5 big analyst AI moves: Apple lifted to Buy, AI chip bets reassessed
Investing.com - Citizens raised its price target on Travel + Leisure (NYSE:TNL) to $80.00 from $70.00 on Thursday, while maintaining a Market Outperform rating following the company’s third-quarter earnings beat. According to InvestingPro data, the stock is currently trading near its 52-week high with an overall financial health score rated as "GREAT," supported by strong profitability and growth metrics.
Travel + Leisure reported third-quarter EBITDA of $266 million, exceeding both Citizens’ estimate of $257 million and the consensus expectation of $255 million. The company also surpassed the high end of its own guidance range of $250 million to $260 million.
The company’s normalized earnings per share came in at $1.80, beating Citizens’ forecast of $1.67 and the consensus estimate of $1.71. The outperformance was attributed to stronger tour volume, improved sales efficiency, and higher-than-expected travel club and membership transactions.
Based on the strong quarterly performance, Travel + Leisure management raised the midpoint of its 2025 adjusted EBITDA guidance to $975 million from the previous $970 million. The stock rose 15% on Wednesday following the results announcement.
Citizens cited Travel + Leisure’s consistent share repurchase program and improving leverage profile as key factors behind its continued bullish stance, while also highlighting the company’s focus on brand partnership expansion that should accelerate customer volume growth.
In other recent news, Travel + Leisure Co reported its third-quarter earnings for 2025, surpassing market expectations. The company achieved an earnings per share (EPS) of $1.80, exceeding the forecasted $1.74. Additionally, Travel + Leisure Co posted revenue of $1.044 billion, surpassing the anticipated $1.03 billion. These results reflect a strong performance, particularly in the Vacation Ownership segment, which helped counterbalance weaker results in the Travel and Membership division. Following this solid quarter, Goldman Sachs raised its price target for Travel + Leisure to $71 from $61, while maintaining a Neutral rating on the stock. The investment bank noted the company’s "beat and raise" performance as a key factor in their decision. These developments indicate a positive trajectory for Travel + Leisure Co in recent times.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.