Journey + Leisure Co. (NYSE:TNL – Get Score) shares arrived at a new 52-week low in the course of investing on Monday . The stock traded as reduced as $44.78 and previous traded at $44.55, with a volume of 226 shares shifting arms. The stock had previously shut at $46.71.
Individually, Jefferies Economical Group lifted shares of Travel + Leisure from a “hold” rating to a “buy” score and improved their rate goal for the firm from $62.00 to $79.00 in a investigate take note on Friday, April 29th. Five financial commitment analysts have rated the stock with a invest in rating, Based on details from MarketBeat, the inventory has a consensus score of “Buy” and an regular price concentrate on of $76.60.
The business has a sector capitalization of $3.72 billion, a PE ratio of 12.36 and a beta of 1.67. The stock’s 50-working day straightforward relocating common is $51.57 and its 200-day simple transferring regular is $53.78.
Vacation + Leisure (NYSE:TNL – Get Rating) last declared its quarterly earnings results on Thursday, April 28th. The company claimed $.69 earnings for every share for the quarter, missing the consensus estimate of $.72 by ($.03). The business experienced revenue of $809.00 million for the quarter, in comparison to analysts’ anticipations of $772.11 million. Travel + Leisure had a internet margin of 9.98% and a detrimental return on fairness of 40.92%. The firm’s income was up 28.8% compared to the very same quarter last year. Through the very same quarter in the prior 12 months, the small business posted $.39 earnings for every share. As a team, analysts anticipate that Vacation + Leisure Co. will publish 4.54 EPS for the latest 12 months.
The company also recently announced a quarterly dividend, which will be compensated on Thursday, June 30th. Stockholders of document on Wednesday, June 15th will be provided a dividend of $.40 for each share. This signifies a $1.60 dividend on an annualized foundation and a dividend yield of 3.67%. The ex-dividend day of this dividend is Tuesday, June 14th. Travel + Leisure’s payout ratio is 42.33%.
In other Travel + Leisure news, Director George Herrera bought 2,189 shares of the business’s stock in a transaction on Friday, March 18th. The shares ended up bought at an ordinary rate of $58.50, for a whole transaction of $128,056.50. The sale was disclosed in a filing with the SEC, which is obtainable by the SEC web site. Also, insider James J. Savina offered 5,500 shares of the company’s stock in a transaction on Friday, April 29th. The inventory was marketed at an normal value of $57.19, for a full transaction of $314,545.00. Next the completion of the transaction, the insider now instantly owns 13,659 shares in the corporation, valued at $781,158.21. The disclosure for this sale can be found right here. 2.07% of the stock is at this time owned by corporate insiders.
A amount of hedge cash have a short while ago designed alterations to their positions in TNL. Counterpoint Mutual Resources LLC purchased a new placement in Travel + Leisure in the initially quarter valued at roughly $25,000. Capital Analysts LLC boosted its stake in Journey + Leisure by 80.2% in the fourth quarter. Money Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 just after buying an added 210 shares during the last quarter. Carroll Financial Associates Inc. bought a new placement in Vacation + Leisure in the fourth quarter valued at somewhere around $27,000. Prospera Monetary Expert services Inc bought a new position in shares of Travel + Leisure for the duration of the initial quarter well worth $29,000. Eventually, Meeder Asset Management Inc. acquired a new place in shares of Vacation + Leisure for the duration of the first quarter worth $29,000. 87.70% of the inventory is at the moment owned by hedge resources and other institutional investors.
About Vacation + Leisure (NYSE:TNL)
Travel + Leisure Co, together with its subsidiaries, offers hospitality expert services and items in the United States and internationally. The firm operates in two segments, Trip Possession and Vacation and Membership. The Getaway Possession section develops, marketplaces, and sells family vacation ownership pursuits (VOIs) to unique individuals provides consumer funding in relationship with the sale of VOIs and delivers house administration providers at resorts.
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