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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Lendingtree Inc    TREE

LENDINGTREE INC (TREE)
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LendingTree,Inc. (NASDAQ:TREE) Files An 8-K Other Events

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05/15/2018 | 11:07am CEST

LendingTree,Inc. (NASDAQ:TREE) Files An 8-K Other EventsItem 8.01.Other Information

On May 11, 2018, the Company issued a press release announcing entering into a definitive agreement to acquire Ovation Credit Services, Inc. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 8.01.Financial Statements and Exhibits.

Exhibit No.

Exhibit Description

99.1

Press Release, dated May 11, 2018.

LendingTree, Inc. ExhibitEX-99.1 2 exhibit991-pressrelease511.htm EXHIBIT 99.1 Exhibit Exhibit 99.1May 11,…To view the full exhibit click here
About LendingTree,Inc. (NASDAQ:TREE)
LendingTree, Inc. (LendingTree), formerly Tree.com, Inc., is engaged in operating an online loan marketplace for consumers. The Company offers a range of loan types and other credit-based offerings for its consumers. The Company operates through Lending activities segment. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans and small business loans, and other related offerings. It offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit-based offerings. It offers its products in categories, including mortgage products and non-mortgage products. Its mortgage products category includes its purchase and refinance products. The Company’s non-mortgage products include lending products and other products.

The post LendingTree,Inc. (NASDAQ:TREE) Files An 8-K Other Events appeared first on Market Exclusive.

© Market Exclusive 2018, source Market Exclusive

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Financials ($)
Sales 2018 755 M
EBIT 2018 113 M
Net income 2018 108 M
Finance 2018 44 504 M
Yield 2018 -
P/E ratio 2018 30,25
P/E ratio 2019 37,05
EV / Sales 2018 -55,0x
EV / Sales 2019 -157x
Capitalization 2 977 M
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 301 $
Spread / Average Target 30%
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Managers
NameTitle
Douglas Robert Lebda Chairman & Chief Executive Officer
Neil Salvage President
J. D. Moriarty Chief Financial Officer
Paul Tyma Chief Technology Officer
Peter C. Horan Independent Director
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