Leisure Stocks To Add to Your Watchlist - August 1st

Key Points

• MarketBeat highlights five leisure stocks—Carnival, Royal Caribbean Cruises, Apollo Global Management, Norwegian Cruise Line, and Airbnb—that have seen significant trading volume recently, indicating substantial investor interest.
• Carnival Corp. shares recently traded at $28.82 despite a market cap of $33.65 billion, while Royal Caribbean Cruises had a stock price of $312.81 with a market cap of $84.95 billion.
• Investors are advised to consider these leisure stocks closely as they reflect trends in consumer discretionary spending and tourism recovery post-pandemic.

Carnival, Royal Caribbean Cruises, Apollo Global Management, Norwegian Cruise Line, and Airbnb are the five Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of companies that provide recreational, entertainment and hospitality services—such as hotels, casinos, theme parks, cruise lines, airlines and sporting venues. Because these businesses depend on consumers’ discretionary spending and travel trends, their stock prices tend to be sensitive to broader economic cycles and consumer confidence. Investors use leisure stocks to gain exposure to shifts in tourism, entertainment demand and overall leisure activity. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

Carnival (CCL)

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

NYSE CCL traded down $0.95 during trading on Friday, hitting $28.82. The stock had a trading volume of 17,484,606 shares, compared to its average volume of 24,415,594. The company has a market capitalization of $33.65 billion, a PE ratio of 15.58, a P/E/G ratio of 0.67 and a beta of 2.61. The company's 50-day moving average price is $26.59 and its two-hundred day moving average price is $23.55. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.30 and a current ratio of 0.34. Carnival has a 12 month low of $13.78 and a 12 month high of $31.01.

Read Our Latest Research Report on CCL

Royal Caribbean Cruises (RCL)

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.

NYSE RCL traded down $5.06 during trading on Friday, hitting $312.81. The stock had a trading volume of 1,464,275 shares, compared to its average volume of 2,573,981. The company has a market capitalization of $84.95 billion, a PE ratio of 23.45, a P/E/G ratio of 0.93 and a beta of 2.17. The company's 50-day moving average price is $301.16 and its two-hundred day moving average price is $253.21. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.15 and a current ratio of 0.23. Royal Caribbean Cruises has a 12 month low of $130.08 and a 12 month high of $355.91.

Read Our Latest Research Report on RCL

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

NYSE APO traded down $8.06 during trading on Friday, hitting $137.26. The stock had a trading volume of 2,347,503 shares, compared to its average volume of 3,598,715. The company has a market capitalization of $78.44 billion, a PE ratio of 24.04, a P/E/G ratio of 1.64 and a beta of 1.59. The company's 50-day moving average price is $140.48 and its two-hundred day moving average price is $142.54. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.36 and a current ratio of 1.36. Apollo Global Management has a 12 month low of $95.11 and a 12 month high of $189.49.

Read Our Latest Research Report on APO

Norwegian Cruise Line (NCLH)

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.

NYSE NCLH traded down $1.25 during trading on Friday, hitting $24.32. The stock had a trading volume of 11,649,667 shares, compared to its average volume of 14,207,643. The company has a market capitalization of $10.86 billion, a PE ratio of 14.05, a P/E/G ratio of 0.98 and a beta of 2.13. The company's 50-day moving average price is $20.63 and its two-hundred day moving average price is $20.98. The company has a debt-to-equity ratio of 9.09, a quick ratio of 0.16 and a current ratio of 0.19. Norwegian Cruise Line has a 12 month low of $14.21 and a 12 month high of $29.29.

Read Our Latest Research Report on NCLH

Airbnb (ABNB)

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.

NASDAQ ABNB traded down $4.46 during trading on Friday, hitting $127.95. The stock had a trading volume of 2,092,325 shares, compared to its average volume of 5,155,691. The company has a market capitalization of $80.15 billion, a PE ratio of 32.31, a P/E/G ratio of 2.51 and a beta of 1.13. The company's 50-day moving average price is $135.11 and its two-hundred day moving average price is $131.22. Airbnb has a 12 month low of $99.88 and a 12 month high of $163.93.

Read Our Latest Research Report on ABNB

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