TravelCenters of America (NASDAQ:TA) issued its quarterly earnings data on Sunday. The specialty retailer reported ($0.37) earnings per share for the quarter, topping the 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 TA stock traded down $2.27 during mid-day trading on Tuesday, hitting $25.98. 3,982 shares of the stock were exchanged, compared to its average volume of 154,679. The stock’s fifty day simple moving average is $27.12 and its two-hundred day simple moving average is $29.49. The stock has a market capitalization of $378.55 million, a price-to-earnings ratio of 6.63 and a beta of 2.04. TravelCenters of America has a 12-month low of $8.15 and a 12-month high of $35.99. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 1.33.
Several research firms have recently commented on TA. Credit Suisse Group upgraded TravelCenters of America from a “neutral” rating to an “outperform” rating in a research report on Monday. CIBC upgraded TravelCenters of America to an “outperformer” rating and raised their price target for the stock from $10.00 to $13.00 in a research report on Wednesday, January 13th. BTIG Research raised their price target on TravelCenters of America from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, April 27th. Finally, Zacks Investment Research upgraded TravelCenters of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price 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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