Why TravelCenters of America (TA) Stock Is Gaining Today

NEW YORK (TheStreet) -- TravelCenters of America (TA) was gaining 5.8% to $10.29 Friday after beating analysts' estimates for earnings on the fiscal first quarter.

For the first quarter TravelCenters of America reported earnings of 1 cent a share, beating the Thomson Reuters consensus estimate of a loss of -19 cents a share by 20 cents. Revenue grew 0.5% from the year-ago quarter to $1.97 billion.

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TheStreet Ratings team rates TRAVELCENTERS OF AMERICA LLC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate TRAVELCENTERS OF AMERICA LLC (TA) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."

You can view the full analysis from the report here: TA Ratings Report

TA Chart TA data by YCharts

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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 or Stephanie Link.

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