News stories about TravelCenters of America (NYSE:TA) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TravelCenters of America earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the specialty retailer an impact score of 45.3339678911942 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- TravelCenters Gets Damages In Comdata Fuel Card Row (law360.com)
- TravelCenters of America LLC Wins Litigation Against Comdata (finance.yahoo.com)
- TA Restaurant Group Opens New Popeyes® Louisiana Kitchen and Dunkin’ Donuts® with Drive-Thru at TA Travel … – Business Wire (press release) (businesswire.com)
- TravelCenters of America LLC (NASDAQ:TA) Sees Significantly Lower Trading Volume (highlightpress.com)
- What Is TravelCenters of America LLC’s (TA) Share Price Doing? (finance.yahoo.com)
Several analysts have recently issued reports on the company. ValuEngine cut TravelCenters of America from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. TheStreet cut TravelCenters of America from a “c-” rating to a “d+” rating in a research note on Thursday, June 8th. Zacks Investment Research cut TravelCenters of America from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Finally, FBR & Co set a $9.00 price objective on TravelCenters of America and gave the company a “buy” rating in a research note on Wednesday, August 30th. Two investment analysts have rated the stock with a sell rating and two have given a buy rating to the stock. TravelCenters of America currently has an average rating of “Hold” and a consensus target price of $7.75.
Shares of TravelCenters of America (TA) opened at 3.80 on Wednesday. TravelCenters of America has a 52 week low of $2.95 and a 52 week high of $7.75. The stock has a 50 day moving average price of $3.54 and a 200 day moving average price of $4.64. The firm’s market capitalization is $150.31 million.
TravelCenters of America (NYSE:TA) last posted its earnings results on Tuesday, August 8th. The specialty retailer reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.55 billion. TravelCenters of America had a negative net margin of 0.20% and a negative return on equity of 2.19%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.09 EPS. Equities analysts forecast that TravelCenters of America will post ($0.69) earnings per share for the current fiscal year.
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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.
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