Royal Caribbean Cruises Ltd. (RCL): Today's Featured Leisure Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Royal Caribbean Cruises fell $0.47 (-1.2%) to $38.50 on average volume. Throughout the day, 1,656,205 shares of Royal Caribbean Cruises exchanged hands as compared to its average daily volume of 1,624,800 shares. The stock ranged in price between $38.31-$38.91 after having opened the day at $38.80 as compared to the previous trading day's close of $38.97. Other companies within the Leisure industry that declined today were:
(
), down 5.2%,
Asia Entertainment & Resources
(
), down 3.0%,
(
), down 2.9% and
(
), down 1.9%.
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. It owns five cruise brands comprising Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisieres de France. Royal Caribbean Cruises has a market cap of $8.5 billion and is part of the services sector. Shares are up 13.7% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Royal Caribbean Cruises a buy, no analysts rate it a sell, and 4 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 revenue growth, good cash flow from operations and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and generally higher debt management risk.
- You can view the full Royal Caribbean Cruises Ratings Report.
On the positive front,
Country Style Cooking Restaurant Chain
(
), up 5.6%,
(
), up 5.2%,
(
), up 4.0% and
(
), up 3.9% , were all gainers within the leisure industry with
(
) being today's featured leisure industry leader.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, 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
(
).
- Find other investment ideas from our top rated ETFs lists.
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