Promising Leisure Stocks To Follow Now – July 18th

Carnival, Royal Caribbean Cruises, and Apollo Global Management are the three Leisure stocks to watch today, according to MarketBeat’s stock screener tool. Leisure stocks are shares of companies whose primary business involves travel, recreation or entertainment—examples include theme parks, resorts, casinos, cruise lines, airlines and sports franchises. They fall under the consumer discretionary sector and tend to be sensitive to economic cycles and consumer confidence. In periods of strong disposable income and optimism, leisure stocks often outperform, while they generally underperform during downturns. 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.

CCL traded up $0.12 during trading on Friday, hitting $29.57. The stock had a trading volume of 8,673,416 shares, compared to its average volume of 25,032,643. 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 twelve month low of $13.78 and a twelve month high of $30.46. The firm has a market capitalization of $34.51 billion, a P/E ratio of 15.97, a PEG ratio of 0.64 and a beta of 2.61. The company’s 50-day moving average price is $25.11 and its 200 day moving average price is $23.17.

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 $2.73 during trading hours on Friday, reaching $351.24. The company’s stock had a trading volume of 619,413 shares, compared to its average volume of 2,350,018. The stock has a market cap of $95.38 billion, a PE ratio of 29.17, a PEG ratio of 1.01 and a beta of 2.17. 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’s 50-day moving average is $281.66 and its two-hundred day moving average is $245.25. Royal Caribbean Cruises has a fifty-two week low of $130.08 and a fifty-two week high of $352.45.

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 $3.67 during trading hours on Friday, hitting $152.39. The stock had a trading volume of 1,269,101 shares, compared to its average volume of 3,950,064. Apollo Global Management has a 1-year low of $95.11 and a 1-year high of $189.49. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.34. The company has a market cap of $87.09 billion, a PE ratio of 26.71, a price-to-earnings-growth ratio of 1.72 and a beta of 1.59. The business has a 50 day simple moving average of $138.57 and a two-hundred day simple moving average of $143.49.