3 Stocks Pushing The Leisure Industry Downward
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 44 points (0.3%) at 17,560 as of Monday, March 28, 2016, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,693 issues advancing vs. 1,250 declining with 166 unchanged.
The Leisure industry currently sits up 0.2% versus the S&P 500, which is up 0.2%.
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, Las Vegas Sands is down $0.24 (-0.5%) to $52.23 on light volume. Thus far, 1.5 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $51.24-$52.61 after having opened the day at $52.45 as compared to the previous trading day's close of $52.47.
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Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands has a market cap of $41.7 billion and is part of the services sector. Shares are up 19.7% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Las Vegas Sands a buy, 1 analyst rates it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Las Vegas Sands
TheStreet Recommends
as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and disappointing return on equity. Get the full
Las Vegas Sands Ratings Report
now.
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2. As of noon trading,
(
) is down $1.67 (-1.6%) to $106.02 on average volume. Thus far, 1.2 million shares of Expedia exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $105.65-$108.03 after having opened the day at $107.88 as compared to the previous trading day's close of $107.69.
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Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The company operates through Core OTA, trivago, Egencia, eLong, and HomeAway segments. Expedia has a market cap of $16.2 billion and is part of the services sector. Shares are down 13.4% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts that rate Expedia a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Expedia
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and feeble growth in the company's earnings per share. Get the full
now.
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1. As of noon trading,
(
) is down $23.31 (-1.8%) to $1,277.88 on light volume. Thus far, 198,711 shares of Priceline Group exchanged hands as compared to its average daily volume of 744,000 shares. The stock has ranged in price between $1,271.01-$1,304.71 after having opened the day at $1,301.75 as compared to the previous trading day's close of $1,301.19.
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.
The Priceline Group Inc. provides online travel and restaurant reservation and related services. Priceline Group has a market cap of $64.6 billion and is part of the services sector. Shares are up 2.1% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts that rate Priceline Group a buy, no analysts rate it a sell, and 7 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 solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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
(
).
