3 Stocks Underperforming Today In The Leisure Industry
TheStreet highlights 3 stocks pushing the leisure industry lower today.
TheStreet Wire
Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 0 points (0.0%) at 16,493 as of Wednesday, Sept. 9, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,626 issues advancing vs. 1,319 declining with 181 unchanged.
The Leisure industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Ctrip.com International ( CTRP), up 4.2%, Restaurant Brands International ( QSR), up 1.9%, Royal Caribbean Cruises ( RCL), up 1.7% and Melco Crown Entertainment ( MPEL), up 1.4%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3. Dunkin Brands Group ( DNKN) is one of the companies pushing the Leisure industry lower today. As of noon trading, Dunkin Brands Group is down $1.28 (-2.6%) to $48.16 on heavy volume. Thus far, 1.2 million shares of Dunkin Brands Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $48.01-$49.89 after having opened the day at $49.78 as compared to the previous trading day's close of $49.44.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Dunkin' Brands Group, Inc., together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the Dunkin' Donuts and Baskin-Robbins brands worldwide. Dunkin Brands Group has a market cap of $4.7 billion and is part of the services sector. The company has a P/E ratio of 28.7, above the S&P 500 P/E ratio of 24.2. Shares are up 15.9% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Dunkin Brands Group a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates Dunkin Brands Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share and solid stock price performance. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Dunkin Brands Group Ratings Report now.
2. As of noon trading, Marriott International ( MAR) is down $0.39 (-0.5%) to $72.03 on light volume. Thus far, 732,108 shares of Marriott International exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $71.87-$73.16 after having opened the day at $72.70 as compared to the previous trading day's close of $72.42.
Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. It operates through three segments: North American Full-Service, North American Limited-Service, and International. Marriott International has a market cap of $18.6 billion and is part of the services sector. The company has a P/E ratio of 24.0, below the S&P 500 P/E ratio of 24.2. Shares are down 7.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Marriott International a buy, 2 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates Marriott International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Marriott International Ratings Report now.
1. As of noon trading, Chipotle Mexican Grill ( CMG) is down $8.29 (-1.1%) to $723.85 on light volume. Thus far, 148,118 shares of Chipotle Mexican Grill exchanged hands as compared to its average daily volume of 539,200 shares. The stock has ranged in price between $723.00-$736.01 after having opened the day at $734.50 as compared to the previous trading day's close of $732.14.
Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates fast-casual and fresh Mexican food restaurants. As of July 21, 2015, it operated approximately 1,800 restaurants, including 19 Chipotle restaurants and 10 ShopHouse Southeast Asian Kitchen restaurants. Chipotle Mexican Grill has a market cap of $22.4 billion and is part of the services sector. The company has a P/E ratio of 44.0, above the S&P 500 P/E ratio of 24.2. Shares are up 7.0% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Chipotle Mexican Grill a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates Chipotle Mexican Grill as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and solid stock price performance. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Chipotle Mexican Grill Ratings Report now.
If you are interested in one of these 3 stocks, 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).
Midday BellMarketsStocks