Travel+Leisure Co (NYSE:TNL) Could Experience 17.38% Growth

In last trading session, Travel+Leisure Co (NYSE:TNL) saw 0.77 million shares changing hands with its beta currently measuring 1.64. Company’s recent per share price level of $45.86 trading at $0.6 or 1.33% at ring of the bell on the day assigns it a market valuation of $3.27B. That closing price of TNL’s stock is at a discount of -8.83% from its 52-week high price of $49.91 and is indicating a premium of 30.0% from its 52-week low price of $32.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.74 million shares which gives us an average trading volume of 581.39K if we extend that period to 3-months.

For Travel+Leisure Co (TNL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.70. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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Travel+Leisure Co (NYSE:TNL) trade information

Upright in the green during last session for gaining 1.33%, in the last five days TNL remained trading in the red while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $45.86 price level, adding 7.26% to its value on the day. Travel+Leisure Co’s shares saw a change of 17.32% in year-to-date performance and have moved -5.44% in past 5-day. Travel+Leisure Co (NYSE:TNL) showed a performance of 4.16% in past 30-days. Number of shares sold short was 2.56 million shares which calculate 4.11 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 58.5 to the stock, which implies a rise of 21.61% to its current value. Analysts have been projecting 46 as a low price target for the stock while placing it at a high target of 79. It follows that stock’s current price would drop -0.31% in reaching the projected high whereas dropping to the targeted low would mean a loss of -0.31% for stock’s current value.

Travel+Leisure Co (TNL) estimates and forecasts

Statistics highlight that Travel+Leisure Co is scoring comparatively lower than the scores of other players of the relevant industry. The company added 10.72% of value to its shares in past 6 months, showing an annual growth rate of -2.81% while that of industry is 13.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.08% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -2.82% while estimates for its earnings growth in next 5 years are of 4.40%.

TNL Dividends

With an annual yield of 4.14%, the share has a forward dividend of 1.90 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.95%.

Travel+Leisure Co (NYSE:TNL)’s Major holders

Insiders are in possession of 5.48% of company’s total shares while institution are holding 93.39 percent of that, with stock having share float percentage of 98.80%. Investors also watch the number of corporate investors in a company very closely, which is 93.39% institutions for Travel+Leisure Co that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at TNL for having 10.59 million shares of worth $518.67 million. And as of 2024-03-31, it was holding 14.2199 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 7.49 million shares on 2024-03-31. The number of shares represents firm’s hold over 10.0519 of outstanding shares, having a total worth of $366.65 million.