LendingTree (NASDAQ: TREE) recently received a number of ratings updates from brokerages and research firms:

  • 8/3/2017 – LendingTree was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “LendingTree is the nation’s leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc. “
  • 7/30/2017 – LendingTree had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $250.00 price target on the stock, up previously from $200.00.
  • 7/28/2017 – LendingTree had its price target raised by analysts at Royal Bank Of Canada from $160.00 to $250.00. They now have an “outperform” rating on the stock.
  • 7/27/2017 – LendingTree had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $250.00 price target on the stock, up previously from $200.00.
  • 7/25/2017 – LendingTree had its “buy” rating reaffirmed by analysts at Northland Securities. They now have a $150.00 price target on the stock.
  • 6/28/2017 – LendingTree was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “LendingTree is the nation’s leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc. “
  • 6/21/2017 – LendingTree is now covered by analysts at William Blair. They set an “outperform” rating and a $173.00 price target on the stock.
  • 6/20/2017 – LendingTree had its price target raised by analysts at Needham & Company LLC from $170.00 to $200.00. They now have a “buy” rating on the stock.
  • 6/18/2017 – LendingTree had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings, Inc.. They now have a $190.00 price target on the stock, up previously from $160.00.
  • 6/9/2017 – LendingTree had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $190.00 price target on the stock, up previously from $160.00.
  • 6/9/2017 – LendingTree had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.

LendingTree, Inc. (NASDAQ TREE) traded down 1.78% during trading on Tuesday, hitting $229.30. 167,282 shares of the stock were exchanged. The stock has a market cap of $2.75 billion, a P/E ratio of 107.05 and a beta of 1.58. The stock’s 50 day moving average price is $185.81 and its 200 day moving average price is $144.20. LendingTree, Inc. has a 12 month low of $75.05 and a 12 month high of $235.30.

LendingTree (NASDAQ:TREE) last announced its earnings results on Thursday, July 27th. The financial services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.17. LendingTree had a net margin of 5.85% and a return on equity of 17.01%. The firm had revenue of $152.80 million for the quarter, compared to the consensus estimate of $135.48 million. During the same period in the prior year, the firm earned $0.92 EPS. The firm’s revenue for the quarter was up 62.0% on a year-over-year basis. Analysts forecast that LendingTree, Inc. will post $3.82 EPS for the current fiscal year.

In other LendingTree news, CEO Douglas R. Lebda sold 23,866 shares of the stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $153.81, for a total value of $3,670,829.46. Following the sale, the chief executive officer now directly owns 575,248 shares of the company’s stock, valued at approximately $88,478,894.88. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Douglas R. Lebda sold 32,850 shares of the stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $145.58, for a total transaction of $4,782,303.00. Following the completion of the sale, the chief executive officer now directly owns 601,079 shares in the company, valued at $87,505,080.82. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 118,145 shares of company stock worth $18,548,851. 21.90% of the stock is owned by insiders.

LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.

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