Promising Hotel Stocks Worth Watching – May 17th

Booking, Carnival Co. &, and Hilton Worldwide are the three Hotel stocks to watch today, according to MarketBeat’s stock screener tool. Hotel stocks are shares of publicly traded companies that own, operate or franchise lodging properties such as hotels, resorts and motels. Their performance is driven by factors like occupancy rates, average daily room rates and revenue per available room (RevPAR). Because travel demand is cyclical and sensitive to economic conditions, geopolitical events and health crises, hotel stocks can exhibit higher volatility than some other sectors. These companies had the highest dollar trading volume of any Hotel stocks within the last several days.

Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Booking stock traded up $79.33 during trading on Friday, hitting $5,317.07. The stock had a trading volume of 199,930 shares, compared to its average volume of 248,313. The stock’s 50 day moving average is $4,735.30 and its two-hundred day moving average is $4,876.84. Booking has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The stock has a market cap of $173.02 billion, a price-to-earnings ratio of 30.73, a price-to-earnings-growth ratio of 1.71 and a beta of 1.42.

Carnival Co. & (CCL)

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

CCL stock traded up $0.42 during midday trading on Friday, reaching $23.42. 18,633,256 shares of the company’s stock traded hands, compared to its average volume of 26,171,364. The company has a 50-day moving average price of $19.45 and a two-hundred day moving average price of $23.02. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & has a 52 week low of $13.78 and a 52 week high of $28.72. The firm has a market capitalization of $27.32 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 0.73 and a beta of 2.50.

Hilton Worldwide (HLT)

Hilton Worldwide Holdings Inc., a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.

Shares of Hilton Worldwide stock traded up $3.27 during trading on Friday, hitting $255.76. The stock had a trading volume of 1,704,695 shares, compared to its average volume of 1,760,753. The firm has a market cap of $60.79 billion, a price-to-earnings ratio of 41.59, a P/E/G ratio of 2.86 and a beta of 1.23. Hilton Worldwide has a 12 month low of $194.93 and a 12 month high of $275.22. The business’s 50-day moving average is $226.35 and its 200 day moving average is $243.20.