The stock of LendingTree Inc. (TREE) has gone up by 22.97% for the week, with a 10.29% rise in the past month and a 35.91% rise in the past quarter. The volatility ratio for the week is 5.45%, and the volatility levels for the past 30 days are 5.34% for TREE. The simple moving average for the past 20 days is 22.38% for TREE’s stock, with a 78.20% simple moving average for the past 200 days.
Is It Worth Investing in LendingTree Inc. (NASDAQ: TREE) Right Now?
The stock has a 36-month beta value of 2.19. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 6 as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for TREE is 10.74M, and at present, short sellers hold a 6.93% of that float. On April 30, 2024, the average trading volume of TREE was 255.47K shares.
TREE) stock’s latest price update
LendingTree Inc. (NASDAQ: TREE) has experienced a rise in its stock price by 23.11 compared to its previous closing price of 37.35. However, the company has seen a gain of 22.97% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-30 that Tree.com (TREE) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.25 per share a year ago.
Analysts’ Opinion of TREE
Many brokerage firms have already submitted their reports for TREE stocks, with Keefe Bruyette repeating the rating for TREE by listing it as a “Outperform.” The predicted price for TREE in the upcoming period, according to Keefe Bruyette is $45 based on the research report published on February 28, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see TREE reach a price target of $45, previously predicting the price at $25. The rating they have provided for TREE stocks is “Outperform” according to the report published on January 08th, 2024.
Susquehanna gave a rating of “Neutral” to TREE, setting the target price at $36 in the report published on February 28th of the previous year.
TREE Trading at 20.18% from the 50-Day Moving Average
After a stumble in the market that brought TREE to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.30% of gains for the given period.
Volatility was left at 5.34%, however, over the last 30 days, the volatility rate increased by 5.45%, as shares surge +17.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.94% upper at present.
During the last 5 trading sessions, TREE rose by +24.53%, which changed the moving average for the period of 200-days by +83.96% in comparison to the 20-day moving average, which settled at $37.92. In addition, LendingTree Inc. saw 51.65% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TREE starting from LEBDA DOUGLAS R, who sale 130,000 shares at the price of $18.95 back on Aug 30 ’23. After this action, LEBDA DOUGLAS R now owns 0 shares of LendingTree Inc., valued at $2,464,150 using the latest closing price.
LEBDA DOUGLAS R, the Chairman & CEO of LendingTree Inc., sale 172,926 shares at $18.91 during a trade that took place back on Aug 29 ’23, which means that LEBDA DOUGLAS R is holding 4,559 shares at $3,270,031 based on the most recent closing price.
Stock Fundamentals for TREE
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.94 for the gross margin
The net margin for LendingTree Inc. stands at -0.18. The total capital return value is set at -0.04. Equity return is now at value -73.72, with -11.84 for asset returns.
Based on LendingTree Inc. (TREE), the company’s capital structure generated 0.83 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 4.92. The interest coverage ratio of the stock is -1.46.
Currently, EBITDA for the company is 84.36 million with net debt to EBITDA at 5.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.62. The receivables turnover for the company is 12.24for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.60.
Conclusion
To sum up, LendingTree Inc. (TREE) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
