Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Lendingtree (TREE) Share Price

Press coverage about Lendingtree (NASDAQ:TREE) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lendingtree earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.5363674532662 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:

Shares of Lendingtree (TREE) traded up $1.70 on Friday, reaching $364.00. 99,417 shares of the company were exchanged, compared to its average volume of 226,440. The stock has a market capitalization of $4,360.00, a P/E ratio of 143.87, a P/E/G ratio of 2.15 and a beta of 1.54. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.86 and a quick ratio of 3.86. Lendingtree has a 1-year low of $102.40 and a 1-year high of $370.73.

Lendingtree (NASDAQ:TREE) last announced its earnings results on Thursday, October 26th. The financial services provider reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.20. The business had revenue of $171.50 million for 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%. Lendingtree’s quarterly revenue was up 81.3% on a year-over-year basis. During the same period last year, the firm posted $0.80 earnings per share. research analysts anticipate that Lendingtree will post 3.06 EPS for the current year.

A number of equities analysts have recently commented on TREE shares. Zacks Investment Research lowered shares of Lendingtree from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Stephens raised their price objective on shares of Lendingtree from $250.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, October 26th. BWS Financial lowered shares of Lendingtree from a “buy” rating to a “sell” rating and set a $194.00 price objective for the company. in a research report on Thursday, October 12th. Bank of America raised their price objective on shares of Lendingtree from $250.00 to $285.00 and gave the company a “buy” rating in a research report on Tuesday, October 10th. Finally, Northland Securities restated a “buy” rating and issued a $280.00 price objective on shares of Lendingtree in a research report on Thursday, October 26th. One analyst has rated the stock with a sell rating, one has given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Lendingtree has an average rating of “Buy” and an average target price of $278.08.

In other Lendingtree news, President Neil Salvage sold 1,500 shares of Lendingtree stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $267.08, for a total transaction of $400,620.00. Following the transaction, the president now directly owns 12,907 shares of the company’s stock, valued at $3,447,201.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas R. Lebda sold 4,000 shares of Lendingtree stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $236.51, for a total transaction of $946,040.00. Following the transaction, 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. 21.90% of the stock is currently owned by insiders.

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Lendingtree Company Profile

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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