Equities research analysts expect that TravelCenters of America LLC (NASDAQ:TA) will post sales of $1.54 billion for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for TravelCenters of America’s earnings. The highest sales estimate is $1.63 billion and the lowest is $1.44 billion. TravelCenters of America posted sales of $1.42 billion in the same quarter last year, which would indicate a positive year over year growth rate of 8.5%. The firm is scheduled to announce its next earnings report on Tuesday, February 27th.

According to Zacks, analysts expect that TravelCenters of America will report full-year sales of $1.54 billion for the current financial year, with estimates ranging from $5.91 billion to $6.10 billion. For the next financial year, analysts forecast that the firm will report sales of $6.50 billion per share, with estimates ranging from $6.28 billion to $6.73 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that cover TravelCenters of America.

A number of equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of TravelCenters of America from a “sell” rating to a “buy” rating and set a $6.00 target price for the company in a research note on Wednesday, October 11th. Citigroup downgraded shares of TravelCenters of America from a “buy” rating to a “sell” rating and set a $4.50 target price for the company. in a research note on Wednesday, October 11th. B. Riley set a $10.00 target price on shares of TravelCenters of America and gave the stock a “buy” rating in a research note on Thursday, November 30th. Finally, TheStreet upgraded shares of TravelCenters of America from a “d” rating to a “c-” rating in a research note on Thursday, November 30th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $7.38.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd acquired a new position in TravelCenters of America in the third quarter valued at $126,000. Jane Street Group LLC purchased a new stake in shares of TravelCenters of America in the third quarter valued at about $169,000. State Street Corp raised its holdings in shares of TravelCenters of America by 29.5% in the second quarter. State Street Corp now owns 41,685 shares of the specialty retailer’s stock valued at $171,000 after buying an additional 9,506 shares during the last quarter. Highbridge Capital Management LLC purchased a new stake in shares of TravelCenters of America in the third quarter valued at about $225,000. Finally, Hanson & Doremus Investment Management raised its holdings in shares of TravelCenters of America by 144.7% in the third quarter. Hanson & Doremus Investment Management now owns 54,430 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 32,185 shares during the last quarter. Institutional investors own 34.10% of the company’s stock.

Shares of TravelCenters of America (NASDAQ TA) traded up $0.05 during mid-day trading on Friday, hitting $4.70. 152,454 shares of the company were exchanged, compared to its average volume of 338,716. The company has a current ratio of 1.21, a quick ratio of 0.64 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $185.91, a P/E ratio of 7.97 and a beta of 2.37. TravelCenters of America has a 12-month low of $2.95 and a 12-month high of $7.50.

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About TravelCenters of America

TravelCenters of America LLC (TravelCenters) operates and franchises travel centers and convenience store and restaurant locations. The Company’s segments include travel centers, convenience stores, and corporate and other. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), travel/convenience stores and various customer amenities.

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