Leisure Stocks To Keep An Eye On - June 24th

Carnival, Royal Caribbean Cruises, Norwegian Cruise Line, Airbnb, and Ambarella are the five Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of publicly traded companies whose primary business is providing travel, hospitality, entertainment or recreation services—think airlines, hotels, cruise lines, theme parks and restaurant chains. Because they depend heavily on consumer discretionary spending and tourism trends, their performance tends to be cyclical and sensitive to broader economic conditions. Investors often include leisure stocks in portfolios to capitalize on travel‐recovery phases and rising consumer confidence. 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 up $1.63 during trading hours on Tuesday, reaching $25.67. 50,385,996 shares of the company were exchanged, compared to its average volume of 25,575,325. The company has a current ratio of 0.26, a quick ratio of 0.21 and a debt-to-equity ratio of 2.78. The stock's 50-day moving average is $21.58 and its 200-day moving average is $22.79. The firm has a market cap of $29.95 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 0.55 and a beta of 2.58. Carnival has a twelve month low of $13.78 and a twelve month high of $28.72.

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.

Shares of NYSE:RCL traded up $5.78 during midday trading on Tuesday, hitting $279.46. The company's stock had a trading volume of 1,083,997 shares, compared to its average volume of 2,292,202. The business's 50 day simple moving average is $241.02 and its 200 day simple moving average is $234.67. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.15 and a current ratio of 0.18. The company has a market cap of $75.89 billion, a P/E ratio of 23.23, a price-to-earnings-growth ratio of 0.81 and a beta of 2.14. Royal Caribbean Cruises has a 12-month low of $130.08 and a 12-month high of $285.25.

Read Our Latest Research Report on RCL

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.

Shares of NYSE:NCLH traded up $0.78 during midday trading on Tuesday, hitting $19.38. The company's stock had a trading volume of 15,128,692 shares, compared to its average volume of 12,765,392. The business's 50 day simple moving average is $17.88 and its 200 day simple moving average is $21.64. The company has a debt-to-equity ratio of 9.09, a quick ratio of 0.16 and a current ratio of 0.19. The company has a market cap of $8.66 billion, a P/E ratio of 11.23, a price-to-earnings-growth ratio of 0.32 and a beta of 2.12. 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.

Shares of NASDAQ:ABNB traded up $1.18 during midday trading on Tuesday, hitting $131.71. The company's stock had a trading volume of 1,962,909 shares, compared to its average volume of 5,014,710. The business's 50 day simple moving average is $128.45 and its 200 day simple moving average is $130.49. The company has a market cap of $82.50 billion, a P/E ratio of 33.24, a price-to-earnings-growth ratio of 2.47 and a beta of 1.14. Airbnb has a 12-month low of $99.88 and a 12-month high of $163.93.

Read Our Latest Research Report on ABNB

Ambarella (AMBA)

Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

Shares of NASDAQ:AMBA traded up $9.86 during midday trading on Tuesday, hitting $61.43. The company's stock had a trading volume of 2,753,694 shares, compared to its average volume of 731,180. The business's 50 day simple moving average is $53.28 and its 200 day simple moving average is $61.93. The company has a market cap of $2.61 billion, a P/E ratio of -24.65 and a beta of 1.99. Ambarella has a 12-month low of $38.86 and a 12-month high of $85.15.

Read Our Latest Research Report on AMBA

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