Travel + Leisure CoTNL
Market Cap: $2.98B
About: Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. The majority of the revenue is earned from the United States.
Employees: 19,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
75% more call options, than puts
Call options by funds: $6.59M | Put options by funds: $3.76M
29% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 42
3% more funds holding
Funds holding: 352 [Q1] → 364 (+12) [Q2]
1.77% less ownership
Funds ownership: 86.17% [Q1] → 84.4% (-1.77%) [Q2]
10% less capital invested
Capital invested by funds: $2.99B [Q1] → $2.7B (-$289M) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 130
20% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Truist Securities Patrick Scholes 44% 1-year accuracy 16 / 36 met price target | 41%upside $60 | Buy Maintained | 5 Sept 2024 |
Tigress Financial Ivan Feinseth 63% 1-year accuracy 47 / 75 met price target | 36%upside $58 | Buy Maintained | 29 Jul 2024 |
Deutsche Bank Chris Woronka 18% 1-year accuracy 2 / 11 met price target | 45%upside $62 | Buy Maintained | 25 Jul 2024 |
JP Morgan Joseph Greff 30% 1-year accuracy 6 / 20 met price target | 48%upside $63 | Overweight Maintained | 19 Jul 2024 |
Financial journalist opinion
Based on 5 articles about TNL published over the past 30 days