the company’s shares, while institutions hold 69.00% stake in the company. Shares short for TREE as of Feb 15, 2024 were 607.92k with a Short Ratio of 1.73, compared to 661.2k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.68% and a Short% of Float of 7.30%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.31 for the current quarter, with a high estimate of $0.48 and a low estimate of $0.04, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.61, with high estimates of $0.93 and low estimates of $0.31.
Analysts are recommending an EPS of between $3.7 and $1.53 for the fiscal current year, implying an average EPS of $2.36. EPS for the following year is $3.36, with 6 analysts recommending between $6.06 and $1.02.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $162.31M. It ranges from a high estimate of $164M to a low estimate of $159.62M. As of the current estimate, LendingTree Inc.’s year-ago sales were $200.5M, an estimated decrease of -19.00% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $170.42M, a decrease of -12.00% over than the figure of -$19.00% in the same quarter last year. There is a high estimate of $180M for the next quarter, whereas the lowest estimate is $161M.
A total of 8 analysts have provided revenue estimates for TREE’s current fiscal year. The highest revenue estimate was $703.07M, while the lowest revenue estimate was $656M, resulting in an average revenue estimate of $675.31M. In the same quarter a year ago, actual revenue was $672.5M, up 0.40% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $778.33M in the next fiscal year. The high estimate is $830M and the low estimate is $748M. The average revenue growth estimate for next year is up 15.30% from the average revenue estimate for this year.
