Travel+Leisure Co (NYSE:TNL) shares, rose in value on Friday, March 07, with the stock price up by 0.24% to the previous day’s close as strong demand from buyers drove the stock to $53.62.
Actively observing the price movement in the last trading, the stock closed the session at $53.49. The PE ratio was 9.99 over 12-month period. Referring to stock’s 52-week performance, its high was $58.95, and the low was $39.91. On the whole, TNL has fluctuated by -3.14% over the past month.
With the market capitalization of Travel+Leisure Co currently standing at about $3.58 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 3.73%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.03B, with a low estimate of 910.8M and a high estimate of 945M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 933.08M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TNL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.60, with the price of TNL currently trading nearly -3.63% and -0.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.17, while the 7-day volatility ratio is showing 2.85% which for the 30-day chart, stands at 2.78%. Furthermore, Travel+Leisure Co (TNL)’s beta value is 1.38, and its average true range (ATR) is 1.50.
A comparison of Travel+Leisure Co (TNL) with its peers suggests the former has fared considerably weaker in the market. TNL showed an intraday change of 0.24% in last session, and over the past year, it grew by 18.79%%.
Data on historical trading for Travel+Leisure Co (NYSE:TNL) indicates that the trading volumes over the past 3 months, they’ve averaged 565.83K. According to company’s latest data on outstanding shares, there are 67.12 million shares outstanding.
Nearly 3.85% of Travel+Leisure Co’s shares belong to company insiders and institutional investors own 88.42% of the company’s shares. The stock has risen by 6.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TNL stock heading into the next quarter.
