Key Takeaways:
- Travel + Leisure Co. posts strong quarterly results with over $1 billion in revenue.
- Analysts forecast an average target price of $60.83 for TNL stock with an “Outperform” recommendation.
- GuruFocus estimates suggest a potential downside, valuing TNL at $53.60 in one year.
Travel + Leisure Co. (TNL, Financial) delivered a stellar second quarter, reflecting the company’s ability to leverage its core competencies. The revenue topped an impressive $1 billion, while adjusted EBITDA soared to $250 million, marking significant year-over-year growth. This robust performance is primarily credited to the strength of the company’s Vacation Ownership segment. Additionally, adjusted earnings per share climbed to $1.65, showcasing a 9% increment compared to the previous year.
Wall Street Analysts’ Forecasts
According to leading analysts, Travel + Leisure Co. (TNL, Financial) is projected to hit an average target price of $60.83 over the next year. These estimates range from a bullish high of $71.00 to a conservative low of $39.00. Despite the current price of $61.88, the average target suggests a modest downside of 1.69%. For a more comprehensive view, please refer to the Travel Leisure Co (TNL) Forecast page.
The consensus among 11 brokerage firms positions Travel+Leisure Co. with an average brokerage recommendation of 2.0, which indicates an “Outperform” status. This rating is part of a scale where 1 denotes a Strong Buy, and 5 suggests a Sell.
GuruFocus Analysis
Utilizing proprietary metrics, GuruFocus provides a calculated GF Value for TNL at $53.60 in one year’s time, suggesting a potential downside of 13.38% from the present trading price of $61.88. The GF Value encompasses historical trading multiples, past business growth, and future business performance estimates. For detailed insights, visit the Travel Leisure Co (TNL, Financial) Summary page.
