Trulia Given Consensus Rating of “Hold” by Analysts (NASDAQ:TRLA)
Trulia (NASDAQ:TRLA) has earned an average recommendation of “Hold” from the fourteen brokerages that are covering the stock, American Banking and Market News reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $39.82.
TRLA has been the subject of a number of recent research reports. Analysts at Macquarie initiated coverage on shares of Trulia in a research note on Tuesday, July 8th. They set an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Trulia from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 1st. They now have a $48.40 price target on the stock. Finally, analysts at Oppenheimer initiated coverage on shares of Trulia in a research note on Thursday, June 19th. They set a “market perform” rating on the stock.
Trulia (NASDAQ:TRLA) opened at 41.11 on Thursday. Trulia has a one year low of $26.35 and a one year high of $52.71. The stock’s 50-day moving average is $42.3 and its 200-day moving average is $35.73. The company’s market cap is $1.518 billion.
Trulia (NASDAQ:TRLA) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.12) by $0.02. The company had revenue of $54.50 million for the quarter, compared to the consensus estimate of $53.46 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The company’s quarterly revenue was up 127.1% on a year-over-year basis. On average, analysts predict that Trulia will post $-0.35 earnings per share for the current fiscal year.
In other Trulia news, Director Sami Inkinen sold 8,300 shares of the company’s stock on the open market in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $45.57, for a total value of $378,231.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Trulia, Inc is a real estate search engine company. The Company offers free and subscription products that provide real estate professionals with access to transaction-ready consumers and help them enhance their online presence.
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