TravelCenters of America (NASDAQ:TA) issued its earnings results on Sunday. The specialty retailer reported ($0.37) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.72) by $0.35, Fidelity Earnings reports. TravelCenters of America had a negative return on equity of 1.40% and a net margin of 0.69%.
Shares of TravelCenters of America stock traded down $2.24 during midday trading on Tuesday, reaching $26.01. 3,409 shares of the company’s stock traded hands, compared to its average volume of 154,679. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 1.33. The company has a market cap of $378.99 million, a PE ratio of 6.63 and a beta of 2.04. The stock has a 50 day moving average of $27.12 and a 200-day moving average of $29.49. TravelCenters of America has a 12 month low of $8.15 and a 12 month high of $35.99.
Several analysts have weighed in on TA shares. Zacks Investment Research upgraded TravelCenters of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Credit Suisse Group upgraded TravelCenters of America from a “neutral” rating to an “outperform” rating in a research report on Monday. BTIG Research boosted their price objective on TravelCenters of America from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, April 27th. Finally, CIBC upgraded TravelCenters of America to an “outperformer” rating and boosted their price objective for the company from $10.00 to $13.00 in a research report on Wednesday, January 13th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $34.25.
TravelCenters of America Inc operates travel centers and standalone restaurants in the United States and Canada. Its travel centers offer a range of products and services, including diesel fuel and gasoline, diesel exhaust fluid, and truck repair and maintenance, and roadside services, as well as operates full service and quick service restaurants, and various customer amenities.
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