LendingTree-Tree.com (TREE) Soars 19.0%: Is Further Upside Left in the Stock?

Core Viewpoint - Tree.com (TREE) shares experienced a significant increase of 19% in the last trading session, closing at $49.32, supported by strong trading volume, contrasting with a 5.6% gain over the past four weeks [1] Group 1: Legal Developments - The stock's price surge was primarily driven by a favorable legal ruling from the 11th district on January 24th, which determined that the FCC's requirement for one-to-one consent was an overreach [2] - The ruling alleviated concerns regarding a proposed FCC rule change that could have negatively impacted TREE's business model by limiting lead generation and resale [3] - The court's decision stated that the FCC exceeded its authority under the Telephone Consumer Protection Act and violated the First Amendment, allowing TREE to avoid additional operational steps [3] Group 2: Financial Performance Expectations - TREE is projected to report quarterly earnings of$ 0.68 per share, reflecting a year-over-year increase of 142.9%, with revenues expected to reach $235.77 million, up 75.4% from the previous year [4] - The consensus EPS estimate for TREE has remained stable over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [6] Group 3: Industry Context - TREE operates within the Zacks Financial - Mortgage & Related Services industry, where another company, Federal Agricultural Mortgage (AGM), closed 1.4% higher at$ 198.72, with a -0.6% return over the past month [6]