News articles about Travelport Worldwide Limited (NYSE:TVPT) have trended somewhat positive on Saturday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Travelport Worldwide Limited earned a news impact score of 0.12 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.3915337191867 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Travelport Worldwide Limited (NYSE:TVPT) Raised to “Strong-Buy” at BidaskClub (americanbankingnews.com)
- Travelport Worldwide Ltd (TVPT) AO Trending Down This Week – FLBC News (flbcnews.com)
- Noticeable Stock: Travelport Worldwide Ltd (TVPT) – Post Registrar (postregistrar.com)
- IHS Markit Score upgrades Travelport Worldwide Ltd to 83 out of 100, ranking positively in two out of four IHS Markit categories. (finance.yahoo.com)
Several equities research analysts recently weighed in on TVPT shares. Zacks Investment Research upgraded Travelport Worldwide Limited from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Thursday. BidaskClub upgraded Travelport Worldwide Limited from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 15th. Cowen and Company restated an “outperform” rating and issued a $16.00 target price on shares of Travelport Worldwide Limited in a report on Wednesday, June 28th. Finally, ValuEngine upgraded Travelport Worldwide Limited from a “hold” rating to a “buy” rating in a report on Thursday, June 15th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $15.38.
Travelport Worldwide Limited (NYSE TVPT) traded up 0.64% during midday trading on Friday, reaching $14.25. The company had a trading volume of 1,007,960 shares. Travelport Worldwide Limited has a 52-week low of $11.38 and a 52-week high of $15.15. The company has a market cap of $1.77 billion, a PE ratio of 17.05 and a beta of 0.61. The company’s 50-day moving average is $14.03 and its 200 day moving average is $13.35.
Travelport Worldwide Limited (NYSE:TVPT) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.14 by $0.26. Travelport Worldwide Limited had a negative return on equity of 50.52% and a net margin of 4.42%. The firm had revenue of $612.10 million during the quarter, compared to analysts’ expectations of $618.27 million. During the same period in the prior year, the firm posted $0.28 earnings per share. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, equities research analysts forecast that Travelport Worldwide Limited will post $1.37 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th will be given a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, September 6th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.11%. Travelport Worldwide Limited’s payout ratio is 35.29%.
In other news, insider Antonios Basoukeas sold 6,895 shares of the firm’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $13.72, for a total value of $94,599.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.19% of the company’s stock.
Travelport Worldwide Limited Company Profile
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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