Shares of Journey + Leisure Co. (NYSE:TNL – Get Rating) have been assigned an average suggestion of “Moderate Buy” from the 6 brokerages that are at this time covering the stock, Marketbeat studies. A single financial investment analyst has rated the stock with a keep suggestion and five have specified a obtain recommendation to the business. The average 1 calendar year rate aim among analysts that have issued a report on the inventory in the very last 12 months is $76.60.
TNL has been the subject matter of a variety of the latest analyst reviews. Jefferies Money Group lifted Travel + Leisure from a “hold” rating to a “buy” ranking and elevated their value goal for the organization from $62.00 to $79.00 in a analysis note on Friday, April 29th. Barclays initiated coverage on Vacation + Leisure in a study notice on Tuesday. They issued an “equal weight” rating on the inventory.
Shares of Journey + Leisure stock opened at $38.82 on Tuesday. The organization has a marketplace cap of $3.32 billion, a selling price-to-earnings ratio of 10.27 and a beta of 1.67. Vacation + Leisure has a 52-week low of $37.67 and a 52-week substantial of $63.19. The inventory has a 50-day straightforward going ordinary of $48.16 and a 200-working day very simple shifting ordinary of $52.79.
Vacation + Leisure (NYSE:TNL – Get Score) past declared its quarterly earnings results on Thursday, April 28th. The organization claimed $.69 earnings for each share (EPS) for the quarter, lacking the consensus estimate of $.72 by ($.03). The organization had earnings of $809.00 million for the quarter, in contrast to analyst estimates of $772.11 million. Travel + Leisure experienced a web margin of 9.98% and a unfavorable return on equity of 40.92%. The firm’s quarterly revenue was up 28.8% as opposed to the identical quarter last yr. During the similar quarter in the prior calendar year, the agency earned $.39 earnings per share. On normal, equities investigate analysts predict that Travel + Leisure will publish 4.54 EPS for the present-day yr.
The firm also a short while ago declared a quarterly dividend, which was paid out on Thursday, June 30th. Shareholders of report on Wednesday, June 15th have been offered a $.40 dividend. This represents a $1.60 annualized dividend and a generate of 4.12%. The ex-dividend day of this dividend was Tuesday, June 14th. Vacation + Leisure’s dividend payout ratio is presently 42.33%.
In other Vacation + Leisure news, insider James J. Savina bought 5,500 shares of Travel + Leisure stock in a transaction that happened on Friday, April 29th. The inventory was bought at an common value of $57.19, for a complete value of $314,545.00. Next the transaction, the insider now instantly owns 13,659 shares of the company’s inventory, valued at close to $781,158.21. The sale was disclosed in a document submitted with the SEC, which is obtainable via this website link. Insiders have 2.07% of the company’s inventory.
Institutional investors and hedge resources have not long ago additional to or lessened their stakes in the organization. Counterpoint Mutual Money LLC purchased a new stake in shares of Vacation + Leisure during the initially quarter valued at close to $25,000. Cash Analysts LLC boosted its stake in Vacation + Leisure by 80.2% in the 4th quarter. Funds Analysts LLC now owns 472 shares of the company’s inventory valued at $26,000 soon after getting an added 210 shares in the previous quarter. Prospera Economical Companies Inc obtained a new stake in Vacation + Leisure in the 1st quarter valued at $29,000. Meeder Asset Administration Inc. obtained a new stake in Journey + Leisure in the 1st quarter valued at $29,000. Lastly, Carroll Economical Associates Inc. obtained a new stake in Vacation + Leisure in the 4th quarter valued at $27,000. Institutional investors and hedge resources individual 87.70% of the company’s stock.
Vacation + Leisure Corporation Profile (Get Rating)
Travel + Leisure Co, together with its subsidiaries, presents hospitality expert services and products and solutions in the United States and internationally. The company operates in two segments, Trip Ownership and Vacation and Membership. The Trip Possession section develops, markets, and sells family vacation ownership interests (VOIs) to individual shoppers offers consumer funding in link with the sale of VOIs and provides home administration providers at resorts.
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