Analysts Set Travel + Leisure Co. (NYSE:TNL) Target Price at $76.60

Shares of Vacation + Leisure Co. (NYSE:TNLGet Rating) have been assigned an ordinary advice of “Moderate Buy” from the 6 brokerages that are at the moment covering the inventory, Marketbeat reports. 1 financial commitment analyst has rated the stock with a hold suggestion and 5 have provided a acquire recommendation to the corporation. The average 1 yr rate goal among analysts that have issued a report on the inventory in the very last yr is $76.60.

TNL has been the topic of a range of latest analyst stories. Jefferies Monetary Team elevated Journey + Leisure from a “hold” score to a “buy” score and elevated their value aim for the organization from $62.00 to $79.00 in a study be aware on Friday, April 29th. Barclays initiated protection on Travel + Leisure in a exploration be aware on Tuesday. They issued an “equal weight” ranking on the stock.

Shares of Journey + Leisure inventory opened at $38.82 on Tuesday. The firm has a market place cap of $3.32 billion, a price-to-earnings ratio of 10.27 and a beta of 1.67. Travel + Leisure has a 52-7 days minimal of $37.67 and a 52-week high of $63.19. The stock has a 50-working day easy moving normal of $48.16 and a 200-day very simple relocating common of $52.79.

Travel + Leisure (NYSE:TNLGet Rating) final introduced its quarterly earnings benefits on Thursday, April 28th. The firm described $.69 earnings for each share (EPS) for the quarter, missing the consensus estimate of $.72 by ($.03). The company had income of $809.00 million for the quarter, when compared to analyst estimates of $772.11 million. Travel + Leisure had a net margin of 9.98% and a unfavorable return on equity of 40.92%. The firm’s quarterly profits was up 28.8% in contrast to the exact same quarter previous calendar year. Through the exact quarter in the prior year, the company gained $.39 earnings for each share. On average, equities study analysts forecast that Vacation + Leisure will write-up 4.54 EPS for the existing calendar year.

The business also lately declared a quarterly dividend, which was paid out on Thursday, June 30th. Shareholders of document on Wednesday, June 15th ended up presented a $.40 dividend. This represents a $1.60 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend was Tuesday, June 14th. Journey + Leisure’s dividend payout ratio is at the moment 42.33%.

In other Journey + Leisure news, insider James J. Savina sold 5,500 shares of Journey + Leisure inventory in a transaction that happened on Friday, April 29th. The inventory was offered at an normal price tag of $57.19, for a whole price of $314,545.00. Next the transaction, the insider now straight owns 13,659 shares of the company’s inventory, valued at roughly $781,158.21. The sale was disclosed in a doc submitted with the SEC, which is obtainable through this connection. Insiders individual 2.07% of the company’s inventory.

Institutional traders and hedge funds have recently included to or reduced their stakes in the business. Counterpoint Mutual Funds LLC purchased a new stake in shares of Travel + Leisure throughout the initially quarter valued at approximately $25,000. Funds Analysts LLC boosted its stake in Vacation + Leisure by 80.2% in the 4th quarter. Cash Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 immediately after acquiring an additional 210 shares in the final quarter. Prospera Economical Products and services Inc acquired a new stake in Vacation + Leisure in the 1st quarter valued at $29,000. Meeder Asset Administration Inc. acquired a new stake in Travel + Leisure in the 1st quarter valued at $29,000. Last but not least, Carroll Economic Associates Inc. acquired a new stake in Vacation + Leisure in the 4th quarter valued at $27,000. Institutional traders and hedge funds personal 87.70% of the company’s stock.

Vacation + Leisure Company Profile (Get Score)

Travel + Leisure Co, with each other with its subsidiaries, gives hospitality products and services and products in the United States and internationally. The firm operates in two segments, Getaway Ownership and Travel and Membership. The Getaway Possession section develops, marketplaces, and sells vacation ownership passions (VOIs) to person shoppers delivers shopper funding in connection with the sale of VOIs and provides home administration companies at resorts.

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Analyst Recommendations for Travel + Leisure (NYSE:TNL)

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