In last trading session, LendingTree Inc (NASDAQ:TREE) saw 0.47 million shares changing hands with its beta currently measuring 1.91. Company’s recent per share price level of $49.26 trading at $2.72 or 5.84% at ring of the bell on the day assigns it a market valuation of $659.77M. That closing price of TREE’s stock is at a discount of -26.86% from its 52-week high price of $62.49 and is indicating a premium of 31.83% from its 52-week low price of $33.58. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.48 million shares which gives us an average trading volume of 257.12K if we extend that period to 3-months.
For LendingTree Inc (TREE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.65 in the current quarter.
LendingTree Inc (NASDAQ:TREE) trade information
Upright in the green during last session for gaining 5.84%, in the last five days TREE remained trading in the green while hitting it’s week-highest on Friday, 03/14/25 when the stock touched $49.26 price level, adding 1.7% to its value on the day. LendingTree Inc’s shares saw a change of 27.12% in year-to-date performance and have moved 1.32% in past 5-day. LendingTree Inc (NASDAQ:TREE) showed a performance of 10.80% in past 30-days. Number of shares sold short was 0.48 million shares which calculate 2.79 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 67.5 to the stock, which implies a rise of 27.02% to its current value. Analysts have been projecting 65 as a low price target for the stock while placing it at a high target of 70. It follows that stock’s current price would drop -31.95% in reaching the projected high whereas dropping to the targeted low would mean a loss of -31.95% for stock’s current value.
LendingTree Inc (TREE) estimates and forecasts
This year revenue growth is estimated to rise 12.00% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 244.93M for the same. And 7 analysts are in estimates of company making revenue of 248.5M in the next quarter. Company posted 167.8M and 210.14M of sales in current and next quarters respectively a year earlier.
LendingTree Inc (NASDAQ:TREE)’s Major holders
Insiders are in possession of 18.40% of company’s total shares while institution are holding 81.39 percent of that, with stock having share float percentage of 99.74%. Investors also watch the number of corporate investors in a company very closely, which is 81.39% institutions for LendingTree Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at TREE for having 1.01 million shares of worth $41.9 million. And as of 2024-06-30, it was holding 7.691 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.73 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.5741 of outstanding shares, having a total worth of $30.37 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 348.65 shares of worth $17.17 million or 2.60% of the total outstanding shares. The later fund manager was in possession of 280.61 shares on Dec 31, 2024 , making its stake of worth around $13.82 million in the company or a holder of 2.10% of company’s stock.
