TravelCentersofAmerica (NASDAQ:TA) Downgradedby BMOCapitalMarkets to MarketPerform

TravelCentersofAmerica stock has undergone multiple analysts rating changes in the recent past.  TravelCentersofAmerica Downgradedby BMOCapitalMarkets on 10/11/2021. In a note to investors, the firm issued a new rating of MarketPerform. The analysts previously had rating of Outperform.

Shares of TravelCentersofAmerica traded down -$0.38 on friday, reaching $55.62. 110 shares of the stock traded hands, compared to its average volume of 146069. Shares of TravelCentersofAmerica were trading at $55.62 on friday. The firm’s 50 day moving average is $42.34 and its 200 day moving average is $32.26.TravelCentersofAmerica has a 12 month low of $55.16 and a 12 month high of $57.28. While on yearly highs and lows, TravelCentersofAmerica’s today has traded high as $57.28 and has touched $55.16 on the downward trend. See More Analyst Rating at: RATING

TravelCentersofAmerica Earnings and What to expect: 

TravelCenters of America last issued its earnings results on August 1st, 2021. The specialty retailer reported $2.08 EPS for the quarter, topping the consensus estimate of ($0.13) by $2.21. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.93 billion. TravelCenters of America has generated ($0.44) earnings per share over the last year ($1.81 diluted earnings per share) and currently has a price-to-earnings ratio of 30.7. Earnings for TravelCenters of America are expected to decrease by -42.45% in the coming year, from $2.12 to $1.22 per share. TravelCenters of America has confirmed that its next quarterly earnings report will be published on Monday, November 1st, 2021. TravelCenters of America will be holding an earnings conference call on Tuesday, November 2nd at 10:00 AM Eastern. Interested parties can or dial in at 412-317-0088 with passcode “10160345”.

Earnings for TravelCenters of America are expected to decrease by -42.45% in the coming year, from $2.12 to $1.22 per share. The P/E ratio of TravelCenters of America is 30.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.54. The P/E ratio of TravelCenters of America is 30.73, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.68. TravelCenters of America has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

TravelCentersofAmerica (NASDAQ:TA) Moving Average Technical Analysis

5 day Moving Average is $54.60 And 5 day price change is $2.48 (4.67%)  with average volume for 5 day average is 157,620. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $48.13 and 20 day price change is $13.60 (32.37%) and average 20 day moving volume is 163,360. 50 day moving average is $42.34  and 50 day price change is $26.52 ( 91.13%)  and with average volume for 50 days is : 151,672. 200 day moving average is $32.26  and 200 day price change is $20.28 (57.39%)  and with average volume for 200 days is : 149,848.

Other owners latest trading in TravelCentersofAmerica :

  • On 8/23/2021 shares held by Morgan Stanley were 120,541 which equates to market value of $3.53M and appx 0.00% owners of TravelCentersofAmerica
  • On 8/17/2021 shares held by Wells Fargo & Company MN were 4,079 which equates to market value of $0.12M and appx 0.00% owners of TravelCentersofAmerica
  • On 8/17/2021 shares held by Invesco Ltd. were 116,614 which equates to market value of $3.41M and appx 0.00% owners of TravelCentersofAmerica
  • In total Institutional ownership equates to Institutional Ownership Percentage: 55.62% for TravelCentersofAmerica

See More Analyst Rating at: RATING