Carnival Corporation (CCL): Today's Featured Leisure Winner

Carnival Corporation ( CCL) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 1.6%. By the end of trading, Carnival Corporation rose 17 cents (0.5%) to $31.63 on light volume. Throughout the day, four million shares of Carnival Corporation exchanged hands as compared to its average daily volume of 5.4 million shares. The stock ranged in a price between $31.09-$31.70 after having opened the day at $31.14 as compared to the previous trading day's close of $31.46. Other companies within the Leisure industry that increased today were: Lakes Entertainment ( LACO), up 13.4%, Dover Downs Gaming & Entertainment ( DDE), up 3.2%, Cosi ( COSI), up 2.4%, and Carrols Restaurant Group ( TAST), up 2.1%.

Carnival Corporation operates as a cruise and vacation company worldwide. Carnival Corporation has a market cap of $18.7 billion and is part of the services sector. The company has a P/E ratio of 15.3, below the average leisure industry P/E ratio of 19.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 3.6% year to date as of the close of trading on Friday. Currently there are eight analysts that rate Carnival Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Carnival Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Melco Crown Entertainment ( MPEL), down 9.6%, PokerTek ( PTEK), down 8.9%, Caribou Coffee Company ( CBOU), down 7.8%, and Granite City Food & Brewery ( GCFB), down 6.8%, were all losers within the leisure industry with McDonald's Corporation ( MCD) being today's leisure industry loser.

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 ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

If you liked this article you might like

Analysts Wrong on iPhone; Retail Not Going Away: Best of Cramer

S&P, Dow Close at Record Highs, Brushing Off Geopolitical Concerns

Stocks Shake Off North Korea and London to Stay in Record Territory

Carnival Will Have Massive Cruise Ships Using Liquefied Natural Gas by 2018

Jim Cramer on North Korea, Equifax, Alphabet, Oracle, Nvidia and Southwest Air