Fintel reports that on July 27, 2023, Barclays maintained coverage of Travel+Leisure (NYSE:TNL) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 32.17% Upside
As of July 6, 2023, the average one-year price target for Travel+Leisure is 51.64. The forecasts range from a low of 35.35 to a high of $70.35. The average price target represents an increase of 32.17% from its latest reported closing price of 39.07.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Travel+Leisure is 3,809MM, an increase of 3.93%. The projected annual non-GAAP EPS is 5.17.
What is the Fund Sentiment?
There are 758 funds or institutions reporting positions in Travel+Leisure. This is a decrease of 4 owner(s) or 0.52% in the last quarter. Average portfolio weight of all funds dedicated to TNL is 0.17%, a decrease of 8.43%. Total shares owned by institutions decreased in the last three months by 5.34% to 76,464K shares. 
The put/call ratio of TNL is 0.64, indicating a bullish outlook.
What are Other Shareholders Doing?
Gmt Capital holds 4,308K shares representing 5.65% ownership of the company. In it's prior filing, the firm reported owning 3,652K shares, representing an increase of 15.24%. The firm increased its portfolio allocation in TNL by 7.94% over the last quarter.
Invesco holds 3,253K shares representing 4.27% ownership of the company. In it's prior filing, the firm reported owning 3,506K shares, representing a decrease of 7.79%. The firm decreased its portfolio allocation in TNL by 91.19% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 2,508K shares representing 3.29% ownership of the company. In it's prior filing, the firm reported owning 2,510K shares, representing a decrease of 0.10%. The firm increased its portfolio allocation in TNL by 2.97% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,280K shares representing 2.99% ownership of the company. In it's prior filing, the firm reported owning 2,342K shares, representing a decrease of 2.71%. The firm decreased its portfolio allocation in TNL by 3.19% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 1,928K shares representing 2.53% ownership of the company. In it's prior filing, the firm reported owning 1,989K shares, representing a decrease of 3.18%. The firm increased its portfolio allocation in TNL by 0.18% over the last quarter.
Travel+Leisure Background Information
(This description is provided by the company.)
Travel + Leisure Co. is the world’s leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 vacation club resort locations across the globe; Panorama, the world’s foremost membership travel business that includes the largest vacation exchange company, industry-leading travel technology, and subscription travel brands; and Travel + Leisure Group, featuring top online and print travel content, online booking platforms and travel clubs, and branded consumer products. At Travel + Leisure Co., our global team of associates brings hospitality to millions, turning vacation inspiration into exceptional travel experiences.
Additional reading:
- Travel + Leisure Co. Reports Second Quarter 2023 Results
- and between Wyndham Vacation Ownership, Inc. d/b/a Travel + Leisure Co. and Amandine Robin-Caplan.
- Travel + Leisure Co. Reports First Quarter 2023 Results and Increases Full Year 2023 Guidance
- Fourth Amendment to Credit Agreement, dated as of March 30, 2023 (incorporated by reference to Exhibit 10.1 to the Registrant’s Form 8-K filed April 4, 2023).
- Travel + Leisure Co. Reports Fourth Quarter and Full-Year 2022 Results and Provides 2023 Outlook
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
