Travel+Leisure Co (NYSE: TNL)’s stock price has plunge by 3.56relation to previous closing price of 42.67. Nevertheless, the company has seen a 4.49% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-08-29 that ORLANDO, Fla.–(BUSINESS WIRE)–Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today shared its 2023 Environmental, Social, and Governance (ESG) Report. The annual report outlines the company’s progress towards its ESG commitments grounded by the principle of responsible tourism. With a mission to put the world on vacation, Travel + Leisure Co. expands its impact beyond business as usual through a commitment to ESG practices and demonstrated integrat.
Is It Worth Investing in Travel+Leisure Co (NYSE: TNL) Right Now?
The price-to-earnings ratio for Travel+Leisure Co (NYSE: TNL) is 7.96x, which is above its average ratio. Moreover, the 36-month beta value for TNL is 1.64. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 1 as “sell.”
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The public float for TNL is 67.05M and currently, short sellers hold a 3.22% of that float. On September 20, 2024, TNL’s average trading volume was 628.52K shares.
TNL’s Market Performance
TNL stock saw an increase of 4.49% in the past week, with a monthly gain of 4.47% and a quarterly increase of 0.39%. The volatility ratio for the week is 2.31%, and the volatility levels for the last 30 days are 2.16% for Travel+Leisure Co (TNL). The simple moving average for the past 20 days is 2.81% for TNL’s stock, with a 1.87% simple moving average for the past 200 days.
Analysts’ Opinion of TNL
Many brokerage firms have already submitted their reports for TNL stocks, with Goldman repeating the rating for TNL by listing it as a “Neutral.” The predicted price for TNL in the upcoming period, according to Goldman is $44 based on the research report published on September 18, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see TNL reach a price target of $55. The rating they have provided for TNL stocks is “Neutral” according to the report published on March 26th, 2024.
JMP Securities gave a rating of “Mkt Outperform” to TNL, setting the target price at $50 in the report published on February 13th of the current year.
TNL Trading at 0.28% 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 -11.46% of loss for the given period.
Volatility was left at 2.16%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares surge +2.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.87% lower at present.
During the last 5 trading sessions, TNL rose by +4.49%, which changed the moving average for the period of 200-days by +16.94% in comparison to the 20-day moving average, which settled at $43.04. In addition, Travel+Leisure Co saw 13.05% 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 HERRERA GEORGE, who sale 2,193 shares at the price of $42.48 back on Sep 17 ’24. After this action, HERRERA GEORGE now owns 0 shares of Travel+Leisure Co, valued at $93,159 using the latest closing price.
HERRERA GEORGE, the Officer of Travel+Leisure Co, proposed sale 2,193 shares at $42.53 during a trade that took place back on Sep 17 ’24, which means that HERRERA GEORGE is holding shares at $93,266 based on the most recent closing price.
Stock Fundamentals for TNL
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.54 for the gross margin
The net margin for Travel+Leisure Co stands at 0.11. The total capital return value is set at 0.14.
Based on Travel+Leisure Co (TNL), the company’s capital structure generated 1.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at -6.28. The interest coverage ratio of the stock is 2.98.
Currently, EBITDA for the company is 876.0 million with net debt to EBITDA at 5.87. When we switch over and look at the enterprise to sales, we see a ratio of 2.2. The receivables turnover for the company is 20.89for trailing twelve months and the total asset turnover is 0.57.
Conclusion
To wrap up, the performance of Travel+Leisure Co (TNL) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
