Top Leisure Stocks To Consider - July 5th

Carnival, Royal Caribbean Cruises, and Airbnb are the three Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of publicly traded companies that operate in the travel, hospitality, entertainment and recreation sectors—such as hotels, cruise lines, theme parks, casinos, cinemas and sports franchises. Because consumer spending on leisure activities is highly sensitive to economic cycles and discretionary income levels, these stocks tend to be more volatile and are often classified as cyclical investments. Investors in leisure stocks closely watch trends in tourism, consumer confidence and seasonal demand. 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.

Shares of Carnival stock traded up $0.31 during trading hours on Friday, reaching $29.96. 20,052,785 shares of the company's stock were exchanged, compared to its average volume of 25,243,257. The company has a 50 day moving average of $23.35 and a two-hundred day moving average of $22.96. Carnival has a fifty-two week low of $13.78 and a fifty-two week high of $30.24. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.58. The stock has a market cap of $34.98 billion, a P/E ratio of 16.19, a P/E/G ratio of 0.66 and a beta of 2.61.

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 up $8.00 during mid-day trading on Friday, hitting $334.10. The stock had a trading volume of 1,440,459 shares, compared to its average volume of 2,353,855. Royal Caribbean Cruises has a twelve month low of $130.08 and a twelve month high of $334.48. The stock has a market cap of $90.73 billion, a price-to-earnings ratio of 27.75, a PEG ratio of 0.99 and a beta of 2.17. The company's 50 day simple moving average is $261.08 and its 200 day simple moving average is $238.89. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.15 and a current ratio of 0.18.

Read Our Latest Research Report on RCL

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.

Airbnb stock traded up $1.11 during trading hours on Friday, hitting $136.50. The company had a trading volume of 2,628,584 shares, compared to its average volume of 5,038,024. The firm has a market cap of $85.50 billion, a PE ratio of 34.47, a PEG ratio of 2.56 and a beta of 1.13. Airbnb has a one year low of $99.88 and a one year high of $163.93. The firm has a 50-day moving average of $131.74 and a 200 day moving average of $130.48.

Read Our Latest Research Report on ABNB