The stock price of Travel+Leisure Co (NYSE: TNL) has jumped by 0.39 compared to previous close of 46.06. Despite this, the company has seen a gain of 6.13% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that Although the revenue and EPS for Travel Leisure Co. (TNL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Is It Worth Investing in Travel+Leisure Co (NYSE: TNL) Right Now?
Travel+Leisure Co (NYSE: TNL) has a price-to-earnings ratio of 8.80x that is above its average ratio. Additionally, the 36-month beta value for TNL is 1.64. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for TNL is 68.15M and currently, short sellers hold a 2.95% ratio of that float. The average trading volume of TNL on April 25, 2024 was 572.22K shares.
TNL’s Market Performance
TNL’s stock has seen a 6.13% increase for the week, with a -3.22% drop in the past month and a 17.36% gain in the past quarter. The volatility ratio for the week is 2.70%, and the volatility levels for the past 30 days are at 2.19% for Travel+Leisure Co. The simple moving average for the past 20 days is 0.58% for TNL’s stock, with a 15.31% simple moving average for the past 200 days.
Analysts’ Opinion of TNL
Many brokerage firms have already submitted their reports for TNL stocks, with Mizuho repeating the rating for TNL by listing it as a “Neutral.” The predicted price for TNL in the upcoming period, according to Mizuho is $55 based on the research report published on March 26, 2024 of the current year 2024.
JMP Securities, on the other hand, stated in their research note that they expect to see TNL reach a price target of $50. The rating they have provided for TNL stocks is “Mkt Outperform” according to the report published on February 13th, 2024.
Jefferies gave a rating of “Buy” to TNL, setting the target price at $57 in the report published on January 02nd of the current year.
TNL Trading at 2.35% from the 50-Day Moving Average
After a stumble in the market that brought TNL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.67% of loss for the given period.
Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares sank -2.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.65% upper at present.
During the last 5 trading sessions, TNL rose by +6.13%, which changed the moving average for the period of 200-days by +11.15% in comparison to the 20-day moving average, which settled at $45.91. In addition, Travel+Leisure Co saw 18.29% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TNL starting from Savina James J, who sale 6,000 shares at the price of $47.00 back on Mar 20 ’24. After this action, Savina James J now owns 26,442 shares of Travel+Leisure Co, valued at $282,000 using the latest closing price.
HERRERA GEORGE, the Director of Travel+Leisure Co, sale 2,969 shares at $45.33 during a trade that took place back on Mar 15 ’24, which means that HERRERA GEORGE is holding 2,193 shares at $134,592 based on the most recent closing price.
Stock Fundamentals for TNL
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.61 for the gross margin
The net margin for Travel+Leisure Co stands at 0.11. The total capital return value is set at 0.13.
Based on Travel+Leisure Co (TNL), the company’s capital structure generated 1.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at -5.76. The interest coverage ratio of the stock is 2.86.
Currently, EBITDA for the company is 876.0 million with net debt to EBITDA at 6.22. When we switch over and look at the enterprise to sales, we see a ratio of 2.33. The receivables turnover for the company is 1.3for trailing twelve months and the total asset turnover is 0.56.
Conclusion
In conclusion, Travel+Leisure Co (TNL) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
