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Summary
- United Airlines Holdings (NASDAQ:UAL) plans to introduce over 500 aircraft by 2024. Its stock rose 49% in the past year.
- Booking Holdings Inc.’s (NASDAQ-GS: BKNG) P/E ratio is 127.93. Its share price rose 38.5% in the past 12 months.
- Expeditors International’s (NASDAQ:EXPD) total revenue for FY 2020 increased by 23.74% YoY to US$10.12 billion, while its stock price rose by 65% in the past year.
The travel industry was severely affected in 2020, yet its recovery has been topsy-turvy, keeping with the periodic emergence of Covid-19 mutant variants. Last year, almost all the travel and tourism companies were negatively affected, with their profitability and liquidity positions weakening due to pandemic-related restrictions and high risk from the disease.
People kept their outings to a minimum, and travel and related services were severely hit. However, the industry started picking up with the reopening of the economy, but the ‘Delta’ variant has threatened to wipe out all the gains achieved so far.
We explore here five travel stocks that may provide steady gains in the long term.
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Source: Pixabay
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United Airlines Holdings, Inc. (NASDAQ:UAL) is the world third-largest airline. It is a holding company, and its wholly-owned subsidiary is United Airlines Inc.
Its market capitalization is US$ 17 billion. Its stock price rose by 49% in the past year to US$52.49 at the closing of June 28, 2021.
The company’s total operating revenue for the first quarter ended March 31, 2021, was US$3.22 billion, a 59.6% decrease from the first quarter of 2020. Its net loss was US$1.357 billion in Q1, 2021, compared to US$1.704 in the same period the previous year.
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Its cash and cash equivalent, along with restricted cash, was US$12.92 billion at the end of the first quarter.
UAL's operating revenue for FY 2020 ended in December was US$15.36 billion, 64% lower than FY 2019. It has been earning more revenue constantly from 2016 to 2019 until the pandemic halted the world.
United Airlines today announced the purchase of 200 Boeing and 70 Airbus aircraft. United plans to introduce over 500 aircraft by 2024.
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Booking Holdings Inc. (NASDAQ:BKNG) is the largest online travel agency in sales. It offers services through its six brands, namely Booking.com, Rentalcars.com, Priceline, KAYAK, Agoda, and OpenTable.
Market capital is US$89.8 billion, and the P/E ratio is 127.93.
For the quarter ended March 31, 2021, its total revenue was US$ 1.14 billion compared to US$ 2.29 billion in March quarter 2020. It booked a net loss of US$ 55 million for the same quarter compared to US$ 699 million in the same quarter the previous year.
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Its stock rose 38.5% in the last year. It closed at US$ 2204.55 on June 28, 2021.
Its total revenue for FY 2020 ended on December 31, was US$6.80 billion compared to US$ 15.07 billion in FY 2019, reflecting a 54.9% decrease. Its net income was US$ 59 million in FY 2020 compared to US$4.87 billion in FY 2019.
Source: Pixabay
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C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) is a logistics platform company. It provides logistics solutions and freight transportation services to different industries. It has offices in North and South America, Europe, and Asia pacific.
Market capitalization is US$ 12.56 billion, and the P/E ratio is 21.37.
Its revenue for the quarter ended March 31, 2021, was US$ 4.8 billion, and net income was US$ 173.3 million compared to revenue US$ 3.8 billion and net income of US$ 78.15 million in the same quarter 2020. Its cash and cash equivalent were US$ 217.6 million.
Total revenue consisting of transport and sourcing was US$ 16.2 billion for FY 2020, compared to US$ 15.31 billion in FY 2019.
Its stock price rose US$19% in one year and closed at US$ 94.27 on June 28, 2021.
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Expeditors International of Washington, Inc. (NASDAQ:EXPD) is a logistics service provider company. Its range of services includes air and ocean freight consolidation and forwarding, vendor consolidation, warehousing and distribution, time-definite transportation services, temperature-controlled transit, specialized cargo monitoring and tracking, cargo insurance and supply chain solutions.
Its market capitalization is US$ 21.27 billion, and its P/E ratio is 24.99.
EXPD’s revenue was US$ 3.36 billion, and net earnings attributable to shareholders was US$ 287.22 million for the quarter ended March 31, 2021, compared to US$ 1.9 billion revenue and US$ 122 million net earnings for the same quarter previous year.
The cash and cash equivalent for this quarter were US$ 1.79 billion for the March quarter of 2021.
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Total revenue for FY 2020 was US$10.12 billion, while US$8.18 billion was generated in FY 2019, reflecting a 23.74% increase year over year. EXPD has been increasing its revenue since 2016 constantly, as per data available.
The stock price increased 65% in one year. The stock closed at US$125.77 on June 28.
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TripAdvisor, Inc. Common Stock (NASDAQ:TRIP) is an online travel company to plan and book an excellent trip for travellers through its platform. Its platform provides travel content, price of different travel services and their comparison, online reservation for accommodation, travel experiences and restaurants.
Its market capitalization is US$ 5.48 billion. TripAdvisor was founded in 2000 and headquartered in Needham, Massachusetts.
For the quarter ended March 31, 2021, its revenue was US$ 123 million, and net loss was US$ 80 million compared to US$ 278 million revenue and US$ 16 million net loss in the corresponding quarter, 2020. Its cash and cash equivalent for the period was US$ 674 million compared to US$ 418 million in March quarter 2020.
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The company’s revenue was US$ 604 million in December ended FY 2020 compared to US$ 1,560 million and US$ 1,615 million in FY 2019 & FY 2018, respectively.
TripAdvisor launched its website ‘tripadvisor.com’ in 2020 in the US and 48 other markets in 28 languages globally.
The stock price rose 113% in the past year. It closed at US$40.49 on June 28, 2021.
Please note: The above constitutes a preliminary view and any interest in stocks/cryptocurrencies should be evaluated further from an investment point of view.
