TravelCenters of America (NASDAQ:TA) is scheduled to be releasing its earnings data before the market opens on Monday, August 5th. Analysts expect TravelCenters of America to post earnings of $0.17 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
TravelCenters of America (NASDAQ:TA) last issued its quarterly earnings data on Tuesday, May 7th. The specialty retailer reported ($1.80) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.10) by $0.30. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.47 billion. TravelCenters of America had a negative net margin of 1.91% and a negative return on equity of 4.51%. The business’s revenue was up .9% on a year-over-year basis. During the same period last year, the company earned ($2.75) earnings per share. On average, analysts expect TravelCenters of America to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NASDAQ TA opened at $16.07 on Friday. The firm has a market capitalization of $139.36 million, a PE ratio of -5.02 and a beta of 1.64. The firm’s 50-day simple moving average is $4.07. TravelCenters of America has a 1 year low of $14.65 and a 1 year high of $30.50. The company has a debt-to-equity ratio of 4.27, a current ratio of 0.90 and a quick ratio of 0.45.
In related news, VP Mark R. Young sold 101,010 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $3.68, for a total transaction of $371,716.80. Following the transaction, the vice president now directly owns 181,988 shares in the company, valued at $669,715.84. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Barry A. Richards sold 37,000 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $3.87, for a total transaction of $143,190.00. Following the transaction, the chief operating officer now owns 215,235 shares in the company, valued at $832,959.45. The disclosure for this sale can be found here. 8.40% of the stock is owned by company insiders.
A number of research analysts have recently issued reports on TA shares. Zacks Investment Research upgraded shares of TravelCenters of America from a “strong sell” rating to a “hold” rating in a report on Thursday, May 9th. ValuEngine upgraded shares of TravelCenters of America from a “buy” rating to a “strong-buy” rating in a report on Thursday. Finally, B. Riley reiterated a “buy” rating and set a $45.00 price objective (down from $50.00) on shares of TravelCenters of America in a report on Monday, June 17th.
TravelCenters of America Company Profile
TravelCenters of America LLC 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, as well as nonfuel products and services, such as parking, truck repair and maintenance services, full service restaurants, quick service restaurants, and various customer amenities.
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