LendingTree Inc. (TREE): Good time to sell it?


LendingTree Inc. (NASDAQ:TREE) changes shares on Tuesday trading session, with a change of 1.87% or $5.11 shares. The trading starts at $284.15 and closed at $272.69 throughout the day. The trading session low price was $269.77 and day high was $284.81 on Tuesday, June 16. After the session, the Financial sector daily volume shifted to 0.1 million while its average volume is 227.60K. In other hand, the TREE market cap reached to $3.52B. While, its current target price is $277.80 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -5.91% and up 16.16% for month. Its quarterly performance was 15.06% above, while its half year performance is down -3.83%. TREE yearly performance stood at negative -29.58% and fall -8.45% for year-to-date. Current recommendation for LendingTree Inc. is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. TREE EPS (TTM) for 12-month is 3.98. EPS for this year is -65.30%, while for the next year its value is 4.42. Sales growth for the current quarter is 4.40. It has an EPS of 129.70% up for past five years and for the next five years will be up 15.85%.

Let’s take a look on the analyst recommendations on TREE for the current month and previous month. For the current month, 11 of 13 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 14 analysts participate in stock recommendation. Out of 14, 1 rated it sell, 11 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $238.00-$310.00. Average target price for TREE was reached at $270.50.

Baillie Gifford and Company, Nikko Asset Management Americas, Inc. and Sumitomo Mitsui Trust Holdings, Inc. are the top three holders in LendingTree Inc. (TREE) stock. On Mar 30, 2020, Baillie Gifford and Company has 1.35 million shares which valued 247.65 million. On Mar 30, 2020, Nikko Asset Management Americas, Inc. owned 0.79 million shares which valued at 144.5 million. On Mar 30, 2020, Sumitomo Mitsui Trust Holdings, Inc. has a total of 0.79 million shares which valued at 144.5 million. In the end, Sumitomo Mitsui Trust Holdings, Inc. have 6.03% shares outstanding of LendingTree Inc. (TREE) on Mar 30, 2020. The insider ownership moved to 5.20% and institutional holding shifted to 81.50%.

The company posted an EPS (TTM) of 3.98. According to the most recent quarter report on (Jun 2020), 12 analysts estimated an average EPS of -0.3, while 1.18 EPS posted a year ago period. Analyst Estimated EPS for TREE published in the report was -1.08-0.14 during the same period. Comparing with last year, the average estimated EPS was 1.18 which is lower than 1.2 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for TREE fall -3.86% for period of 200 days. SMA for 50 days was 17.27% which is showing green signal, while SMA-20 was 3.17%. The moving average value for LendingTree Inc. (TREE) is 268.47 and 257.56 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in TREE stock. On May 28, DeCristo Valentyna S., Sr. VP and Co-General Counsel, sold 104 trading shares at the cost of $268.97, which valued at 27973.0. On May 08, Salvage Neil, President, sold 3,593 shares at the cost of $241.23, with total shares of 5,523. On Nov 11, HORAN PETER, Director, sold 500 shares at the cost of 364.82. After this transaction, HORAN PETER total shares reached to 18,423 which valued at 0.18 million.