Stock

Travel & Leisure

(TNL) – Travel + Leisure Stock Falls On Disappointing FY21 EPS Outlook

By Steven I. Green 4 months ago

Travel + Leisure Co (NYSE: TNL) reported second-quarter FY21 sales growth of 132% year-on-year, to $797 million, beating the analyst consensus of $721.87 million.
Vacation Ownership revenue increased 152% Y/Y to $599 million, while Travel and Membership revenue rose 92% to $204 million.
Operating expenses rose 74.5% Y/Y to $349 million, with total expenses for the quarter at $646 million.
The operating margin was 18.9%, with $151 million in operating income for the quarter.
Net cash provided by operating activities for the six months ended June 30, 2021, rose 123% to $290 million.
Adjusted EBITDA surged to $193 million, with a margin of 24.2%.
Adjusted EPS of $0.88 beat the analyst consensus of $0.74.
“Leisure travel is back in a significant way. All indicators of consumer behavior show that consumers are fulfilling their desire to travel, and we are benefiting from that recovery,” said president and CEO Michael D.

Travel & Leisure

Monarch Casino & Resort Stock Appears To Be Significantly Overvalued

By Steven I. Green 6 months ago

– By GF Value

The stock of Monarch Casino & Resort (NAS:MCRI, 30-year Financials) appears to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus’ estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher. At its current price of $70.7 per share and the market cap of $1.3 billion, Monarch Casino & Resort stock is believed to be significantly overvalued. GF Value for Monarch Casino & Resort is shown in the

Travel & Leisure

Dover Motorsports Stock Appears To Be Modestly Overvalued

By Steven I. Green 7 months ago

TipRanks

3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’

Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a reason, and sometimes that reason is fundamental unsoundness. Fortunately, Wall Streets analysts are busy separating the wheat from the chaff among the market’s low-priced stocks, and some top stock experts have tagged several equities for big gains. We’ve used the TipRanks database to pull up the data and reviews on three stocks that are priced low now, but may be primed for gains. They’ve been getting

Travel & Leisure

Vail Resorts Stock Gives Every Indication Of Being Significantly Overvalued

By Steven I. Green 7 months ago

TipRanks

3 Monster Growth Stocks That Are Still Undervalued

A lackluster jobs report didn’t derail the markets last week. New jobs in April totaled only 266,000, far below the 978K expected, and the official unemployment rate, which had been predicted to come in at 5.8% actually ticked up slightly to 6.1%. Even so, the tech-weighted NASDAQ gained 0.88% in Friday’s session, the broader S&P 500 was up 0.75% at the end of the day. These gains brought the S&P to a new record level, with a year-to-date gain of 13%. The market’s growth so far this year has been broad-based, based as it is on a general economic reopening as the corona panic shrinks in the rear-view mirror. Broad-based market gains create a positive environment for growth stocks. Using the TipRanks database, we’ve pulled up three stocks that fit a profile: a Buy rating from Wall Street, recent share appreciation