Shares of Journey + Leisure Co. (NYSE:TNL – Get Ranking) have been assigned a median ranking of “Reasonable Purchase” from the six brokerages which are overlaying the agency, Marketbeat Scores studies. One equities analysis analyst has rated the inventory with a maintain ranking and 4 have assigned a purchase ranking to the corporate. The common 12 month goal value amongst brokerages which have issued rankings on the inventory within the final yr is $71.40.
A lot of equities analysts have just lately issued studies on TNL shares. Deutsche Financial institution Aktiengesellschaft minimize their value goal on shares of Journey + Leisure from $76.00 to $69.00 and set a “purchase” ranking on the inventory in a analysis report on Monday, August 1st. Truist Monetary dropped their value goal on shares of Journey + Leisure from $78.00 to $72.00 and set a “purchase” ranking on the inventory in a analysis report on Friday, August twelfth. Barclays assumed protection on shares of Journey + Leisure in a analysis report on Tuesday, June twenty eighth. They issued an “equal weight” ranking on the inventory. Lastly, Stifel Nicolaus dropped their value goal on shares of Journey + Leisure from $76.00 to $61.00 in a analysis report on Thursday, July twenty eighth.
Insiders Place Their Bets
In different Journey + Leisure information, Director George Herrera bought 2,135 shares of Journey + Leisure inventory in a transaction that occurred on Thursday, August eleventh. The shares had been bought at a median value of $45.72, for a complete transaction of $97,612.20. Following the transaction, the director now owns 39,852 shares of the corporate’s inventory, valued at roughly $1,822,033.44. The transaction was disclosed in a authorized submitting with the SEC, which is on the market by this hyperlink. In different Journey + Leisure information, insider Olivier Chavy bought 4,195 shares of Journey + Leisure inventory in a transaction that occurred on Friday, July twenty ninth. The shares had been bought at a median value of $42.65, for a complete transaction of $178,916.75. Following the transaction, the insider now owns 127,236 shares of the corporate’s inventory, valued at roughly $5,426,615.40. The transaction was disclosed in a authorized submitting with the SEC, which is on the market by this hyperlink. Additionally, Director George Herrera bought 2,135 shares of the agency’s inventory in a transaction that occurred on Thursday, August eleventh. The inventory was bought at a median value of $45.72, for a complete transaction of $97,612.20. Following the sale, the director now owns 39,852 shares of the corporate’s inventory, valued at roughly $1,822,033.44. The disclosure for this sale will be discovered right here. Insiders personal 2.07% of the corporate’s inventory.
Institutional Traders Weigh In On Journey + Leisure
Advert Stansberry Analysis
CEO of largest PE agency predicts “social unrest”
The CEO of Blackstone (America’s largest non-public fairness agency) just lately went public predicting “social unrest.”
A number of giant buyers have just lately modified their holdings of the inventory. BlackRock Inc. elevated its stake in shares of Journey + Leisure by 13.9% throughout the 1st quarter. BlackRock Inc. now owns 9,806,796 shares of the corporate’s inventory price $568,206,000 after buying a further 1,197,611 shares over the last quarter. Vanguard Group Inc. elevated its stake in shares of Journey + Leisure by 1.2% throughout the 1st quarter. Vanguard Group Inc. now owns 8,770,347 shares of the corporate’s inventory price $508,154,000 after buying a further 108,258 shares over the last quarter. Invesco Ltd. elevated its stake in shares of Journey + Leisure by 11.8% throughout the 1st quarter. Invesco Ltd. now owns 6,057,641 shares of the corporate’s inventory price $350,980,000 after buying a further 636,968 shares over the last quarter. Boston Companions elevated its stake in shares of Journey + Leisure by 25.2% throughout the 1st quarter. Boston Companions now owns 4,068,039 shares of the corporate’s inventory price $234,757,000 after buying a further 817,795 shares over the last quarter. Lastly, Principal Monetary Group Inc. grew its stake in Journey + Leisure by 0.5% within the 2nd quarter. Principal Monetary Group Inc. now owns 3,420,744 shares of the corporate’s inventory valued at $132,795,000 after shopping for a further 17,122 shares within the final quarter. Hedge funds and different institutional buyers personal 88.78% of the corporate’s inventory.
Journey + Leisure Buying and selling Up 2.6 %
TNL inventory opened at $43.64 on Friday. The agency has a market cap of $3.66 billion, a PE ratio of 10.59 and a beta of 1.68. The inventory has a 50-day shifting common value of $43.38 and a 200-day shifting common value of $48.33. Journey + Leisure has a 1-year low of $37.67 and a 1-year excessive of $63.19.
Journey + Leisure (NYSE:TNL – Get Ranking) final launched its quarterly earnings information on Thursday, July twenty eighth. The corporate reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.07. The corporate had income of $922.00 million for the quarter, in comparison with analysts’ expectations of $917.86 million. Journey + Leisure had a internet margin of 10.44% and a detrimental return on fairness of 45.70%. The enterprise’s income was up 15.7% on a year-over-year foundation. Throughout the identical quarter within the prior yr, the agency earned $0.88 EPS. On common, analysts forecast that Journey + Leisure will put up 4.57 earnings per share for the present yr.
Journey + Leisure Dividend Announcement
The corporate additionally just lately introduced a quarterly dividend, which shall be paid on Friday, September thirtieth. Shareholders of report on Thursday, September fifteenth shall be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, September 14th. This represents a $1.60 annualized dividend and a dividend yield of three.67%. Journey + Leisure’s dividend payout ratio is at the moment 38.84%.
Journey + Leisure Firm Profile
Journey + Leisure Co, along with its subsidiaries, gives hospitality providers and merchandise in the USA and internationally. The corporate operates in two segments, Trip Possession; and Journey and Membership. The Trip Possession section develops, markets, and sells trip possession pursuits (VOIs) to particular person customers; gives shopper financing in reference to the sale of VOIs; and gives property administration providers at resorts.
Additional Studying
This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
Earlier than you think about Journey + Leisure, you may wish to hear this.
MarketBeat retains monitor of Wall Road’s top-rated and finest performing analysis analysts and the shares they advocate to their purchasers each day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Journey + Leisure wasn’t on the checklist.
Whereas Journey + Leisure at the moment has a “Reasonable Purchase” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.