LendingTree (TREE) Hits New Lifetime High
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified LendingTree as such a stock due to the following factors:
- TREE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $10.7 million.
- TREE has traded 1,228 shares today.
- TREE is trading at a new lifetime high.
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More details on TREE:
LendingTree, Inc., through its subsidiaries, owns various brands and businesses that provide information, tools, advice, products, and services for critical transactions in consumers' lives. Currently there are 2 analysts that rate LendingTree a buy, no analysts rate it a sell, and none rate it a hold.
The average volume for LendingTree has been 175,800 shares per day over the past 30 days. LendingTree has a market cap of $616.0 million and is part of the financial sector and real estate industry. The stock has a beta of 1.06 and a short float of 12.3% with 4.26 days to cover. Shares are up 13.5% year-to-date as of the close of trading on Tuesday.
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Analysis:
rates LendingTree as a
. The area that we feel has been the company's primary weakness has been its disappointing return on equity.
Highlights from the ratings report include:
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Thrifts & Mortgage Finance industry and the overall market, LENDINGTREE INC's return on equity significantly trails that of both the industry average and the S&P 500.
- LENDINGTREE INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. However, the consensus estimates suggest that there will be an upward trend in the coming year. During the past fiscal year, LENDINGTREE INC's EPS of -$0.06 remained unchanged from the prior years' EPS of -$0.06. This year, the market expects an improvement in earnings ($1.22 versus -$0.06).
- The gross profit margin for LENDINGTREE INC is currently very high, coming in at 94.91%. Regardless of TREE's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, TREE's net profit margin of 35.64% significantly outperformed against the industry.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Thrifts & Mortgage Finance industry. The net income increased by 7841.1% when compared to the same quarter one year prior, rising from -$0.20 million to $15.64 million.
- This stock has increased by 58.10% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the future course of this stock, we feel that the risks involved in investing in TREE do not compensate for any future upside potential, despite the fact that it has seen nice gains over the past 12 months.
- You can view the full LendingTree Ratings Report.
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