Price Don’t Lie: TravelCenters of America LLC’s Stock Is Sell After Making 52-Week Low

Price Don't Lie: TravelCenters of America LLC's Stock Is Sell After Making 52 Week Low

The stock of TravelCenters of America LLC (NASDAQ:TA) hit a new 52-week low and has $5.43 target or 11.00% below today’s $6.10 share price. The 9 months bearish chart indicates high risk for the $227.74M company. The 1-year low was reported on Nov, 2 by Barchart.com. If the $5.43 price target is reached, the company will be worth $25.05 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 0.81% or $0.05 on November 2, hitting $6.1. About 216,945 shares traded hands or 49.85% up from the average. TravelCenters of America LLC (NASDAQ:TA) has declined 9.16% since March 31, 2016 and is downtrending. It has underperformed by 11.68% the S&P500.

Analysts await TravelCenters of America LLC (NASDAQ:TA) to report earnings on November, 14. They expect $0.30 EPS, up 15.38% or $0.04 from last year’s $0.26 per share. TA’s profit will be $11.20M for 5.08 P/E if the $0.30 EPS becomes a reality. After $0.09 actual EPS reported by TravelCenters of America LLC for the previous quarter, Wall Street now forecasts 233.33% EPS growth.

According to Zacks Investment Research, “TRAVELCENTERS OF AMERICA, LLC. is a full-service national travel center chain in the U.S., with nationwide locations serving hundreds of thousands of professional drivers and other highway travelers each month – including virtually all major trucking fleets. Their travel centers operate under the TravelCenters of America, TA and Petro brand names and offer diesel and gasoline fueling services, restaurants, heavy truck repair facilities, stores and other services.”

Insitutional Activity: The institutional sentiment increased to 1.07 in Q2 2016. Its up 0.29, from 0.78 in 2016Q1. The ratio is positive, as 17 funds sold all TravelCenters of America LLC shares owned while 29 reduced positions. 27 funds bought stakes while 22 increased positions. They now own 16.99 million shares or 6.22% less from 18.12 million shares in 2016Q1.
Wealthtrust has invested 0.01% of its portfolio in TravelCenters of America LLC (NASDAQ:TA). Icm Asset Management Wa, a Washington-based fund reported 53,290 shares. Cwm Limited Liability last reported 10,000 shares in the company. Barclays Pcl holds 0% of its portfolio in TravelCenters of America LLC (NASDAQ:TA) for 56,287 shares. Stifel has 255,120 shares for 0.01% of their US portfolio. Susquehanna Int Group Incorporated Llp owns 52,886 shares or 0% of their US portfolio. The California-based California Employees Retirement Sys has invested 0.01% in TravelCenters of America LLC (NASDAQ:TA). Nantahala Mgmt holds 0.13% of its portfolio in TravelCenters of America LLC (NASDAQ:TA) for 152,511 shares. Ameriprise Fincl last reported 0.01% of its portfolio in the stock. Sei Invests, a Pennsylvania-based fund reported 32,744 shares. The Wyoming-based Cypress Capital Ltd Liability Corporation (Wy) has invested 0% in TravelCenters of America LLC (NASDAQ:TA). D E Shaw And Incorporated owns 59,008 shares or 0% of their US portfolio. Alexandria Capital Ltd Llc, a Virginia-based fund reported 4,675 shares. Lpl Ltd Liability Corp holds 0% or 11,105 shares in its portfolio. Us Comml Bank De has 0% invested in the company for 1,700 shares.

Insider Transactions: Since May 12, 2016, the stock had 0 insider purchases, and 3 sales for $849,218 net activity. Richards Barry A. sold $380,543 worth of stock. Young Mark R sold $252,975 worth of TravelCenters of America LLC (NASDAQ:TA) on Tuesday, August 16.

More notable recent TravelCenters of America LLC (NASDAQ:TA) news were published by: Businesswire.com which released: “TravelCenters of America LLC Third Quarter 2016 Conference Call Scheduled for …” on November 01, 2016, also Wsj.com with their article: “TravelCenters of America Rebuffed Bid From Golden Gate Capital” published on June 15, 2016, Businesswire.com published: “TravelCenters of America LLC Announces Second Quarter 2016 Financial Results” on August 08, 2016. More interesting news about TravelCenters of America LLC (NASDAQ:TA) were released by: Cleveland.com and their article: “TravelCenters of America reports softer second quarter on lower diesel sales” published on August 08, 2016 as well as Businesswire.com‘s news article titled: “TravelCenters of America LLC Second Quarter 2016 Conference Call Scheduled for …” with publication date: August 01, 2016.

TA Company Profile

TravelCenters of America LLC (TravelCenters), incorporated on October 10, 2006, operates and franchises approximately 460 travel centers and convenience store locations. The Company’s divisions include travel centers and convenience stores. The Firm offers a range of services and products, including diesel fuel and gasoline, as well as nonfuel services and products, such as truck repair and maintenance services, full service restaurants, over 40 different brands of quick service restaurants (QSRs), travel/convenience stores and various driver amenities. The Company’s clients include trucking fleets and their drivers, independent truck drivers and highway and local motorists.

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