Stock Market Recap: LendingTree Inc (TREE) Concludes at 43.43, a -2.05 Surge/Decline

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After finishing at $44.34 in the prior trading day, LendingTree Inc (NASDAQ: TREE) closed at $43.43, down -2.05%. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 0.71 million shares were traded. TREE stock price reached its highest trading level at $44.375 during the session, while it also had its lowest trading level at $41.35.

Ratios:

Our goal is to gain a better understanding of TREE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 5.82 whereas as Long-Term Debt/Eq ratio is at 4.42.

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 February 28, 2024, 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 11 ’24 when Enlow-Novitsky Heather sold 564 shares for $52.54 per share. The transaction valued at 29,633 led to the insider holds 0 shares of the business.

Rodriguez Diego A sold 102 shares of TREE for $4,829 on Nov 05 ’24. The Director now owns 4,109 shares after completing the transaction at $47.34 per share. On Aug 15 ’24, another insider, Rodriguez Diego A, who serves as the Director of the company, sold 2,000 shares for $49.16 each. As a result, the insider received 98,320 and left with 4,211 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 580311680 and an Enterprise Value of 1044554560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 6.16. Its current Enterprise Value per Revenue stands at 1.351 whereas that against EBITDA is 24.676.

Stock Price History:

Over the past 52 weeks, TREE has reached a high of $62.49, while it has fallen to a 52-week low of $15.10. The 50-Day Moving Average of the stock is -20.54%, while the 200-Day Moving Average is calculated to be -6.29%.

Shares Statistics:

The stock has traded on average 228.46K shares per day over the past 3-months and 406630 shares per day over the last 10 days, according to various share statistics. A total of 13.04M shares are outstanding, with a floating share count of 10.95M. Insiders hold about 18.03% of the company’s shares, while institutions hold 78.01% stake in the company. Shares short for TREE as of 1730332800 were 315601 with a Short Ratio of 1.38, compared to 1727654400 on 217895. Therefore, it implies a Short% of Shares Outstanding of 315601 and a Short% of Float of 3.6999999999999997.

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