Travel+Leisure Co [TNL] stock is trading at $45.12, down -1.33%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TNL shares have gain 8.70% over the last week, with a monthly amount glided 14.52%, and seem to be holding up well over a long-time horizon.
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On 21, February 2024, Travel + Leisure Co. Reports Fourth Quarter and Full-Year 2023 Results and Provides 2024 Outlook. In a post published today on Yahoo Finance, Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported fourth quarter and full-year 2023 financial results for the period ended December 31, 2023.
From an analyst’s perspective:
Travel+Leisure Co [NYSE: TNL] stock has seen the most recent analyst activity on February 13, 2024, when JMP Securities initiated its Mkt Outperform rating and assigned the stock a price target of $50. Previously, Jefferies upgraded its rating to Buy on January 02, 2024, and elevated its price target to $57. On August 24, 2023, Tigress Financial initiated with a Buy rating and assigned a price target of $52 on the stock. BofA Securities started tracking the stock assigning a Underperform rating and suggested a price target of $42 on April 17, 2023. Jefferies downgraded its rating to a Hold and reduced its price target to $49 on February 03, 2023. Credit Suisse downgraded its rating to Underperform for this stock on October 28, 2022, and downed its price target to $31. In a note dated June 29, 2022, Barclays initiated an Equal Weight rating and provided a target price of $39 on this stock.
Travel+Leisure Co [TNL] stock has fluctuated between $32.10 and $46.26 over the past year. Currently, Wall Street analysts expect the stock to reach $59 within the next 12 months. Travel+Leisure Co [NYSE: TNL] shares were valued at $45.12 at the most recent close of the market. An investor can expect a potential return of 30.76% based on the average TNL price forecast.
Analyzing the TNL fundamentals
Travel+Leisure Co [NYSE:TNL] reported sales of 3.75B for the trailing twelve months, which represents a growth of 4.00%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.76 points at the first support level, and at 44.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.63, and for the 2nd resistance point, it is at 46.15.
Travel+Leisure Co [TNL] reported earnings per share of $1.98 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.38/share, meaning a difference of $0.6 and a surprise factor of 43.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.54 per share as compared to estimates of $1.46 per share, a difference of $0.08 representing a surprise of 5.50%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.85 and price to earnings (TTM) ratio is 8.59.
Transactions by insiders
Recent insider trading involved CHAVY OLIVIER,, that happened on Dec 12 when 21600.0 shares were sold. Director, HERRERA GEORGE completed a deal on Nov 16 to sell 1009.0 shares. Meanwhile, Brown Michael Dean bought 1000.0 shares on Oct 26.
