Travel + Leisure (NYSE:TNL) Hits New 12-Month Low at $37.87

Journey + Leisure Co. (NYSE:TNL – Get Ranking)’s inventory price tag strike a new 52-7 days small through mid-working day investing on Thursday . The stock traded as lower as $37.87 and last traded at $37.87, with a volume of 294 shares traded. The inventory experienced previously closed at $39.00.

Individually, Jefferies Fiscal Group lifted Vacation + Leisure from a “hold” rating to a “buy” score and elevated their concentrate on price tag for the stock from $62.00 to $79.00 in a exploration report on Friday, April 29th. 5 financial commitment analysts have rated the inventory with a invest in rating, Primarily based on facts from MarketBeat.com, Vacation + Leisure has an common ranking of “Buy” and a consensus selling price goal of $76.60.

The firm has a current market capitalization of $3.56 billion, a PE ratio of 11.03 and a beta of 1.67. The agency has a 50-working day uncomplicated going average of $49.31 and a 200-day simple transferring common of $53.10.

Vacation + Leisure (NYSE:TNL – Get Rating) last posted its quarterly earnings data on Thursday, April 28th. The business noted $.69 earnings per share for the quarter, lacking analysts’ consensus estimates of $.72 by ($.03). Journey + Leisure experienced a net margin of 9.98% and a destructive return on equity of 40.92%. The business experienced income of $809.00 million for the quarter, compared to analysts’ anticipations of $772.11 million. Throughout the similar interval in the previous year, the business gained $.39 earnings for each share. The firm’s quarterly profits was up 28.8% on a yr-over-yr basis. As a group, equities analysts forecast that Journey + Leisure Co. will submit 4.54 earnings for every share for the current year.

The small business also lately disclosed a quarterly dividend, which will be compensated on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be given a dividend of $.40 for each share. The ex-dividend day of this dividend is Tuesday, June 14th. This represents a $1.60 dividend on an annualized foundation and a dividend yield of 3.84%. Vacation + Leisure’s payout ratio is at the moment 42.33%.

In other news, insider James J. Savina offered 5,500 shares of Travel + Leisure inventory in a transaction dated Friday, April 29th. The inventory was marketed at an common value of $57.19, for a complete transaction of $314,545.00. Subsequent the transaction, the insider now specifically owns 13,659 shares of the company’s stock, valued at around $781,158.21. The transaction was disclosed in a authorized filing with the SEC, which can be accessed through this website link. 2.07% of the inventory is owned by insiders.

A range of institutional buyers and hedge cash have lately modified their holdings of TNL. Counterpoint Mutual Cash LLC bought a new stake in Journey + Leisure for the duration of the 1st quarter valued at roughly $25,000. Money Analysts LLC elevated its stake in Vacation + Leisure by 80.2% for the duration of the 4th quarter. Money Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 just after paying for an added 210 shares throughout the time period. Carroll Financial Associates Inc. purchased a new stake in Journey + Leisure for the duration of the 4th quarter valued at approximately $27,000. Prospera Economical Solutions Inc bought a new stake in Travel + Leisure through the 1st quarter valued at approximately $29,000. Finally, Meeder Asset Management Inc. purchased a new stake in Travel + Leisure in the course of the 1st quarter valued at around $29,000. 87.70% of the stock is presently owned by institutional traders.

Travel + Leisure Enterprise Profile (NYSE:TNL)

Journey + Leisure Co, alongside one another with its subsidiaries, gives hospitality expert services and items in the United States and internationally. The firm operates in two segments, Trip Ownership and Journey and Membership. The Trip Ownership section develops, markets, and sells holiday possession pursuits (VOIs) to individual consumers delivers customer funding in connection with the sale of VOIs and gives house management services at resorts.

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