Does Earnings Surprise History Hold Any Clue for LendingTree (NASDAQ:TREE)

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Earnings results for LendingTree (NASDAQ:TREE)

LendingTree last released its quarterly earnings data on July 29th, 2021. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.89) by $1.65. The company had revenue of $270.01 million for the quarter, compared to analyst estimates of $271.01 million. LendingTree has generated ($1.72) earnings per share over the last year (($0.69) diluted earnings per share). Earnings for LendingTree are expected to grow in the coming year, from ($2.16) to ($0.23) per share. LendingTree has confirmed that its next quarterly earnings report will be published on Thursday, October 28th, 2021. LendingTree will be holding an earnings conference call on Thursday, October 28th at 9:00 AM Eastern. Interested parties can or dial in at 404-537-3406 with passcode “5046948”.

Analyst Opinion on LendingTree (NASDAQ:TREE)

According to the issued ratings of 7 analysts in the last year, the consensus rating for LendingTree stock is Buy based on the current 7 buy ratings for TREE. The average twelve-month price target for LendingTree is $312.50 with a high price target of $370.00 and a low price target of $225.00.

on TREE

LendingTree has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $312.50, LendingTree has a forecasted upside of 105.7% from its current price of $151.93. LendingTree has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: LendingTree (NASDAQ:TREE)

LendingTree does not currently pay a dividend. LendingTree does not have a long track record of dividend growth.

Insiders buying/selling: LendingTree (NASDAQ:TREE)

In the past three months, LendingTree insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $495,890.00 in company stock. 16.70% of the stock of LendingTree is held by insiders. A high percentage of insider ownership can be a sign of company health. 94.29% of the stock of LendingTree is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of LendingTree (NASDAQ:TREE

Earnings for LendingTree are expected to grow in the coming year, from ($2.16) to ($0.23) per share. The P/E ratio of LendingTree is -220.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of LendingTree is -220.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. LendingTree has a P/B Ratio of 5.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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