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Tag: LIND

  • The Three Top Cruise Line Stocks to Watch For in 2021

    The Three Top Cruise Line Stocks to Watch For in 2021

    Cruise Line will have its time in the future. For now, let’s watch out for the best in the market.

    The cruise line industry has much to prove as the market has still enough potential. However, the bears are roaming around, as the pandemic seems to prolong. The fact that travel stocks, in general, have been bad bets for investors last year. It wouldn’t be fair enough to rule out that there were some notable performers from the industry, which kept up their progress.

    The cruise line companies operate across the globe and are part of various destinations, offering a variety of itineraries and themed cruises. People use to spend vacations and have parties and enjoy their time out. We might see the demand for such functions increase in the coming time, with the overall situation calming down. Let’s see the three top cruise line stocks to watch for in 2021.

    Norwegian Cruise Line (NCLH)

    Norwegian Cruise Line (NCLH) is the third largest cruise line company in the world by passengers. NCLH stock has been on a roll since October last year. Overall, the company has been on the downward side, with a sequential-quarter increase in debts.

    The CFO of NCLH, Mark A. Kempa during the Q3 report noted that they are positioning the company to overcome the pandemic hurdles and clear its way for long-term financial recovery. Kempa added that they are working on reducing its cost and adapt a strategy to enhance its liquidity profile.

    The company intends to relaunch its vessels and over the longer run, optimize its balance sheet and keep things to move as they were post-pandemic. So, Norwegian being one of the biggest giants in the industry must be in your sight for a potential investment in the long-term.

    Lindblad Expeditions (LIND)

    Lindblad Expeditions (LIND) owns and operates cruise ships. The Company provides cruising and adventure travel to its customers. The company has been working with guests to amend travel plans and refund payments—following the circumstances.

    Lindblad’s ships are working with minimum crew on-board to ensure that the COVID-19 SOPs are being followed. During the past year, the company has focused to gather funds to ensure that they on keep on running smoothly during these stuff times.

    In mid-2020, the company announced that it raised $85 millionthrough private placement issuance of convertible preferred equity to prominent investors. This capital raise is expected to support LIND’s liquidity needs through this year, even if the global pandemic once again causes lockdown.

    Moreover, during Q3 2020, the company reported that it has implemented significant cost reduction strategies. So, investors must keep LIND in their investment book.

    World Fuel Services (INT)

    World Fuel Services (INT) is one of the leading firms that operate across three different segments which include aviation, land, and marine-centered businesses.  INT is part of the Fortune 100 companies.

    INT’s marine business has massively impacted by the pandemic but it has much potential to bounce back. The company has different partners other than cruise lines within its marine sector.

    For investors, the earnings growth rate of the company is 2.5%. The company’s anticipated EPS for this year subject to an increase by a whopping 59.1%. This compares to the industry average EPS growth of 58.5%, as per Zacks. So, INT is another key bet that could be beneficial in the long-term.

  • 9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    The travel industry is the largest industry in the world and in today’s modern age this is the most important industry. The present-day global traveling industry is facing multiple challenges. To gain a competitive edge, the travel industry should focus on the new tech trends and provides its customers with a perfect and unique traveling experience.

    People value the unique experiences they get so the top priority of the travel industry is to focus on the customer’s priorities. Travelers are usually most concerned about budget. They preferred those companies that provide the best services at a low cost. As the travel industry is continuously adopting new trends and improve their offerings, people are more encouraged to travel more.

    Here are the top 9 leading companies in the travel industry which are following new trends:

    Carnival Corporation & plc (NYSE: CCL)

    Carnival Corporation & plc (NYSE: CCL) shares were trading down -6.66% at $14.29 at the time of writing on Monday. Carnival Corporation & plc (NYSE: CCL) share price went from a low point around $7.80 to briefly over $51.94 in the past 52 weeks, though shares have since pulled back to $14.29. CCL market cap has remained high, hitting $12.57B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Carnival Corporation & Plc’s CCL Princess Cruises recently disclosed the sale of two of its ships including Sun Princess and Sea Princess. However, the company has not revealed the name of the buyer.
    If we look at the recent analyst rating CCL, HSBC Securities downgraded coverage on CCL shares with a Hold rating and a $15.65 price target, which implies room for 1.36% upside momentum this year.

