TravelCenters of America LLC (NYSE:TA) – Equities research analysts at B. Riley reduced their Q4 2017 earnings per share (EPS) estimates for TravelCenters of America in a research note issued to investors on Wednesday. B. Riley analyst B. Maher now anticipates that the specialty retailer will earn ($0.03) per share for the quarter, down from their previous forecast of ($0.01). B. Riley currently has a “Buy” rating and a $10.00 target price on the stock. B. Riley also issued estimates for TravelCenters of America’s Q1 2018 earnings at ($0.43) EPS, Q3 2018 earnings at $0.29 EPS and FY2018 earnings at $0.02 EPS.

TRADEMARK VIOLATION NOTICE: “Q4 2017 Earnings Estimate for TravelCenters of America LLC Issued By B. Riley (TA)” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://www.watchlistnews.com/q4-2017-earnings-estimate-for-travelcenters-of-america-llc-issued-by-b-riley-ta/1695317.html.

Other research analysts have also recently issued reports about the company. FBR & Co restated a “buy” rating and set a $10.00 price target (up from $9.00) on shares of TravelCenters of America in a research note on Tuesday, September 12th. Zacks Investment Research upgraded TravelCenters of America from a “sell” rating to a “buy” rating and set a $6.00 price objective on the stock in a research note on Wednesday, October 11th. Finally, Citigroup Inc. cut TravelCenters of America from a “buy” rating to a “sell” rating and set a $4.50 price objective on the stock. in a research note on Wednesday, October 11th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $7.38.

TravelCenters of America (NYSE:TA) opened at $4.65 on Friday. TravelCenters of America has a 52 week low of $2.95 and a 52 week high of $7.75.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Highbridge Capital Management LLC acquired a new stake in shares of TravelCenters of America in the first quarter valued at $106,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of TravelCenters of America in the third quarter valued at $126,000. State Street Corp raised its stake in shares of TravelCenters of America by 29.5% in the second quarter. State Street Corp now owns 41,685 shares of the specialty retailer’s stock valued at $171,000 after acquiring an additional 9,506 shares in the last quarter. Hanson & Doremus Investment Management raised its stake in shares of TravelCenters of America by 144.7% in the third quarter. Hanson & Doremus Investment Management now owns 54,430 shares of the specialty retailer’s stock valued at $231,000 after acquiring an additional 32,185 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of TravelCenters of America by 354.3% in the third quarter. JPMorgan Chase & Co. now owns 65,876 shares of the specialty retailer’s stock valued at $276,000 after acquiring an additional 51,374 shares in the last quarter.

TravelCenters of America Company Profile

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.

Earnings History and Estimates for TravelCenters of America (NYSE:TA)

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.