Impact of Brokerage Rating on Travelport Worldwide Limited(TVPT)

Many Travelport Worldwide Limited(TVPT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Travelport Worldwide Ltd was Downgraded by Morgan Stanley to Equal-Weight on Jan 23, 2017.

Company has reported several Insider transactions to the SEC, on Aug 17, 2016, Gordon A. Wilson (President & CEO) sold 50,000 shares at 13.71 per share price.On Nov 12, 2015, Kurt Joseph Ekert (officer ) sold 25,000 shares at 14.07 per share price.On May 11, 2015, Antonios Basoukeas (officer ) sold 32,256 shares at 15.30 per share price.

Travelport Worldwide Ltd Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.31. The company had revenue of $590.80 million for the quarter, compared to analysts expectations of $599.48 million. The companys revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.

Travelport Worldwide Limited (NYSE:TVPT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.57 by 7 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.

Travelport Worldwide Limited (NYSE:TVPT): The mean short term price target for Travelport Worldwide Limited (NYSE:TVPT) has been established at $16.25 per share. The higher price target estimate is at $19 and the lower price target estimate is expected at $15 according to 6 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $1.54

Travelport Worldwide Limited (NYSE:TVPT) witnessed a decline in the market cap on Tuesday as its shares dropped 1.13% or 0.16 points. After the session commenced at $14.17, the stock reached the higher end at $14.2 while it hit a low of $13.99. With the volume soaring to 1,153,931 shares, the last trade was called at $14.01. The company has a 52-week high of $15.15. The company has a market cap of $1,738 million and there are 124,032,361 shares in outstanding. The 52-week low of the share price is $9.54.

Travelport Worldwide Limited is a Travel Commerce Platform providing distribution, technology, payment and other solutions for the global travel and tourism industry. Its Travel Commerce Platform enables travel providers, travel agencies, corporations and developers to connect. Through its Technology Services it provides critical IT solutions to airlines, such as shopping, ticketing and departure control applications. The Company also provides an array of additional services, such as advertising solutions, subscription services, business intelligence data services, and marketing-oriented analytical tools to travel providers, travel agencies and other travel data users. Travelport Worldwide Limited is based in Atlanta, Georgia.


Share this post

Post Comment