TravelCenters of America (TA) Receiving Somewhat Positive News Coverage, Study Shows

Press coverage about TravelCenters of America (NASDAQ:TA) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TravelCenters of America earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 45.7402596210384 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

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Several research firms have recently commented on TA. Zacks Investment Research downgraded TravelCenters of America from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 10th. Citigroup set a $4.00 price objective on TravelCenters of America and gave the company a “hold” rating in a research note on Monday, March 5th. Finally, B. Riley set a $9.00 price objective on TravelCenters of America and gave the company a “buy” rating in a research note on Wednesday, February 28th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. TravelCenters of America has an average rating of “Hold” and a consensus price target of $7.00.

TA stock traded up $0.02 during trading on Friday, hitting $3.48. 142,831 shares of the company traded hands, compared to its average volume of 132,373. The stock has a market capitalization of $139.00, a PE ratio of -11.58 and a beta of 1.72. TravelCenters of America has a 1 year low of $2.95 and a 1 year high of $6.38. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.22 and a quick ratio of 0.58.

TravelCenters of America (NASDAQ:TA) last issued its earnings results on Wednesday, February 28th. The specialty retailer reported ($0.52) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.47). TravelCenters of America had a net margin of 0.15% and a negative return on equity of 2.20%. The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the company earned ($0.17) earnings per share. The company’s revenue was up 12.5% compared to the same quarter last year. analysts anticipate that TravelCenters of America will post -0.12 EPS for the current year.

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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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