Taking the lead: LendingTree Inc (TREE)

With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.27 million shares. During the session, the Financial Conglomerates company that operates in wider Financial sector, reached to the highest price of $40.3 whereas the lowest price it dropped to was $37.48. The 52-week range on TREE shows that it touched its highest point at $62.49 and its lowest point at $19.95 during that stretch. It currently has a 1-year price target of $67.88. TREE paid its most recent dividend on 1355356800, while the ex-dividend date for that was 1355356800. Beta for the stock currently stands at 2.06.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TREE was down-trending over the past week, with a drop of -11.38%, but this was down by -19.70% over a month. Three-month performance dropped to -26.48% while six-month performance fell -8.44%. The stock gained 87.37% in the past year, while it has gained 29.22% so far this year. A look at the trailing 12-month EPS for TREE yields -2.71 with Next year EPS estimates of 1.53. For the next quarter, that number is -0.09. This implies an EPS growth rate of 61.27% for this year and 141.78% for next year.

Float and Shares Shorts:

At present, 13.36 million TREE shares are outstanding with a float of 10.95 million shares on hand for trading. On 2024-11-15, short shares totaled 0.85 million, which was 635.0 higher than short shares on 1728950400. In addition to Mr. Douglas R. Lebda as the firm’s Founder, Chairman & CEO, Mr. Scott Peyree serves as its COO & President of Marketplace Businesses.

Institutional Ownership:

Through their ownership of 0.80194 of TREE’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TREE reported revenue of $260789000.0 and operating income of $13955000.0. The EBITDA in the recently reported quarter was $24040000.0 and diluted EPS was -$4.34.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TREE since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TREE analysts setting a high price target of 78.0 and a low target of 58.0, the average target price over the next 12 months is 67.875. Based on these targets, TREE could surge 99.08% to reach the target high and rise by 48.03% to reach the target low. Reaching the average price target will result in a growth of 73.24% from current levels.

Analysts have provided yearly estimates in a range of -$3.30722 being high and -$4.0757 being low. For TREE, this leads to a yearly average estimate of -$3.66401. The surprise factor in the prior quarter was $0.66. Based on analyst estimates, the high estimate for the next quarter is $1.46 and the low estimate is $0.49. The average estimate for the next quarter is thus $0.8.