The stock of Travel + Leisure Co. (NYSE:TNL) increased by $0.04 on Friday to finish at $41.15, up 0.10 percent. The last five days have seen an average of 564,000 shares of common stock traded. 15 times new highs were reached in the current year, with a gain of $4.75. The average number of shares traded over the last 20 days was 835,490, while the average volume over the last 50 days totaled 763,662.
TNL stock dropped -4.61% since last month. On 07/26/23, the company’s shares reached a one-month low of $38.19. The stock touched a high of $48.12 on 02/02/23, after rallying from a low of $33.57 in 52 weeks. The price of TNL stock has risen by 13.05% or $4.75 this year, reaching a new high 15 times. Still, the stock price is down -14.48% from the 52-week high.
Insider Transactions
TNL stock investors should be aware that Travel + Leisure Co. (TNL) stock had its last reported insider trading activity 69 days ago on Jun 06. On Jun 06, SVP, Chief Accounting Officer Duncan Thomas Michael sold 3,000 shares at $40.92 each. This transaction resulted in the insider making $122,749. On Apr 27, CHAVY OLIVIER sold 7,900 shares at a price of US$38.02. After the transaction, the insider now owns 4,511 shares. CHAVY OLIVIER had earlier sold 2,650 shares on Mar 17 for $37.51 a share. The transaction was completed for $99,402.
Valuation Metrics
Travel + Leisure Co. (TNL) has a trailing price-to-earnings (P/E) ratio of 9.16. Beta for the stock is 1.69. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.83, and the price-to-cash flow ratio of 11.78.
Company paid $0.45 per share in dividends, remained unchanged from $0.45 last year. A $0.05 dividend increase was reported on Wednesday March 8 2023.
Financial Health
For the three months ended June 29, Travel + Leisure Co.’s quick ratio was 2.60, while its current ratio was 3.60, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 48.30% percent. Travel + Leisure Co.’s EBITDA margin for the year ended June 29 was 22.82%, whereas its operating margin stood at 18.30% for the same period. Based on annual data, it had gross profit of $1.73 billion and revenue of $3.57 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TNL’s return on assets (ROA) during the last 12 months has been 5.60%. There was a 11.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -38.20%.
Earnings Surprise
According to Travel + Leisure Co.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $949.0 million, while revenues rose by 100.0% to $0.0. It was predicted that Travel + Leisure Co.’s quarterly earnings would be $1.33, but it ended up being $1.33. EBITDA was $210.0 million for the quarter. At the end of Travel + Leisure Co.’s most recent quarter ended June 29, its liabilities totaled 7.61 billion, while its total debt was $5.67 billion. Equity owned by shareholders amounts to $73.92 million.
Technical Picture
Here’s a quick look at Travel + Leisure Co.’s (TNL) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 53.32%, suggesting the stock is Neutral, with a 29.81% historical volatility rate.
The stochastic %K and %D were 73.31% and 65.34% respectively, while the average true range (ATR) was 1.11. Based on the 14-day stochastic reading of 74.00%, the RSI (14) reading is 52.26%. On the 9-day MACD Oscillator, the stock is at 0.70, and the 14-day reading is at 0.85.
Analyst Ratings
In its analyst report released on April 17, 2023, BofA Securities began covering Travel + Leisure Co. (NYSE: TNL). The stock was rated as an Underperform by the brokerage firm. Analysts have assigned Travel + Leisure Co. (TNL) an Overweight rating. TNL is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 5 others recommend it as a buy.
What is TNL’s price target for the next 12 months?
The current consensus forecast for the stock is between $42.00 and $66.00, with a median target price of $50.00. In analyzing these forecasts, the average price target given by analysts for Travel + Leisure Co. (TNL) is $51.88.
