TA - TravelCenters of America Inc.
| Previous Close | 86.00 |
| Open | 86.03 |
| Bid | 0.00 x 900 |
| Ask | 0.00 x 1800 |
| Day's Range | 86.00 - 86.00 |
| 52 Week Range | 31.19 - 88.55 |
| Volume | |
| Avg. Volume | 535,941 |
| Market Cap | 1.299B |
| Beta (5Y Monthly) | 1.45 |
| PE Ratio (TTM) | 9.03 |
| EPS (TTM) | 9.52 |
| Earnings Date | Jul 31, 2023 - Aug 04, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 86.00 |
Business WireTravelCenters of America Stockholders Approve Pending BP Transaction
WESTLAKE, Ohio, May 10, 2023--TravelCenters of America Inc. (Nasdaq: TA), the nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center brands, today announced that, at its Special Meeting of Stockholders held earlier today, TA stockholders voted to approve TA’s merger with and into a wholly-owned indirect subsidiary of BP p.l.c. (NYSE: BP). As previously announced, under the terms of the merger agreement between TA and BP’s wholly-owned subsidiary, BP’s w
Business WireLeading Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend TA Shareholders Vote "FOR" Pending BP Transaction
WESTLAKE, Ohio, May 01, 2023--TravelCenters of America Inc. (Nasdaq: TA) today announced that leading independent proxy advisory firms Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis") have recommended that TA shareholders vote "FOR" the previously announced all-cash acquisition of TA by BP Products North America Inc. ("BP") in advance of TA’s upcoming Special Meeting of Shareholders scheduled for May 10, 2023. As previously announced, under the terms of the pendin
- Reuters
Proxy adviser ISS backs TravelCenters' proposed $1.3 bln deal with BP
Shareholder advisory firm Institutional Shareholder Services Inc (ISS) urged investors in TravelCenters of America Inc to vote for the company’s planned $1.3 billion sale to BP Plc, saying it "presents higher certainty of completion." In March, convenience store operator Arko Corp submitted an unsolicited rival bid worth $1.4 billion, or $92 per share, for TravelCenters. TravelCenters has so far rebuffed Arko's advances, saying the deal had a high level of execution risk due to the latter's inability to secure committed financing.
ZacksTravelCenters of America (TA) Reports Q1 Loss, Misses Revenue Estimates
TravelCenters (TA) delivered earnings and revenue surprises of -133.33% and 1.78%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireTravelCenters of America Inc. Announces First Quarter 2023 Financial Results
WESTLAKE, Ohio, April 26, 2023--TravelCenters of America Inc. (Nasdaq: TA) today announced financial results for the quarter ended March 31, 2023.
Business WireFollowing Engagement with ARKO, TA Board Reaffirmed ARKO Proposal is Not Superior to Pending BP Transaction
WESTLAKE, Ohio, April 24, 2023--TravelCenters of America Inc. (Nasdaq: TA) today announced that after TA requested and received a contractual waiver from BP Products North America Inc. ("BP"), TA engaged with ARKO Corp. ("ARKO") to diligence its proposal. Following this engagement, TA’s Board of Directors reaffirmed that ARKO’s proposal is neither a superior proposal nor could it reasonably be expected to lead to a superior proposal. The Board reconfirms its recommendation that shareholders vote
Business WireTravelCenters of America Announces Expiration of Hart-Scott-Rodino Act Waiting Period
WESTLAKE, Ohio, April 11, 2023--TravelCenters of America Inc. (Nasdaq: TA) today announced that the 30-day waiting period imposed by the Hart-Scott-Rodino Act ("HSR Act") in connection with its pending acquisition by BP Products North America Inc. ("BP") expired at 11:59 p.m. on April 10, 2023, without action by the Federal Trade Commission.
ZacksTravelCenters of America LLC (TA) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to TravelCenters (TA). This makes it worthwhile to examine what the stock has in store.
ZacksTravelCenters of America (TA) Gains But Lags Market: What You Should Know
TravelCenters of America (TA) closed the most recent trading day at $86.61, moving +0.13% from the previous trading session.
