Leisure Stocks To Follow Now – August 4th

Airbnb, Carnival, Norwegian Cruise Line, Royal Caribbean Cruises, and Apollo Global Management are the five Leisure stocks to watch today, according to MarketBeat’s stock screener tool. Leisure stocks are equity shares of publicly traded companies that provide travel, hospitality, entertainment and recreational services—such as cruise lines, hotels, casinos, theme parks, airlines and fitness clubs. As a subcategory of consumer-discretionary equities, they tend to be cyclical, with performance closely tied to economic conditions, consumer confidence and levels of disposable income. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

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 $1.79 during trading on Monday, hitting $129.81. 2,454,463 shares of the stock traded hands, compared to its average volume of 5,156,914. The company has a market cap of $81.32 billion, a price-to-earnings ratio of 32.78, a P/E/G ratio of 2.38 and a beta of 1.13. The company has a fifty day moving average price of $135.13 and a two-hundred day moving average price of $131.21. Airbnb has a 52-week low of $99.88 and a 52-week high of $163.93.

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 NYSE:CCL traded up $0.76 during trading on Monday, hitting $29.83. 8,691,200 shares of the stock traded hands, compared to its average volume of 24,374,994. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58. The company has a market cap of $34.83 billion, a price-to-earnings ratio of 16.10, a P/E/G ratio of 0.65 and a beta of 2.70. The company has a fifty day moving average price of $26.72 and a two-hundred day moving average price of $23.56. Carnival has a 52-week low of $13.78 and a 52-week high of $31.01.

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.

NYSE NCLH traded up $0.64 on Monday, hitting $25.14. The company had a trading volume of 8,634,323 shares, compared to its average volume of 14,233,254. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The company’s fifty day moving average price is $20.77 and its 200-day moving average price is $20.90. The company has a market capitalization of $11.23 billion, a PE ratio of 17.33, a PEG ratio of 1.02 and a beta of 2.24. Norwegian Cruise Line has a 12-month low of $14.21 and a 12-month high of $29.29.

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.

RCL traded up $0.78 during midday trading on Monday, hitting $315.03. 666,535 shares of the company traded hands, compared to its average volume of 2,570,443. The company has a market capitalization of $85.57 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 0.88 and a beta of 2.22. The business has a 50 day simple moving average of $302.63 and a two-hundred day simple moving average of $254.09. The company has a current ratio of 0.23, a quick ratio of 0.21 and a debt-to-equity ratio of 1.88. Royal Caribbean Cruises has a 52-week low of $130.08 and a 52-week high of $355.91.

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.

Shares of APO stock traded up $3.14 on Monday, reaching $141.43. 1,443,824 shares of the company were exchanged, compared to its average volume of 3,599,343. The company has a market cap of $80.83 billion, a price-to-earnings ratio of 24.79, a P/E/G ratio of 1.56 and a beta of 1.62. The business has a 50-day moving average price of $140.63 and a 200 day moving average price of $142.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.36 and a current ratio of 1.36. Apollo Global Management has a 1 year low of $95.11 and a 1 year high of $189.49.