Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Travelport Worldwide (TVPT) Stock Price

Media headlines about Travelport Worldwide (NYSE:TVPT) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news 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 earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.0889981783976 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

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TVPT has been the subject of a number of recent research reports. Deutsche Bank lifted their price objective on shares of Travelport Worldwide from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, March 27th. Cowen set a $19.00 price objective on shares of Travelport Worldwide and gave the stock a “buy” rating in a research note on Monday, March 26th. ValuEngine raised shares of Travelport Worldwide from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Morgan Stanley reissued an “equal weight” rating and issued a $14.50 price objective (down from $15.00) on shares of Travelport Worldwide in a research note on Wednesday, February 21st. Finally, Zacks Investment Research raised shares of Travelport Worldwide from a “strong sell” rating to a “hold” rating in a research note on Saturday, January 6th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $17.10.

TVPT stock opened at $16.14 on Monday. Travelport Worldwide has a 12 month low of $11.52 and a 12 month high of $17.07. The company has a debt-to-equity ratio of -11.26, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market cap of $2,024.18, a P/E ratio of 17.17 and a beta of 0.26.

Travelport Worldwide (NYSE:TVPT) last released its quarterly earnings results on Tuesday, February 20th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.34. Travelport Worldwide had a net margin of 5.82% and a negative return on equity of 49.43%. The firm had revenue of $573.57 million during the quarter, compared to analysts’ expectations of $566.92 million. During the same period in the previous year, the company earned $0.23 EPS. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. research analysts expect that Travelport Worldwide will post 0.48 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Thursday, March 1st were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.86%. Travelport Worldwide’s dividend payout ratio is presently 31.91%.

In related news, Director Douglas M. Steenland sold 128,000 shares of Travelport Worldwide stock in a transaction dated Thursday, March 29th. The shares were sold at an average price of $16.30, for a total transaction of $2,086,400.00. Following the completion of the transaction, the director now directly owns 107,677 shares of the company’s stock, valued at approximately $1,755,135.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Douglas M. Steenland sold 64,000 shares of Travelport Worldwide stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $16.08, for a total transaction of $1,029,120.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 320,000 shares of company stock valued at $5,201,920. 1.19% of the stock is owned by corporate insiders.

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Travelport Worldwide 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).

Insider Buying and Selling by Quarter for Travelport Worldwide (NYSE:TVPT)

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