Best Leisure Stocks Worth Watching – June 23rd

Carnival, Royal Caribbean Cruises, and Norwegian Cruise Line are the three Leisure stocks to watch today, according to MarketBeat’s stock screener tool. Leisure stocks are shares of publicly traded companies whose primary business involves travel, hospitality, entertainment and recreation—such as hotels, resorts, cruise lines, theme parks and casinos. They fall within the consumer discretionary sector and tend to be cyclical, with performance closely tied to consumer confidence, spending power and broader economic conditions. 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 $0.73 during trading on Monday, reaching $23.04. 17,815,171 shares of the company’s stock were exchanged, compared to its average volume of 25,373,352. The stock has a market capitalization of $26.87 billion, a P/E ratio of 15.38, a PEG ratio of 0.55 and a beta of 2.58. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.26 and a quick ratio of 0.21. Carnival has a fifty-two week low of $13.78 and a fifty-two week high of $28.72. The business has a 50 day moving average price of $21.45 and a 200-day moving average price of $22.81.

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 down $7.69 during midday trading on Monday, reaching $264.70. The company’s stock had a trading volume of 1,294,253 shares, compared to its average volume of 2,290,296. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.15 and a current ratio of 0.18. Royal Caribbean Cruises has a fifty-two week low of $130.08 and a fifty-two week high of $279.89. The company has a market cap of $71.88 billion, a P/E ratio of 22.03, a P/E/G ratio of 0.81 and a beta of 2.14. The business’s 50 day moving average price is $239.38 and its two-hundred day moving average price is $234.55.

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 NCLH stock traded down $1.31 on Monday, hitting $17.56. 14,906,398 shares of the company’s stock were exchanged, compared to its average volume of 12,690,531. The company has a 50 day moving average of $17.84 and a 200 day moving average of $21.70. The stock has a market cap of $7.84 billion, a P/E ratio of 10.16, 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. The company has a debt-to-equity ratio of 9.09, a current ratio of 0.19 and a quick ratio of 0.16.