Somewhat Favorable News Coverage Somewhat Unlikely to Impact Travelport Worldwide Limited (TVPT) Stock Price
News articles about Travelport Worldwide Limited (NYSE:TVPT) have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Travelport Worldwide Limited earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.6856461616917 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- $0.29 Earnings Per Share Expected for Travelport Worldwide Limited (TVPT) This Quarter (americanbankingnews.com)
- Travelport Worldwide Limited (NYSE:TVPT) Stock Traded Above Its 50 Day Moving Average – First News 24 (firstnewspaper24.com)
- Travelport Worldwide Limited (TVPT) 11.87% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Travelport Worldwide Limited (NYSE:TVPT) Closed 5.5% Above Its 50 Day Moving Average – Highlight Press (highlightpress.com)
- Travelport Worldwide Limited (NYSE:TVPT) Stock Traded 5.5% Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
Travelport Worldwide Limited (NYSE TVPT) opened at 15.23 on Monday. The stock has a 50 day moving average of $14.52 and a 200 day moving average of $13.42. Travelport Worldwide Limited has a one year low of $11.38 and a one year high of $15.39. The company has a market cap of $1.90 billion, a PE ratio of 18.22 and a beta of 0.60.
Travelport Worldwide Limited (NYSE:TVPT) last released its earnings results on Thursday, August 3rd. The company reported $0.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.26. The firm had revenue of $612.10 million for the quarter, compared to the consensus estimate of $618.27 million. Travelport Worldwide Limited had a negative return on equity of 50.52% and a net margin of 4.42%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS. On average, analysts anticipate that Travelport Worldwide Limited will post $1.37 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Wednesday, September 6th. Travelport Worldwide Limited’s dividend payout ratio is currently 35.29%.
Several brokerages have recently issued reports on TVPT. ValuEngine upgraded shares of Travelport Worldwide Limited from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub upgraded shares of Travelport Worldwide Limited from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Cowen and Company set a $16.00 target price on shares of Travelport Worldwide Limited and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded shares of Travelport Worldwide Limited from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Thursday, August 10th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $15.38.
About Travelport Worldwide Limited
Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment, mobile and other solutions for the travel and tourism industry. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform (its Travel Commerce Platform).
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