TravelCenters of America (TA) Earning Somewhat Favorable Press Coverage, Report Finds
Media coverage about TravelCenters of America (NYSE:TA) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TravelCenters of America earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 46.107969491504 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- TravelCenters of America LLC Third Quarter 2017 Conference Call Scheduled for Tuesday, November 7 th (businesswire.com)
- TravelCenters of America LLC : Has Done It Again! (4-traders.com)
- TA Truck Service Turns Its Attention to Smaller Fleets – Modern Tire Dealer (moderntiredealer.com)
- TravelCenters of America Has Done It Again! | Business Wire – Business Wire (press release) (businesswire.com)
TravelCenters of America (NYSE TA) remained flat at $4.90 during mid-day trading on Tuesday. 123,831 shares of the company traded hands. TravelCenters of America has a 1-year low of $2.95 and a 1-year high of $7.75. The firm has a 50 day moving average of $4.62 and a 200-day moving average of $4.27. The company’s market cap is $193.82 million.
TravelCenters of America (NYSE:TA) last released its quarterly earnings data on Tuesday, August 8th. The specialty retailer reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.01). The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.55 billion. TravelCenters of America had a negative return on equity of 2.19% and a negative net margin of 0.20%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 EPS. Equities research analysts predict that TravelCenters of America will post ($0.69) EPS for the current year.
Several brokerages have issued reports on TA. Zacks Investment Research raised 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 Inc. lowered 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. Finally, FBR & Co reaffirmed a “buy” rating and issued a $10.00 target price (up previously from $9.00) on shares of TravelCenters of America in a research note on Tuesday, September 12th. Two analysts have rated the stock with a sell rating and two have issued a buy rating to the company. TravelCenters of America has a consensus rating of “Hold” and a consensus target price of $6.83.
COPYRIGHT VIOLATION WARNING: “TravelCenters of America (TA) Earning Somewhat Favorable Press Coverage, Report Finds” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://theolympiareport.com/2017/10/31/travelcenters-of-america-ta-earning-somewhat-favorable-press-coverage-report-finds.html.
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.
Receive News & Ratings for TravelCenters of America LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TravelCenters of America LLC and related companies with Analyst Ratings Network's FREE daily email newsletter.