LendingTree Inc [NASDAQ: TREE] jumped around 0.35 points on Friday, while shares priced at $40.64 at the close of the session, up 0.87%.
Compared to the average trading volume of 327.84K shares, TREE reached a trading volume of 260550 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about LendingTree Inc [TREE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TREE shares is $67.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TREE stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for LendingTree Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 28, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price from $25 to $45. The new note on the price target was released on January 08, 2024, representing the official price target for LendingTree Inc stock. Previously, the target price had yet another drop from $46 to $36, while Susquehanna kept a Neutral rating on TREE stock.
The Average True Range (ATR) for LendingTree Inc is set at 2.15, with the Price to Sales ratio for TREE stock in the period of the last 12 months amounting to 0.70. The Price to Book ratio for the last quarter was 5.76, with the Price to Cash per share for the same quarter was set at 7.24. Price to Free Cash Flow for TREE in the course of the last twelve months was 10.28 with Quick ratio for the last quarter at 0.92.
How has TREE stock performed recently?
LendingTree Inc [TREE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.05. With this latest performance, TREE shares gained by 1.30% in over the last four-week period, additionally sinking by -22.22% over the last 6 months – not to mention a rise of 56.49% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TREE stock in for the last two-week period is set at 52.85, with the RSI for the last a single of trading hit 60.03, and the three-weeks RSI is set at 48.76 for LendingTree Inc [TREE]. The present Moving Average for the last 50 days of trading for this stock 41.94, while it was recorded at 38.56 for the last single week of trading, and 46.88 for the last 200 days.
LendingTree Inc [TREE]: Deeper insight into the fundamentals
LendingTree Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.92 and a Current Ratio set at 0.92.
Insider trade positions for LendingTree Inc [TREE]
There are presently around $79.89%, or 97.52%% of TREE stock, in the hands of institutional investors. The top three institutional holders of TREE stocks are: BLACKROCK INC. with ownership of 1.01 million shares, which is approximately 7.691%. VANGUARD GROUP INC, holding 0.73 million shares of the stock with an approximate value of $$30.37 million in TREE stocks shares; and VANGUARD GROUP INC, currently with $$19.67 million in TREE stock with ownership which is approximately 3.6099%.
