Travel + Leisure Co. (TNL, Financial) reported its first-quarter financial results, revealing a revenue of $934 million, surpassing market expectations of $929.9 million. This positive outcome highlights the company's effective execution of its long-term business strategy.
The robust financial performance was largely driven by the strength of its vacation ownership segment. The volume per guest exceeded $3,000, indicating a healthy demand for its offerings. Additionally, the company benefited from increased bookings facilitated by the recently launched Club Wyndham app, which also played a key role in enhancing guest satisfaction levels.
Overall, the company's adjusted EBITDA hit the high end of its guidance range, further emphasizing the success of its strategic initiatives. Travel + Leisure's dedication to improving customer experiences and leveraging digital tools has positioned it well for continued growth in the hospitality sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Travel+Leisure Co (TNL, Financial) is $61.33 with a high estimate of $73.00 and a low estimate of $44.00. The average target implies an upside of 43.84% from the current price of $42.64. More detailed estimate data can be found on the Travel Leisure Co (TNL) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Travel+Leisure Co's (TNL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Travel+Leisure Co (TNL, Financial) in one year is $53.38, suggesting a upside of 25.19% from the current price of $42.64. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Travel Leisure Co (TNL) Summary page.
