Travelport Worldwide Limited (TVPT) Receiving Somewhat Positive News Coverage, Study Finds

News coverage about Travelport Worldwide Limited (NYSE:TVPT) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing 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 nearest to one being the most favorable. Travelport Worldwide Limited earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.9665444593037 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

TVPT has been the subject of a number of research reports. Cowen and Company reiterated an “outperform” rating and issued a $16.00 price target on shares of Travelport Worldwide Limited in a research note on Wednesday, June 28th. ValuEngine upgraded Travelport Worldwide Limited from a “hold” rating to a “buy” rating in a research note on Thursday, June 15th. BidaskClub upgraded Travelport Worldwide Limited from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 15th. Finally, Zacks Investment Research upgraded Travelport Worldwide Limited from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Thursday, August 10th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Travelport Worldwide Limited has an average rating of “Buy” and a consensus target price of $15.38.

Shares of Travelport Worldwide Limited (NYSE TVPT) opened at 14.14 on Friday. The company has a market cap of $1.76 billion, a PE ratio of 16.91 and a beta of 0.61. Travelport Worldwide Limited has a one year low of $11.38 and a one year high of $15.15. The company’s 50-day moving average price is $14.11 and its 200 day moving average price is $13.35.

Travelport Worldwide Limited (NYSE:TVPT) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.26. The business had revenue of $612.10 million during the quarter, compared to analysts’ expectations of $618.27 million. Travelport Worldwide Limited had a net margin of 4.42% and a negative return on equity of 50.52%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.28 EPS. Equities analysts forecast that Travelport Worldwide Limited will post $1.37 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, September 7th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Wednesday, September 6th. Travelport Worldwide Limited’s dividend payout ratio is 35.29%.

In other Travelport Worldwide Limited news, insider Antonios Basoukeas sold 6,895 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $13.72, for a total transaction of $94,599.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.19% of the company’s stock.

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Travelport Worldwide Limited Company Profile

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment, mobile and other solutions for the travel and tourism industry. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform (its Travel Commerce Platform).

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