Travel + Leisure Co. (TNL)
NYSEConsumer DiscretionaryTravel ServicesSnapshot 2026-10-29
NYSEConsumer DiscretionaryTravel ServicesSnapshot 2026-10-29
Research Workspace
Put TNL beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Consumer Discretionary is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 5% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 14%.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskMostly healthy — no soft spokes
TNL’s case rests on steady travel earnings growth, supported by rising revenue and recently raised guidance. Revenue growth increased from 3% to 5%, and Q3 earnings beat estimates. TNL trades at 10× P/E versus a 23× peer median, near its 10× historical multiple. The price reflects less growth than our forecast, despite the peer discount. A 28% next-quarter miss probability and any guidance reversal threaten that case. Peer multiples imply a price about 63% above where it trades; our read remains intact. This read is provisional.
Trailing returns as of 2026-10-29. TNL is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 13 analysts currently covering TNL (as of Oct 2026).
Based on 8 Wall Street analysts offering 12-month price targets for TNL in the last 4 months.
Continue this research
Compare TNL with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| TNL Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Hotels, Resorts & Cruise Lines — fair value, gap to price, and forward P/E.
Compare the value case
Put TNL next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Raised 2026 sales and EBITDA outlook signals stronger operating performance as acquisitions integrate.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $71.49
The last 12 months of price, then the range of analyst 12-month targets from today’s $71.49.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Reported 23% earnings growth and resort openings support operating performance and expansion.

Q3 estimate beat and raised guidance improve the operating outlook, supporting the intact thesis.

Advances: Issue Senior Secured Notes to Refinance Debt
Leverage improvement supports debt refinancing efforts.

Advances: Expand Multi-Brand Strategy
Management's presentation supports multi-brand strategy growth.
Upgrade indicates positive market sentiment and valuation.
Advances: Expand Multi-Brand Strategy
Expansion and debt issuance align with growth objectives.