Promising Hotel Stocks To Keep An Eye On - July 13th

Kraft Heinz, Booking, and Carnival are the three Hotel stocks to watch today, according to MarketBeat's stock screener tool. Hotel stocks are shares of publicly traded companies that own, manage or franchise lodging properties such as hotels and resorts. By buying these equities, investors gain exposure to the hospitality sector’s performance, which is driven by factors like travel demand, economic cycles and average daily room rates. Returns on hotel stocks typically come from share-price appreciation and, in some cases, dividend payouts. These companies had the highest dollar trading volume of any Hotel stocks within the last several days.

Kraft Heinz (KHC)

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.

NASDAQ KHC traded up $0.67 on Friday, hitting $27.14. The stock had a trading volume of 52,405,188 shares, compared to its average volume of 10,376,559. The stock has a market cap of $32.12 billion, a price-to-earnings ratio of 12.39, a price-to-earnings-growth ratio of 3.17 and a beta of 0.25. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.31 and a quick ratio of 0.81. Kraft Heinz has a 52-week low of $25.44 and a 52-week high of $36.53. The business's fifty day moving average price is $26.74 and its 200 day moving average price is $28.72.

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Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Shares of BKNG traded down $1.41 during trading hours on Friday, reaching $5,717.10. 150,915 shares of the company traded hands, compared to its average volume of 248,909. The stock has a market capitalization of $186.03 billion, a P/E ratio of 35.57, a P/E/G ratio of 1.76 and a beta of 1.40. Booking has a 12-month low of $3,180.00 and a 12-month high of $5,839.41. The business has a fifty day moving average price of $5,448.04 and a 200-day moving average price of $4,997.90.

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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.

Shares of CCL traded down $0.43 during trading hours on Friday, reaching $28.67. 14,572,616 shares of the company traded hands, compared to its average volume of 25,252,227. The stock has a market capitalization of $33.47 billion, a P/E ratio of 15.50, a P/E/G ratio of 0.63 and a beta of 2.61. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58. Carnival has a 12-month low of $13.78 and a 12-month high of $30.46. The business has a fifty day moving average price of $24.36 and a 200-day moving average price of $23.05.

Read Our Latest Research Report on CCL