Carnival Corporation (CCL): 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.

Carnival Corporation ( CCL) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Carnival Corporation fell $0.63 (-1.7%) to $35.89 on average volume. Throughout the day, 3,933,130 shares of Carnival Corporation exchanged hands as compared to its average daily volume of 4,482,600 shares. The stock ranged in price between $35.80-$36.43 after having opened the day at $36.41 as compared to the previous trading day's close of $36.52. Other companies within the Leisure industry that declined today were: Del Frisco's Restaurant Group ( DFRG), down 4.5%, Fiesta Restaurant Group ( FRGI), down 4.4%, MTR Gaming Group ( MNTG), down 4.1% and Renren ( RENN), down 3.6%.

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 $21.7 billion and is part of the services sector. Shares are down 0.7% year to date as of the close of trading on Friday. 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, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share.

On the positive front, Empire Resorts ( NYNY), up 5.7%, PokerTek ( PTEK), up 5.0%, Pinnacle Entertainment ( PNK), up 3.9% and Nevada Gold & Casinos ( UWN), up 3.5%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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