Analysts at StockNews.com initiated coverage on shares of TravelCenters of America (NASDAQ:TA – Get Rating) in a note issued to investors on Wednesday. The brokerage set a “buy” rating on the specialty retailer’s stock.
Several other analysts also recently commented on the stock. BMO Capital Markets boosted their target price on shares of TravelCenters of America from $60.00 to $86.00 and gave the stock a “market perform” rating in a research report on Friday, February 17th. B. Riley downgraded shares of TravelCenters of America from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $75.00 to $86.00 in a research report on Friday, February 17th. Finally, Benchmark downgraded shares of TravelCenters of America from a “buy” rating to a “hold” rating in a research report on Friday, February 17th.
TravelCenters of America Stock Down 0.0 %
TravelCenters of America stock opened at $86.00 on Wednesday. The firm has a market cap of $1.30 billion, a PE ratio of 9.03 and a beta of 1.45. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.16 and a current ratio of 1.63. The firm’s 50 day moving average price is $86.34 and its two-hundred day moving average price is $69.75. TravelCenters of America has a twelve month low of $31.19 and a twelve month high of $88.55.
Institutional Trading of TravelCenters of America
Several large investors have recently modified their holdings of TA. Engineers Gate Manager LP boosted its holdings in TravelCenters of America by 457.4% in the 3rd quarter. Engineers Gate Manager LP now owns 38,926 shares of the specialty retailer’s stock valued at $2,099,000 after purchasing an additional 31,943 shares during the period. Dorsey Wright & Associates acquired a new position in shares of TravelCenters of America in the 4th quarter valued at $29,000. Delphia USA Inc. acquired a new position in shares of TravelCenters of America in the 3rd quarter valued at $431,000. Martingale Asset Management L P acquired a new position in shares of TravelCenters of America in the 3rd quarter valued at $452,000. Finally, American Century Companies Inc. raised its stake in shares of TravelCenters of America by 45.7% in the 4th quarter. American Century Companies Inc. now owns 168,770 shares of the specialty retailer’s stock valued at $7,558,000 after buying an additional 52,915 shares in the last quarter. 71.90% of the stock is owned by institutional investors.
TravelCenters of America Company Profile
TravelCenters of America Inc operates travel centers, truck service facilities, and restaurants in the United States and Canada. The company's travel centers offer various products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as a range of truck repair and maintenance services, diesel exhaust fluids, full service restaurants, quick service restaurants, and various customer amenities.
Featured Stories
- Get a free copy of the StockNews.com research report on TravelCenters of America (TA)
- As Peloton Shares Fall Over 90%, A Comeback Strategy Surges
- Inflation, The Fed, And The Summer Rally
- How to Trade Stocks Online the Right Way
- SentinelOne Stock is Down, But Is it Out?
- Oracle Has Spoken: The AI Cloud Is Bigger And Growing Faster
Receive News & Ratings for TravelCenters of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TravelCenters of America and related companies with MarketBeat.com's FREE daily email newsletter.
