Stock still 30% off its highs, catch up trade potential
Indicators in bullish reversal.
Short interest 17%
Average analysts price target $357
Recent analysts commentary
LendingTree analyst commentary at Stephens Stephens says LendingTree low bar to start 2020 sets up beat and raise potential. Stephens analyst John Campbell lowered his revenue assumptions for LendingTree based on the company's new 2020 guidance, but said he sees "plenty of conservatism" baked into a few of the company's product growth trajectories, particularly Insurance. He also lowered his EBITDA estimate based on the company's guidance, but added that his new 2021 estimates call for accelerating growth and adjusted EBITDA margin expansion as he thinks heightened 2020 brand spending will yield better growth at higher margins. The analyst, who thinks the "low bar" set to start 2020 puts beat and raise potential in place, keeps an Overweight rating on LendingTree but trimmed his price target on the shares to $450 from $465
thefly.com
Company profile
LendingTree, Inc. engages in the operation of online loan marketplace for consumers seeking loans and other credit-based offerings. It provides mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans, and small business loans. The company was founded Douglas Lebda in April 2008 and is headquartered in Charlotte, NC.
Indicators in bullish reversal.
Short interest 17%
Average analysts price target $357
Recent analysts commentary
LendingTree analyst commentary at Stephens Stephens says LendingTree low bar to start 2020 sets up beat and raise potential. Stephens analyst John Campbell lowered his revenue assumptions for LendingTree based on the company's new 2020 guidance, but said he sees "plenty of conservatism" baked into a few of the company's product growth trajectories, particularly Insurance. He also lowered his EBITDA estimate based on the company's guidance, but added that his new 2021 estimates call for accelerating growth and adjusted EBITDA margin expansion as he thinks heightened 2020 brand spending will yield better growth at higher margins. The analyst, who thinks the "low bar" set to start 2020 puts beat and raise potential in place, keeps an Overweight rating on LendingTree but trimmed his price target on the shares to $450 from $465
thefly.com
Company profile
LendingTree, Inc. engages in the operation of online loan marketplace for consumers seeking loans and other credit-based offerings. It provides mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans, and small business loans. The company was founded Douglas Lebda in April 2008 and is headquartered in Charlotte, NC.