Shares of TravelCenters of America LLC (NYSE:TA) have earned a consensus rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $7.25.

Several analysts have recently issued reports on the company. FBR & Co reaffirmed an “outperform” rating and set a $9.00 price objective (down from $11.00) on shares of TravelCenters of America in a report on Wednesday, May 10th. Zacks Investment Research cut TravelCenters of America from a “hold” rating to a “strong sell” rating in a report on Saturday, May 13th. ValuEngine cut TravelCenters of America from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. TheStreet cut TravelCenters of America from a “c-” rating to a “d+” rating in a report on Thursday, June 8th. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $5.50 price objective (down from $7.50) on shares of TravelCenters of America in a report on Monday, May 15th.

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In related news, insider Michael J. Lombardi bought 10,000 shares of the business’s stock in a transaction dated Tuesday, May 30th. The shares were purchased at an average price of $4.05 per share, with a total value of $40,500.00. Following the transaction, the insider now owns 393,385 shares in the company, valued at approximately $1,593,209.25. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Several institutional investors have recently added to or reduced their stakes in the stock. Boston Partners increased its position in TravelCenters of America by 0.5% in the second quarter. Boston Partners now owns 404,594 shares of the specialty retailer’s stock valued at $1,659,000 after buying an additional 2,047 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its position in TravelCenters of America by 18.0% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 16,414 shares of the specialty retailer’s stock valued at $100,000 after buying an additional 2,500 shares in the last quarter. Falcon Point Capital LLC increased its position in TravelCenters of America by 1.8% in the second quarter. Falcon Point Capital LLC now owns 217,636 shares of the specialty retailer’s stock valued at $892,000 after buying an additional 3,932 shares in the last quarter. Acadian Asset Management LLC increased its position in TravelCenters of America by 1.9% in the first quarter. Acadian Asset Management LLC now owns 244,622 shares of the specialty retailer’s stock valued at $1,492,000 after buying an additional 4,676 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its position in shares of TravelCenters of America by 6.8% in the first quarter. Oppenheimer & Co. Inc. now owns 79,700 shares of the specialty retailer’s stock valued at $486,000 after buying an additional 5,100 shares during the period.

Shares of TravelCenters of America (NYSE TA) traded up 2.53% on Tuesday, reaching $4.05. 337,601 shares of the company’s stock were exchanged. The firm’s market cap is $160.04 million. The company has a 50 day moving average price of $3.83 and a 200 day moving average price of $5.37. TravelCenters of America has a one year low of $3.55 and a one year high of $8.45.

TravelCenters of America (NYSE:TA) last issued its quarterly earnings data on Tuesday, May 9th. The specialty retailer reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by $0.01. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.47 billion. TravelCenters of America had a negative return on equity of 20.79% and a negative net margin of 2.11%. The firm’s revenue was up 21.0% on a year-over-year basis. During the same period last year, the company earned ($0.26) earnings per share. Analysts expect that TravelCenters of America will post ($0.45) EPS for the current fiscal year.

About TravelCenters of America

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.

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