On May 16, 2018 BofA Merrill Reports Travelport Worldwide (TVPT)’s Rating Change From Buy to Neutral.

May 16, 2018 - By Fidelia Bagby

Travelport Worldwide Limited (NYSE:TVPT) Corporate Logo

BofA Merrill Lowered Travelport Worldwide (TVPT)’s Stock Rating to Neutral.

Analysts changed Travelport Worldwide (TVPT)‘s rating on 15 May. It was issued in a report that BofA Merrill decreased TVPT’s stock from Buy to Neutral.

TVPT is touching $17.245 during the last trading session, after increased 1.03%.Travelport Worldwide Limited has volume of 173,976 shares. Since May 16, 2017 TVPT has risen 40.12% and is uptrending. TVPT outperformed the S&P 500 by 28.57%.

Investors wait Travelport Worldwide Limited (NYSE:TVPT)’s quarterly earnings on August, 2., Zacks reports. The earnings per share diference is $0.26 or 92.86 % down from last years number. Previous year: $0.28; Analysts forcast: $0.02. TVPT’s profit could hit $2.52M with 215.56 P/E in case $0.02 earnings per share is published. After $0.25 earnings per share was published previous quarter, analysts now see negative EPS growth of -92.00 % for Travelport Worldwide Limited.

Travelport Worldwide Limited, together with its subsidiaries, operates a travel commerce platform that offers distribution, technology, payment, and other solutions for the travel and tourism industry in the United States, the United Kingdom, and internationally.The company has $2.17 billion market cap. It facilitates travel commerce by connecting travel providers with online and offline travel buyers in a business-to-business travel platform.The P/E ratio is 15.32. The firm provides distribution and merchandising solutions for hotel, car rental, rail, cruise-line, and tour operators; Virtual Account Number payment solutions that automatically generate unique MasterCard numbers that are used to process payments; advertising solutions; and other platform services, such as subscription, processing, and business intelligence data services, as well as marketing-oriented analytical tools to travel agencies, travel providers, and other travel data users.

For more Travelport Worldwide Limited (NYSE:TVPT) news announced briefly go to: Benzinga.com, Seekingalpha.com, Seekingalpha.com, Streetinsider.com or Benzinga.com. The titles are as follows: “A Travel Pair Trade: Sabre And Travelport” announced on May 15, 2018, “Travelport’s (TVPT) CEO Gordon Wilson on Q1 2018 Results – Earnings Call Transcript” on May 05, 2018, “Travelport 2018 Q1 – Results – Earnings Call Slides” with a publish date: May 04, 2018, “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)” and the last “Benzinga’s Top Upgrades, Downgrades For May 15, 2018” with publication date: May 15, 2018.

Travelport Worldwide Limited (NYSE:TVPT) Analyst Ratings Chart

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