Equities scientists at Barclays commenced coverage on shares of Journey + Leisure (NYSE:TNL – Get Score) in a analysis notice issued to buyers on Tuesday, June 28th, MarketBeat reports. The agency set an “equal weight” ranking on the stock.
Independently, Jefferies Economical Team elevated shares of Travel + Leisure from a “hold” ranking to a “buy” ranking and upped their cost goal for the inventory from $62.00 to $79.00 in a research be aware on Friday, April 29th. One particular analyst has rated the inventory with a hold score and five have assigned a get rating to the inventory. In accordance to MarketBeat, Vacation + Leisure presently has an typical score of “Moderate Buy” and a consensus concentrate on price tag of $76.60.
NYSE:TNL traded down $1.68 for the duration of mid-day investing on Tuesday, achieving $38.94. The company’s stock experienced a trading quantity of 873,017 shares, compared to its typical quantity of 847,846. Vacation + Leisure has a 1 calendar year small of $37.67 and a 1 year higher of $63.19. The inventory has a fifty working day transferring average of $47.38 and a 200-working day moving common of $52.65. The company has a industry capitalization of $3.33 billion, a PE ratio of 10.75 and a beta of 1.73.
Travel + Leisure (NYSE:TNL – Get Score) past released its quarterly earnings info on Thursday, April 28th. The enterprise claimed $.69 earnings per share for the quarter, missing analysts’ consensus estimates of $.73 by ($.04). Vacation + Leisure experienced a destructive return on equity of 40.92% and a internet margin of 9.98%. The enterprise experienced revenue of $809.00 million for the duration of the quarter, compared to analysts’ expectations of $772.11 million. All through the exact same interval very last year, the firm gained $.39 earnings for each share. The firm’s profits was up 28.8% compared to the similar quarter last yr. As a team, equities analysts forecast that Travel + Leisure will put up 4.54 earnings for each share for the current 12 months.
In other Travel + Leisure information, insider James J. Savina bought 5,500 shares of the business’s inventory in a transaction dated Friday, April 29th. The shares had been bought at an ordinary selling price of $57.19, for a whole benefit of $314,545.00. Following the completion of the transaction, the insider now instantly owns 13,659 shares in the company, valued at $781,158.21. The sale was disclosed in a submitting with the Securities & Trade Commission, which is available as a result of the SEC website. Insiders have 2.07% of the company’s stock.
Several institutional buyers and hedge resources have lately acquired and offered shares of TNL. Counterpoint Mutual Funds LLC obtained a new placement in shares of Travel + Leisure all through the first quarter valued at about $25,000. Funds Analysts LLC increased its holdings in shares of Travel + Leisure by 80.2% through the fourth quarter. Capital Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 just after acquiring an supplemental 210 shares in the final quarter. Carroll Economic Associates Inc. acquired a new placement in shares of Journey + Leisure in the course of the fourth quarter valued at about $27,000. Prospera Economical Solutions Inc acquired a new situation in shares of Travel + Leisure for the duration of the initially quarter valued at about $29,000. At last, Meeder Asset Administration Inc. obtained a new place in shares of Vacation + Leisure in the course of the initial quarter valued at about $29,000. Hedge funds and other institutional buyers own 87.70% of the company’s stock.
About Travel + Leisure (Get Rating)
Journey + Leisure Co, together with its subsidiaries, offers hospitality services and merchandise in the United States and internationally. The organization operates in two segments, Vacation Ownership and Travel and Membership. The Holiday Possession segment develops, marketplaces, and sells family vacation possession pursuits (VOIs) to unique people presents consumer funding in link with the sale of VOIs and provides house administration solutions at resorts.
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