Travelport Worldwide (TVPT) to Release Quarterly Earnings on Tuesday

Travelport Worldwide (NYSE:TVPT) will be announcing its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

Shares of Travelport Worldwide (TVPT) opened at $12.73 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of -9.42. The company has a market cap of $1,557.68, a price-to-earnings ratio of 17.68, a PEG ratio of 3.76 and a beta of 0.52. Travelport Worldwide has a 1 year low of $11.38 and a 1 year high of $16.17.

In related news, insider Matthew Minetola sold 12,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $12.86, for a total value of $154,320.00. Following the transaction, the insider now directly owns 33,402 shares in the company, valued at $429,549.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.19% of the company’s stock.

Several analysts have issued reports on TVPT shares. BidaskClub lowered shares of Travelport Worldwide from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Zacks Investment Research raised shares of Travelport Worldwide from a “strong sell” rating to a “hold” rating in a research report on Saturday, January 6th. ValuEngine lowered shares of Travelport Worldwide from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Evercore ISI lowered shares of Travelport Worldwide from an “outperform” rating to an “underperform” rating in a research report on Friday, January 5th. Finally, Cowen set a $19.00 price target on shares of Travelport Worldwide and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $16.00.

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About Travelport Worldwide

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).

Earnings History for Travelport Worldwide (NYSE:TVPT)

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