Tree.com Inc. (NASDAQ:TREE)‘s stock had its “outperform” rating reiterated by equities researchers at RBC Capital Markets in a research note issued to investors on Monday. They presently have a $145.00 target price on the stock, down from their previous target price of $150.00. RBC Capital Markets’ target price indicates a potential upside of 63.05% from the company’s current price.

Several other research firms have also recently commented on TREE. Vetr raised Tree.com from a “hold” rating to a “buy” rating and set a $118.86 target price for the company in a research note on Monday, August 8th. Zacks Investment Research raised Tree.com from a “sell” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Thursday, August 4th. Compass Point raised their price objective on Tree.com from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Mizuho raised their price objective on Tree.com from $110.00 to $122.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Finally, Bank of America Corp. reissued a “buy” rating and issued a $115.00 price objective on shares of Tree.com in a research note on Friday, May 27th. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Tree.com has an average rating of “Buy” and a consensus target price of $128.45.

Analyst Recommendations for Tree.com (NASDAQ:TREE)

Tree.com (NASDAQ:TREE) opened at 88.93 on Monday. Tree.com has a 12-month low of $52.11 and a 12-month high of $131.83. The company has a market capitalization of $1.05 billion, a PE ratio of 22.08 and a beta of 1.15. The company has a 50 day moving average price of $101.97 and a 200-day moving average price of $91.90.

Tree.com (NASDAQ:TREE) last released its earnings results on Thursday, July 28th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.72 by $0.20. Tree.com had a return on equity of 30.48% and a net margin of 15.33%. The business earned $94.30 million during the quarter, compared to analysts’ expectations of $95.48 million. During the same quarter last year, the firm posted $0.63 earnings per share. The firm’s revenue was up 71.1% on a year-over-year basis. On average, analysts anticipate that Tree.com will post $3.28 EPS for the current year.

A number of hedge funds have recently modified their holdings of the company. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Tree.com by 3.6% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,154 shares of the company’s stock worth $112,000 after buying an additional 40 shares during the period. SG Americas Securities LLC raised its stake in shares of Tree.com by 5.6% in the second quarter. SG Americas Securities LLC now owns 2,791 shares of the company’s stock worth $247,000 after buying an additional 147 shares during the period. Prudential Financial Inc. raised its stake in shares of Tree.com by 0.9% in the first quarter. Prudential Financial Inc. now owns 16,665 shares of the company’s stock worth $1,630,000 after buying an additional 150 shares during the period. Rhumbline Advisers raised its stake in shares of Tree.com by 4.5% in the second quarter. Rhumbline Advisers now owns 8,304 shares of the company’s stock worth $733,000 after buying an additional 359 shares during the period. Finally, Capstone Asset Management Co. raised its stake in shares of Tree.com by 21.1% in the second quarter. Capstone Asset Management Co. now owns 4,760 shares of the company’s stock worth $420,000 after buying an additional 830 shares during the period. Institutional investors and hedge funds own 82.63% of the company’s stock.

Tree.com Company Profile

LendingTree, Inc (LendingTree), formerly Tree.com, Inc, is engaged in operating an online loan marketplace for consumers. The Company offers a range of loan types and other credit-based offerings for its consumers. The Company operates through Lending activities segment. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans and small business loans, and other related offerings.

5 Day Chart for NASDAQ:TREE

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