Priceline.com Inc. (PCLN): Today's Featured Leisure Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Priceline.com ( PCLN) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day down 1.3%. By the end of trading, Priceline.com fell $15.27 (-2.2%) to $688.20 on average volume. Throughout the day, 557,979 shares of Priceline.com exchanged hands as compared to its average daily volume of 573,200 shares. The stock ranged in price between $687.64-$707.57 after having opened the day at $705.21 as compared to the previous trading day's close of $703.47. Other companies within the Leisure industry that declined today were: Town Sports International Holdings ( CLUB), down 13.1%, BJ's Restaurants ( BJRI), down 7.6%, China Lodging Group ( HTHT), down 7.4%, and Red Robin Gourmet Burgers ( RRGB), down 6.4%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

priceline.com Incorporated, together with its subsidiaries, operates as an online travel company. Priceline.com has a market cap of $35.02 billion and is part of the services sector. The company has a P/E ratio of 26.6, above the S&P 500 P/E ratio of 17.7. Shares are up 13.2% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Priceline.com a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Priceline.com as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

PayPal CEO Reveals How Silicon Valley Could Repair Its Broken Culture

PayPal CEO Explains How to Create a Great Board in Silicon Valley

Stormy Skies Make for Good Travel Buys

Stormy Skies Make for Good Travel Buys

Travel Stocks Face a Rough Journey