Trulia (NASDAQ:TRLA) posted its quarterly earnings results on Wednesday. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.01, AnalystRatings.Net reports. The company had revenue of $29.70 million for the quarter, compared to the consensus estimate of $27.69 million.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Trulia in a research note to investors on Thursday, June 27th. They now have a $38.00 price target on the stock. On a related note, analysts at Morgan Stanley initiated coverage on shares of Trulia in a research note to investors on Thursday, June 13th. They set an “underweight” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Trulia in a research note to investors on Thursday, May 30th. They now have a $42.00 price target on the stock, up previously from $39.00.
One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. Trulia has an average rating of “Buy” and a consensus target price of $39.86.
Shares of Trulia (NASDAQ:TRLA) traded down 1.09% during mid-day trading on Wednesday, hitting $37.26. Trulia has a one year low of $14.69 and a one year high of $38.22. The stock’s 50-day moving average is currently $33.27. The company’s market cap is $1.203 billion.
Trulia, Inc is a real estate search engine company. The Company offers free and subscription products that provide real estate professionals with access to transaction-ready consumers and help them enhance their online presence.
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