In today’s session Travelport Worldwide Ltd (TVPT) registered an unusually high (1,000) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TVPT increase. With 1,000 contracts traded and 46964 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TVPT161118C00015000 closed last at: $0.25 or 0% . About 501,176 shares traded hands. Travelport Worldwide Ltd (NYSE:TVPT) has risen 4.59% since March 30, 2016 and is uptrending. It has outperformed by 1.58% the S&P500.
Analysts await Travelport Worldwide Ltd (NYSE:TVPT) to report earnings on November, 7. They expect $0.23 earnings per share, up 9.52% or $0.02 from last year’s $0.21 per share. TVPT’s profit will be $28.83 million for 15.61 P/E if the $0.23 EPS becomes a reality. After $0.23 actual earnings per share reported by Travelport Worldwide Ltd for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Travelport Worldwide Ltd (NYSE:TVPT) Ratings Coverage
Out of 3 analysts covering Travelport Worldwide Limited (NYSE:TVPT), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Travelport Worldwide Limited has been the topic of 3 analyst reports since December 22, 2015 according to StockzIntelligence Inc. The rating was initiated by Suntrust Robinson with “Neutral” on Tuesday, December 22. The firm has “Buy” rating given on Wednesday, April 13 by Sterne Agee CRT.
According to Zacks Investment Research, “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.”
Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment and other solutions for travel and tourism industry. The company has a market cap of $1.80 billion. The Firm connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business travel commerce platform. It has a 163.91 P/E ratio. It provides air distribution services to approximately 400 airlines around the globe, including approximately 120 low cost carriers (LCCs).
TVPT Company Profile
Travelport Worldwide Limited, incorporated on July 12, 2006, provides a travel commerce platform, which offers distribution, technology, payment and other solutions for travel and tourism industry. The Firm 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. It provides air distribution services to approximately 400 airlines around the globe, including approximately 120 low cost carriers (LCCs). It distributes ancillaries for approximately 100 airlines. In addition, it serves various Beyond Air travel providers, including approximately 650,000 hotel properties (of which over 550,000 are independent hotel properties), over 36,000 car rental locations, approximately 60 cruise-line and tour operators, and over 10 rail networks across the world. It aggregates travel content across approximately 68,000 travel agency locations representing over 235,000 online and offline travel agency terminals across the world.
More notable recent Travelport Worldwide Ltd (NYSE:TVPT) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on September 25, 2014, also Bloomberg.com with their article: “Travelport Worldwide Gains in Debut After $480 Million IPO” published on September 25, 2014, Prnewswire.com published: “Travelport Worldwide Limited Reports Second Quarter 2016 Results” on August 04, 2016. More interesting news about Travelport Worldwide Ltd (NYSE:TVPT) were released by: Prnewswire.com and their article: “Travelport Worldwide Limited Confirms Date and Time for Third Quarter 2016 …” published on October 04, 2016 as well as Prnewswire.com‘s news article titled: “Travelport Worldwide Limited Reports Fourth Quarter and Full Year 2015 Results” with publication date: February 18, 2016.
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