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) last closed at $14.99, in a 52-week range of $7.03 to $59.78. Analysts have a consensus price target of $16.96. Norwegian Cruise Line Holdings Ltd. (NCLH) has marked the passing of its founders, Knut Kloster, at the age of 91 on Sept. 20, 2020. In his honor the Company will dedicate a section of its yet-to-open terminal at PortMiami in Miami, Fla. and introduce an annual team member recognition award in memory of his humanitarian, environmentalist, and innovative spirit.

    Royal Caribbean Group (NYSE: RCL)

    Royal Caribbean Group (NYSE: RCL) stock drop by -7.24% to $60.71. The most recent rating by SunTrust, on July 14, 2020, is at a Hold. Royal Caribbean Group (RCL) has earlier set a panel which has submitted a report to the U.S. Centers for Disease Control and Prevention (CDC) detailing health and safety protocols. The Royal Caribbean is expecting to set sail again after a long halt due to the COVID-19 pandemic.

    TripAdvisor Inc. (NASDAQ: TRIP)

    TripAdvisor Inc. (NASDAQ: TRIP) shares headed falling, lower as much as -6.17%. The most recent rating by BTIG Research, on June 11, 2020, is at a Neutral. TripAdvisor Inc. has launched Tripadvisor Navigator which is a proprietary first-party data platform delivering audience targeting, insights, and performance reporting. This company has a total market capitalization of $2.66 billion at the time of writing.

    Expedia Group Inc. (NASDAQ: EXPE)

    Expedia Group Inc. (NASDAQ: EXPE) fall -2.68% after losing more than -$2.51 on Monday. Expedia Group Inc. (EXPE) has launched the new versions of the Brand Expedia, Hotwire and Vrbo iOS apps to take advantage of the capabilities available in iOS 14. The features will unlock new ways to view the latest travel deals with Hotwire, and easily access upcoming reservation details booked through Brand Expedia and Vrbo.

    Travelzoo (NASDAQ: TZOO)

    Travelzoo (NASDAQ: TZOO) last closed at $6.38, in a 52-week range of $3.04 to $12.40. Analysts have a consensus price target of $11.25. Travelzoo (TZOO) has moved up 110.18% from its 52-weeks low and moved down -48.45% from its 52-weeks high. This company market capitalization has remained high, hitting $76.62 million at the time of writing.

    Booking Holdings Inc. (NASDAQ: BKNG)

    Booking Holdings Inc. (NASDAQ: BKNG) stock drop by -4.61% to $1652.39. The most recent rating by JMP Securities, on August 10, 2020, is at an Mkt outperform. Booking Holdings Inc. (BKNG) share price went from a low point around $1107.29 to briefly over $2094.00 in the past 52 weeks, though shares have since pulled back to $1640.37. Booking Holdings Inc. market cap has remained high, hitting $69.81 B at the time of writing,

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND)

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND) shares headed falling, lower as much as -8.55%. The most recent rating by Sidoti, on April 13, 2020, is at a Neutral. Lindblad Expeditions Holdings Inc. (LIND) share price went from a low point around $3.01 to briefly over $18.34 in the past 52 weeks, though shares have since pulled back to $9.28. Lindblad Expeditions Holdings Inc.’s market cap has remained high, hitting $472.39 Million at the time of writing.

    Monaker Group Inc. (NASDAQ: MKGI)

    Monaker Group Inc. (NASDAQ: MKGI) fall -4.31% after losing more than -$0.1 on Monday. Monaker Group Inc. (MKGI) shares have fluctuated between the low range of $0.61 and a high range of $3.35 in the past 52-weeks. This company market cap has remained high, hitting $31.68 million.