TravelCenters of America LLC (NYSE:TA) has received an average recommendation of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $7.25.

A number of brokerages have commented on TA. Zacks Investment Research lowered shares of TravelCenters of America from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. TheStreet lowered shares of TravelCenters of America from a “c-” rating to a “d+” rating in a report on Thursday, June 8th. ValuEngine lowered shares of TravelCenters of America from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Citigroup Inc. reiterated a “buy” rating and issued a $5.50 price objective (down previously from $7.50) on shares of TravelCenters of America in a report on Monday, May 15th. Finally, FBR & Co reiterated an “outperform” rating and issued a $9.00 price objective (down previously from $11.00) on shares of TravelCenters of America in a report on Wednesday, May 10th.

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TravelCenters of America (TA) traded up 2.53% during trading on Tuesday, reaching $4.05. The company had a trading volume of 337,601 shares. The company’s market capitalization is $160.04 million. TravelCenters of America has a 52-week low of $3.55 and a 52-week high of $8.45. The stock has a 50 day moving average price of $3.83 and a 200-day moving average price of $5.37.

TravelCenters of America (NYSE:TA) last posted its earnings results on Tuesday, May 9th. The specialty retailer reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by $0.01. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.47 billion. TravelCenters of America had a negative net margin of 2.11% and a negative return on equity of 20.79%. The business’s revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.26) EPS. On average, equities research analysts anticipate that TravelCenters of America will post ($0.45) earnings per share for the current fiscal year.

In related news, insider Michael J. Lombardi bought 10,000 shares of the company’s stock in a transaction dated Tuesday, May 30th. The stock was bought at an average price of $4.05 per share, with a total value of $40,500.00. Following the transaction, the insider now owns 393,385 shares of the company’s stock, valued at $1,593,209.25. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Several large investors have recently added to or reduced their stakes in TA. Acadian Asset Management LLC increased its stake in TravelCenters of America by 1.9% in the first quarter. Acadian Asset Management LLC now owns 244,622 shares of the specialty retailer’s stock valued at $1,492,000 after buying an additional 4,676 shares during the last quarter. New Jersey Better Educational Savings Trust increased its stake in TravelCenters of America by 33.3% in the first quarter. New Jersey Better Educational Savings Trust now owns 48,000 shares of the specialty retailer’s stock valued at $293,000 after buying an additional 12,000 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in TravelCenters of America by 8.1% in the first quarter. State of New Jersey Common Pension Fund D now owns 1,600,000 shares of the specialty retailer’s stock valued at $9,760,000 after buying an additional 120,000 shares during the last quarter. Russell Investments Group Ltd. increased its stake in TravelCenters of America by 13.9% in the first quarter. Russell Investments Group Ltd. now owns 271,711 shares of the specialty retailer’s stock valued at $1,657,000 after buying an additional 33,101 shares during the last quarter. Finally, Falcon Point Capital LLC increased its stake in TravelCenters of America by 3.1% in the first quarter. Falcon Point Capital LLC now owns 213,704 shares of the specialty retailer’s stock valued at $1,304,000 after buying an additional 6,513 shares during the last quarter.

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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