Journey + Leisure Co. (NYSE:TNL – Get Ranking) shares attained a new 52-7 days very low for the duration of trading on Monday . The inventory traded as low as $44.78 and very last traded at $44.55, with a quantity of 226 shares transforming arms. The stock experienced earlier closed at $46.71.
Separately, Jefferies Monetary Team lifted shares of Vacation + Leisure from a “hold” rating to a “buy” score and amplified their rate focus on for the business from $62.00 to $79.00 in a exploration take note on Friday, April 29th. Five expenditure analysts have rated the inventory with a obtain rating, Primarily based on information from MarketBeat, the inventory has a consensus rating of “Buy” and an ordinary selling price target of $76.60.
The business has a industry capitalization of $3.72 billion, a PE ratio of 12.36 and a beta of 1.67. The stock’s 50-day uncomplicated moving common is $51.57 and its 200-day basic shifting regular is $53.78.
Journey + Leisure (NYSE:TNL – Get Rating) final declared its quarterly earnings outcomes on Thursday, April 28th. The enterprise described $.69 earnings for every share for the quarter, missing the consensus estimate of $.72 by ($.03). The corporation had revenue of $809.00 million for the quarter, when compared to analysts’ expectations of $772.11 million. Journey + Leisure had a web margin of 9.98% and a detrimental return on fairness of 40.92%. The firm’s income was up 28.8% when compared to the very same quarter previous calendar year. In the course of the exact same quarter in the prior calendar year, the business posted $.39 earnings per share. As a team, analysts hope that Travel + Leisure Co. will post 4.54 EPS for the current year.
The company also a short while ago announced a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of report on Wednesday, June 15th will be presented a dividend of $.40 for every share. This signifies a $1.60 dividend on an annualized foundation and a dividend produce of 3.67%. The ex-dividend day of this dividend is Tuesday, June 14th. Vacation + Leisure’s payout ratio is 42.33%.
In other Journey + Leisure news, Director George Herrera sold 2,189 shares of the business’s inventory in a transaction on Friday, March 18th. The shares were offered at an average selling price of $58.50, for a complete transaction of $128,056.50. The sale was disclosed in a submitting with the SEC, which is offered via the SEC internet site. Also, insider James J. Savina marketed 5,500 shares of the company’s inventory in a transaction on Friday, April 29th. The inventory was offered at an ordinary price tag of $57.19, for a full transaction of $314,545.00. Adhering to the completion of the transaction, the insider now directly owns 13,659 shares in the firm, valued at $781,158.21. The disclosure for this sale can be observed right here. 2.07% of the inventory is at this time owned by company insiders.
A variety of hedge money have just lately created adjustments to their positions in TNL. Counterpoint Mutual Funds LLC purchased a new placement in Vacation + Leisure in the to start with quarter valued at roughly $25,000. Capital Analysts LLC boosted its stake in Travel + Leisure by 80.2% in the fourth quarter. Funds Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 after getting an additional 210 shares for the duration of the very last quarter. Carroll Economical Associates Inc. acquired a new placement in Travel + Leisure in the fourth quarter valued at somewhere around $27,000. Prospera Financial Services Inc purchased a new posture in shares of Journey + Leisure for the duration of the initial quarter really worth $29,000. Last but not least, Meeder Asset Management Inc. acquired a new posture in shares of Vacation + Leisure in the course of the initially quarter worth $29,000. 87.70% of the inventory is at the moment owned by hedge cash and other institutional traders.
About Journey + Leisure (NYSE:TNL)
Vacation + Leisure Co, collectively with its subsidiaries, gives hospitality providers and goods in the United States and internationally. The firm operates in two segments, Vacation Ownership and Vacation and Membership. The Trip Ownership section develops, marketplaces, and sells holiday vacation possession interests (VOIs) to specific consumers gives shopper funding in connection with the sale of VOIs and offers home administration products and services at resorts.
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