Business WireTravelCenters of America Files Definitive Proxy for BP Transaction
WESTLAKE, Ohio, April 03, 2023--TravelCenters of America Inc. (Nasdaq: TA) today announced that it filed its definitive proxy statement with the Securities and Exchange Commission ("SEC") in connection with the pending acquisition of TA by BP Products North America Inc. ("BP"). Under the terms of the pending transaction, BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash. The transaction price represents an 84% premium to TA’s average trading price of $
GlobeNewswireARKO Corp. Details Significant Updates Provided to Travel Center of America’s Board on Superior Acquisition Proposal
Superior Proposal of $92 per share backed by additional capacity, underscoring ARKO’s confidence in obtaining financing for a potential transactionRICHMOND, Va., March 29, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO”), a Fortune 500 company and one of the largest convenience store operators in the United States, today issued a letter to TravelCenters of America’s (NASDAQ: TA) (“TravelCenters”) Board, setting forth additional details of ARKO’s financing in connection with its propos
- Reuters
UPDATE 2-TravelCenters of America says Arko's $1.4 bln bid not superior to BP
TravelCenters of America on Tuesday confirmed Arko Corp's $1.4 billion takeover offer is not superior to its existing proposal from British energy giant BP Plc. Store operator Arko said on Monday it had made a buyout offer for TravelCenters, which was higher than BP's $1.3 billion bid in mid-February. But TravelCenters' board said Arko's proposal did not constitute a superior offer and had a high level of execution risk due to the latter's inability to secure committed financing.
Business WireTravelCenters of America Confirms ARKO Corp. Proposal is Not Superior to the Previously Announced BP Transaction
WESTLAKE, Ohio, March 28, 2023--TravelCenters of America Inc. (Nasdaq: TA) today confirmed that the Board of Directors (the "Board") previously reviewed and determined that the conditional, unsolicited and unfinanced proposal from ARKO Corp. (Nasdaq: ARKO) to acquire TA is neither superior to the transaction TA previously agreed to with BP Products North America Inc. ("BP") nor is it likely to lead to a superior proposal.
ZacksTravelCenters of America (TA) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, TravelCenters of America (TA) closed at $86.60, marking a +0.43% move from the previous day.
- Reuters
Store operator Arko discloses $1.4 billion offer for TravelCenters of America
Arko revealed it had made an offer of $1.4 billion on March 14, trumping BP Plc's $1.3 billion offer in mid-February that was accepted by TravelCenters of America. It did not disclose whether its offer had been rejected, but said the decision by TravelCenters' board regarding its proposal was “incorrect".
- Reuters
UPDATE 2-Store operator Arko discloses $1.4 bln offer for TravelCenters of America
Arko Corp said on Monday it had made a superior buyout offer for TravelCenters of America Inc than BP plc, but indicated the truck stop operator did not view its proposal favourably. Arko revealed it had made an offer of $1.4 billion on March 14, trumping BP Plc's $1.3 billion offer in mid-February that was accepted by TravelCenters of America.
- GlobeNewswire
ARKO Corp. Urges Travel Center of America’s Board to Consider Superior Acquisition Proposal
ARKO’s proposal to offer $92 per share should be seriously considered by TravelCenters of America’s Board of DirectorsRICHMOND, Va., March 27, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO”), a Fortune 500 company and one of the largest convenience store operators in the United States, today issued a letter urging Travel Centers of America’s (NASDAQ: TA) (“TravelCenters”) Board to seriously consider ARKO’s proposal to acquire TravelCenters and engage with, rather than exclude, ARKO i
ZacksTravelCenters of America LLC (TA) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching TravelCenters (TA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
ZacksTravelCenters of America (TA) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, TravelCenters of America (TA) closed at $84.23, marking a -0.18% move from the previous day.
ZacksTravelCenters of America (TA) Gains As Market Dips: What You Should Know
TravelCenters of America (TA) closed at $84.51 in the latest trading session, marking a +0.04% move from the prior day.
Business WireTravelCenters of America Continues Enhancing Full-Service Restaurants
WESTLAKE, Ohio, March 14, 2023--TravelCenters of America Inc. (Nasdaq: TA), nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center network, announced today exciting updates to its full-service restaurant business.
ZacksTravelCenters of America (TA) Stock Moves -0.14%: What You Should Know
TravelCenters of America (TA) closed at $84.51 in the latest trading session, marking a -0.14% move from the prior day.
Business WireTravelCenters of America Inc. Announces Fourth Quarter and Full Year 2022 Financial Results
WESTLAKE, Ohio, February 28, 2023--TravelCenters of America Inc. (Nasdaq: TA) today announced financial results for the three months and year ended December 31, 2022.
- Investing.com
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By Davit Kirakosyan
ZacksStrength Seen in TravelCenters (TA): Can Its 70.8% Jump Turn into More Strength?
TravelCenters (TA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.