The stock of LendingTree, Inc. (NASDAQ:TREE) is a huge mover today! The stock increased 4.14% or $12.95 during the last trading session, reaching $325.6. About 292,502 shares traded or 39.17% up from the average. LendingTree, Inc. (NASDAQ:TREE) has risen 126.83% since December 13, 2016 and is uptrending. It has outperformed by 110.13% the S&P500.The move comes after 5 months positive chart setup for the $3.90 billion company. It was reported on Dec, 13 by Barchart.com. We have $338.62 PT which if reached, will make NASDAQ:TREE worth $155.88M more.
The stock decreased 0.31% or $0.03 during the last trading session, reaching $9.75. About 90,911 shares traded or 19.03% up from the average. Cohen & Steers Global Income Builder, Inc (INB) has risen 7.96% since December 13, 2016 and is uptrending. It has underperformed by 8.74% the S&P500.
Analysts await LendingTree, Inc. (NASDAQ:TREE) to report earnings on February, 22. They expect $0.70 EPS, up 1.45% or $0.01 from last year’s $0.69 per share. TREE’s profit will be $8.38M for 116.29 P/E if the $0.70 EPS becomes a reality. After $0.88 actual EPS reported by LendingTree, Inc. for the previous quarter, Wall Street now forecasts -20.45% negative EPS growth.
Investors sentiment increased to 1.3 in Q2 2017. Its up 0.17, from 1.13 in 2017Q1. It is positive, as 16 investors sold LendingTree, Inc. shares while 64 reduced holdings. 36 funds opened positions while 54 raised stakes. 8.38 million shares or 6.58% less from 8.97 million shares in 2017Q1 were reported. 6,832 are owned by Raymond James Assoc. Comerica National Bank & Trust reported 7,604 shares. State Of Tennessee Treasury Department has invested 0.01% of its portfolio in LendingTree, Inc. (NASDAQ:TREE). Manufacturers Life Ins Co The invested in 0% or 5,059 shares. Barclays Public Ltd has 0% invested in LendingTree, Inc. (NASDAQ:TREE). Lpl Ltd Com holds 1,990 shares or 0% of its portfolio. 3,769 are held by Arizona State Retirement Sys. First Tru Advsrs Ltd Partnership holds 18,394 shares or 0.01% of its portfolio. California Public Employees Retirement has 0.01% invested in LendingTree, Inc. (NASDAQ:TREE). Ameritas Invest Prtnrs invested in 549 shares. Great Lakes Advisors Ltd Co holds 0.13% or 30,123 shares. Sumitomo Mitsui Asset Mgmt Comm Ltd, Japan-based fund reported 241,395 shares. Fund Mngmt Sa reported 10,456 shares stake. Ls Inv Advsrs invested 0.02% of its portfolio in LendingTree, Inc. (NASDAQ:TREE). Voloridge Invest Management Ltd Liability Corp holds 22,039 shares.
Among 13 analysts covering LendingTree (NASDAQ:TREE), 12 have Buy rating, 1 Sell and 0 Hold. Therefore 92% are positive. LendingTree had 31 analyst reports since August 4, 2015 according to SRatingsIntel. Oppenheimer initiated LendingTree, Inc. (NASDAQ:TREE) rating on Wednesday, February 8. Oppenheimer has “Outperform” rating and $129 target. The firm has “Neutral” rating given on Wednesday, November 18 by Bank of America. On Friday, September 16 the stock rating was maintained by Mizuho with “Buy”. The rating was downgraded by BWS Financial to “Sell” on Thursday, October 12. The stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given on Thursday, October 26 by Needham. The firm earned “Buy” rating on Thursday, July 27 by Oppenheimer. The company was maintained on Monday, October 26 by BWS Financial. The rating was maintained by Oppenheimer on Friday, October 27 with “Outperform”. The stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given on Thursday, June 15 by Oppenheimer. Loop Capital maintained the stock with “Buy” rating in Wednesday, October 12 report.
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