3 Stocks Dragging The Leisure Industry Downward
One out of the three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 25 points (0.1%) at 17,526 as of Monday, May 23, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,545 issues advancing vs. 1,371 declining with 153 unchanged.
The Leisure industry currently sits up 0.3% versus the S&P 500, which is down 0.1%. A company within the industry that increased today was
(
), up 1.4%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
(
) is one of the companies pushing the Leisure industry lower today. As of noon trading, Ctrip.com International is down $0.83 (-1.9%) to $42.56 on average volume. Thus far, 2.1 million shares of Ctrip.com International exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $42.18-$43.47 after having opened the day at $43.47 as compared to the previous trading day's close of $43.39.
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Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the People's Republic of China. Ctrip.com International has a market cap of $16.2 billion and is part of the services sector. Shares are down 6.3% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate Ctrip.com International a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Ctrip.com International
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
Ctrip.com International Ratings Report
now.
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2. As of noon trading,
(
) is down $0.48 (-0.6%) to $78.42 on light volume. Thus far, 634,274 shares of Royal Caribbean Cruises exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $78.13-$79.42 after having opened the day at $79.04 as compared to the previous trading day's close of $78.90.
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Royal Caribbean Cruises Ltd. operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France, and TUI Cruises brand names. Royal Caribbean Cruises has a market cap of $16.5 billion and is part of the services sector. Shares are down 22.0% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate Royal Caribbean Cruises a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Royal Caribbean Cruises
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Royal Caribbean Cruises Ratings Report
now.
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1. As of noon trading,
(
) is down $10.26 (-0.8%) to $1,239.03 on light volume. Thus far, 144,220 shares of Priceline Group exchanged hands as compared to its average daily volume of 549,000 shares. The stock has ranged in price between $1,237.16-$1,253.92 after having opened the day at $1,248.90 as compared to the previous trading day's close of $1,249.29.
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The Priceline Group Inc. provides online travel and restaurant reservation and related services. Priceline Group has a market cap of $62.1 billion and is part of the services sector. Shares are down 2.0% year-to-date as of the close of trading on Friday. Currently there are 13 analysts that rate Priceline Group a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Priceline Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
Priceline Group Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
PowerShares Dynamic Leisure&Entert
(
) while those bearish on the leisure industry could consider
ProShares Ultra Sht Consumer Services
(
).
