Reassessing The Changing Outlook For Travel+Leisure Co (TNL)

Currently, there are 68.34M common shares owned by the public and among those 65.77M shares have been available to trade.

The company’s stock has a 5-day price change of 0.14% and 5.62% over the past three months. TNL shares are trading 11.83% year to date (YTD), with the 12-month market performance up to 40.17% higher. It has a 12-month low price of $39.88 and touched a high of $57.62 over the same period. TNL has an average intraday trading volume of 520.80K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.96%, 6.24%, and 18.20% respectively.

Institutional ownership of Travel+Leisure Co (NYSE: TNL) shares accounts for 86.07% of the company’s 68.34M shares outstanding.

It has a market capitalization of $3.86B and a beta (3y monthly) value of 1.64. The stock’s trailing 12-month PE ratio is 10.37, while the earnings-per-share (ttm) stands at $5.44. The company has a PEG of 1.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.12% over the week and 2.13% over the month.

Earnings per share for the fiscal year are expected to decrease by -0.58%, and 13.24% over the next financial year. EPS should shrink at an annualized rate of 10.14% over the next five years, compared to 19.08% over the past 5-year period.

Looking at the support for the TNL, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on January 27, 2025, with the firm’s price target at $40-$60. Morgan Stanley coverage for the Travel+Leisure Co (TNL) stock in a research note released on January 06, 2025 offered a Overweight rating with a price target of $67. Barclays was of a view on September 26, 2024 that the stock is Underweight, while Goldman gave the stock Neutral rating on September 18, 2024, issuing a price target of $44. Mizuho on their part issued Neutral rating on March 26, 2024.

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