LendingTree (NASDAQ:TREE - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.74 per share and revenue of $244.93 million for the quarter.
LendingTree Stock Performance
Shares of NASDAQ TREE traded up $0.01 during trading hours on Friday, reaching $51.54. The stock had a trading volume of 234,996 shares, compared to its average volume of 241,894. The firm has a market cap of $690.33 million, a price-to-earnings ratio of -19.09 and a beta of 1.90. 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 fifty-two week low of $34.55 and a fifty-two week high of $62.49. The firm has a 50-day moving average of $46.02 and a 200-day moving average of $45.44.
Insider Transactions at LendingTree
In other LendingTree news, COO Scott Peyree bought 21,045 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of $41.69 per share, with a total value of $877,366.05. Following the purchase, the chief operating officer now owns 76,760 shares in the company, valued at approximately $3,200,124.40. This represents a 37.77 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 23.40% of the company's stock.
Analysts Set New Price Targets
TREE has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their target price on LendingTree from $65.00 to $68.00 and gave the company an "overweight" rating in a research report on Thursday, March 6th. Northland Securities raised LendingTree from a "market perform" rating to an "outperform" rating and set a $60.00 price objective for the company in a research report on Tuesday, January 21st. StockNews.com raised LendingTree from a "buy" rating to a "strong-buy" rating in a research report on Friday. Northland Capmk raised LendingTree from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 21st. Finally, Stephens reaffirmed an "overweight" rating and set a $69.00 price objective on shares of LendingTree in a research report on Thursday, March 6th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $65.75.
Check Out Our Latest Analysis on TREE
About LendingTree
(
Get Free Report)
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.
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