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 up 0.2%. By the end of trading, Carnival Corporation fell $0.60 (-1.6%) to $35.97 on average volume. Throughout the day, 4,053,579 shares of Carnival Corporation exchanged hands as compared to its average daily volume of 3,906,500 shares. The stock ranged in price between $35.92-$36.29 after having opened the day at $36.25 as compared to the previous trading day's close of $36.57. Other companies within the Leisure industry that declined today were: SeaWorld Entertainment ( SEAS), down 6.5%, Ignite Restaurant Group ( IRG), down 3.9%, China Lodging Group ( HTHT), down 3.8% and Cosi ( COSI), down 3.1%.

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 $22.2 billion and is part of the services sector. Shares are down 0.5% 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, 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, Century Casinos ( CNTY), up 5.3%, Caesars Entertainment ( CZR), up 4.8%, Bowl America Incorporated ( BWL.A), up 4.2% and Noodles & Co Class A ( NDLS), up 4.0% , were all gainers within the leisure industry with McDonald's Corporation ( MCD) being today's featured leisure industry leader.

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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