Tree.com Inc. (NASDAQ:TREE) has received a consensus rating of “Buy” from the fourteen ratings firms that are covering the firm. Two research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $127.71.

TREE has been the subject of several recent research reports. Vetr upgraded Tree.com from a “hold” rating to a “buy” rating and set a $118.86 price objective for the company in a research report on Monday, August 8th. Zacks Investment Research upgraded Tree.com from a “sell” rating to a “buy” rating and set a $115.00 price objective for the company in a research report on Thursday, August 4th. Compass Point boosted their price objective on Tree.com from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 29th. Mizuho boosted their price objective on Tree.com from $110.00 to $122.00 and gave the company a “buy” rating in a research report on Friday, July 29th. Finally, RBC Capital Markets reissued a “buy” rating and set a $150.00 target price on shares of Tree.com in a research note on Thursday, July 28th.

Several large investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its stake in Tree.com by 121.9% in the second quarter. BNP Paribas Arbitrage SA now owns 2,126 shares of the company’s stock worth $188,000 after buying an additional 1,168 shares in the last quarter. Societe Generale bought a new stake in Tree.com during the second quarter worth approximately $247,000. SG Americas Securities LLC boosted its stake in 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 in the last quarter. Bayesian Capital Management LP bought a new stake in Tree.com during the first quarter worth approximately $314,000. Finally, Capstone Asset Management Co. boosted its stake in 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 in the last quarter. 82.63% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Tree.com (NASDAQ:TREE) traded down 2.80% during trading on Thursday, reaching $92.21. The company’s stock had a trading volume of 126,482 shares. Tree.com has a one year low of $52.11 and a one year high of $131.83. The stock’s 50 day moving average is $97.76 and its 200 day moving average is $92.33. The firm has a market cap of $1.09 billion, a P/E ratio of 22.90 and a beta of 1.12.

Tree.com (NASDAQ:TREE) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.92 earnings per share for the quarter, beating the Thomson Reuters’ 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 firm earned $94.30 million during the quarter, compared to the consensus estimate of $95.48 million. During the same quarter in the previous year, the company posted $0.63 earnings per share. The business’s revenue was up 71.1% on a year-over-year basis. On average, equities analysts forecast that Tree.com will post $3.29 EPS for the current fiscal year.

About Tree.com

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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