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

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

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 0.5%. By the end of trading, Carnival Corporation rose $0.38 (1.2%) to $32.72 on average volume. Throughout the day, 5,080,744 shares of Carnival Corporation exchanged hands as compared to its average daily volume of 5,017,500 shares. The stock ranged in a price between $32.49-$32.89 after having opened the day at $32.78 as compared to the previous trading day's close of $32.34. Other companies within the Leisure industry that increased today were: Ruth's Hospitality Group ( RUTH), up 3.9%, Chanticleer Holdings ( HOTR), up 3.5%, Empire Resorts ( NYNY), up 3.3% and MakeMyTrip ( MMYT), up 3.0%.
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Carnival Corporation operates as a cruise and vacation company worldwide. The company operates in two segments, North America; and Europe, Australia, and Asia. Carnival Corporation has a market cap of $19.2 billion and is part of the services sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are down 12.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Carnival Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Carnival Corporation as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share.

On the negative front, Cosi ( COSI), down 11.9%, Century Casinos ( CNTY), down 8.1%, Premier Exhibitions ( PRXI), down 6.0% and Jamba ( JMBA), down 3.7% , were all laggards within the leisure industry with Starbucks Corporation ( SBUX) being today's leisure industry laggard.

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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