LendingTree (TREE) Projected to Post Quarterly Earnings on Tuesday

LendingTree (NASDAQ:TREE) is expected to announce its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $238.12 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

LendingTree Stock Performance

Shares of NASDAQ TREE opened at $41.27 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 3.67. LendingTree has a 12 month low of $28.50 and a 12 month high of $62.49. The company has a 50 day simple moving average of $41.93 and a two-hundred day simple moving average of $48.15. The stock has a market cap of $551.37 million, a price-to-earnings ratio of -15.29 and a beta of 2.07.

Analyst Upgrades and Downgrades

Several analysts have commented on TREE shares. Oppenheimer lifted their price objective on shares of LendingTree from $65.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Susquehanna lifted their price objective on shares of LendingTree from $50.00 to $58.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Needham & Company LLC lifted their price objective on shares of LendingTree from $67.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, November 1st. StockNews.com upgraded shares of LendingTree from a “hold” rating to a “buy” rating in a research note on Friday, February 14th. Finally, Northland Capmk raised shares of LendingTree from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, LendingTree presently has an average rating of “Buy” and an average price target of $64.00.

Insider Buying and Selling

In other LendingTree news, CTO Scott V. Totman bought 3,750 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was acquired at an average price of $38.59 per share, with a total value of $144,712.50. Following the completion of the acquisition, the chief technology officer now directly owns 18,192 shares of the company’s stock, valued at $702,029.28. This represents a 25.97 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas R. Lebda bought 13,000 shares of the company’s stock in a transaction dated Friday, December 6th. The shares were acquired at an average cost of $39.72 per share, with a total value of $516,360.00. Following the acquisition, the chief executive officer now directly owns 121,599 shares of the company’s stock, valued at approximately $4,829,912.28. This represents a 11.97 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 23.40% of the stock is owned by insiders.

LendingTree Company Profile

LendingTree, Inc, through its subsidiary, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, and home equity loans and lines of credit; and real estate brokerage services.