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 up 2.2%. By the end of trading, Carnival Corporation rose 50 cents (1.5%) to $34.24 on average volume. Throughout the day, 3.9 million shares of Carnival Corporation exchanged hands as compared to its average daily volume of 4.7 million shares. The stock ranged in a price between $34.19-$34.70 after having opened the day at $34.70 as compared to the previous trading day's close of $33.74. Other companies within the Leisure industry that increased today were: Multimedia Games ( MGAM), up 7.1%, Marriott Vacations Worldwide ( VAC), up 6.9%, Carrols Restaurant Group ( TAST), up 6.8%, and Bluegreen Corporation ( BXG), up 6%.

Carnival Corporation operates as a cruise and vacation company worldwide. Carnival Corporation has a market cap of $20.12 billion and is part of the services sector. The company has a P/E ratio of 15.4, below the average leisure industry P/E ratio of 23.6 and below the S&P 500 P/E ratio of 17.7. Shares are up 3.4% year to date as of the close of trading on Thursday. 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.

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).
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