Highlights:
- Marriott International's (NASDAQ:MAR) revenue rose 81% YoY in Q1, FY22.
- Booking Holdings Inc. (NASDAQ:BKNG) revenue jumped 136% YoY in Q1, FY22.
- Southwest Airlines Company (NYSE:LUV) reported a revenue of US$4.69 billion in Q1, FY22.
With the earnings season on the track, investors are keeping a close watch on travel stocks. Airfares rose 18.6% month-on-month in April, as per the latest CPI data on Wednesday. Business and vacation have gradually increased as covid fears eased. Here we discuss some of the top travel stocks that could be worth exploring this summer.
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Marriott International (NASDAQ:MAR)
Marriott International is a hotel company that focuses on operating, franchising, and licensing lodging that includes hotel, residential, and timeshare properties. It is based in Bethesda, Maryland.
The shares of the company traded at US$168.37 at 1:58 pm ET on May 11, up 0.17% from their closing price of May 10. Its stock value increased by 2.55% YTD.
The firm has a market cap of US$55.27 billion, a P/E ratio of 37.45, and a forward one-year P/E ratio of 28.49. Its EPS is US$4.51.
The 52-week highest and lowest stock prices were US$195.90 and US$127.23, respectively. Its trading volume was 2,594,670 on May 10.
The company reported a revenue of US$4.19 billion in Q1, FY22, representing an increase of 81% YoY. Its net income came in at US$377 million, or US$1.14 per diluted share, against a loss of US$11 million, or US$0.03 per diluted share in Q1, FY21.
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Booking Holdings Inc. (NASDAQ:BKNG)
Booking Holdings is a travel company that specializes in providing travel and online restaurant reservation services to customers. It is based in Norwalk, Connecticut.
The stock of the company traded at US$2085.51 at 2:05 pm ET on May 11, up 1.98% from its previous closing price. The BKNG stock fell 16.92% YTD.
The market cap of the company is US$84.72 billion, the P/E ratio is 168.74, and the forward one-year P/E ratio is 20.31. Its EPS is US$12.36.
The stock saw the highest price of US$2,715.66 and the lowest price of US$1,796.45 in the last 52 weeks. Its share volume on May 10 was 491,524.
The company's revenue increased by 136% YoY to US$2.7 billion in the first quarter of fiscal 2022. Its net loss came in at US$700 million, or US$17.10 per share, against a loss of US$55 million, or US$1.34 per share in Q1, FY21.
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Airbnb, Inc. (NASDAQ:ABNB)
Airbnb is a vacation rental firm that focuses on operating an online marketplace for lodging, mainly homestays for vacation rentals, and other tourism activities. It is based in San Francisco, California.
The shares of the company traded at US$117.66 at 2:20 pm ET on May 11, up 1.32% from their closing price of May 10. Its stock value decreased by 32.75% YTD.
The firm has a market cap of US$70.72 billion, a P/E ratio of 102.23, and a forward one-year P/E ratio of 61.77. Its EPS is US$1.16.
The 52-week highest and lowest stock prices were US$212.58 and US$113.53, respectively. Its trading volume was 13,638,470 on May 10.
The company reported a revenue of US$1.50 billion in Q1, FY22, as compared to US4886.93 million in the year-ago quarter. Its net loss came in at US$18.79 million, versus a loss of US$1.17 billion in the first quarter of fiscal 2021.
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Delta Air Lines, Inc. (NYSE:DAL)
Delta Air Lines is one of the major airline companies in the US based in Atlanta, Georgia. It provides scheduled air transportation for passengers and cargo in various geographical locations.
The stock of the company traded at US$38.24 at 2:26 pm ET on May 11, down by 1.14% from its previous closing price. The DAL stock declined 4% YTD.
The market cap of the company is US$24.40 billion, the P/E ratio is 48.19, and the forward one-year P/E ratio is 15.53. Its EPS is US$0.79.
The stock saw the highest price of US$48.54 and the lowest price of US$29.75 in the last 52 weeks. Its share volume on May 10 was 13,950,030.
The company's total operating revenue was US$9.34 billion in Q1, FY22, as compared to a revenue of US$4.15 billion in the same quarter of the prior year. Its net loss came in at US$940 million, or US$1.48 per diluted share, as compared to a loss of US$1.17 billion, or US$1.85 per diluted share in the year-ago quarter.
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Southwest Airlines Company (NYSE:LUV)
Southwest Airlines is another leading airline company and is among the major low-cost carriers in the US. It is based in Dallas, Texas.
The shares of the company traded at US$43.49 at 2:42 pm ET on May 11, down 2.47% from their closing price of May 10. Its stock value increased by 1.34% YTD.
The firm has a market cap of US$25.64 billion, a P/E ratio of 46.01, and a forward one-year P/E ratio of 19.30. Its EPS is US$0.94.
The 52-week highest and lowest stock prices were US$63.68 and US$36.75, respectively. Its trading volume was 6,243,696 on May 10.cons
The company's total operating revenue was US$4.69 billion in Q1, FY22, as compared to US$2.05 billion in the same quarter of the previous year. Its net loss was US$278 million, or US$0.47 per diluted share, as compared to an income of US$116 million, or US$0.19 per diluted share in Q1, FY21.
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Bottom line:
The adverse macroeconomic factors and concerns over slow economic growth have forced investors to keep away from risky bets in the stock market. The market is volatile, so investors should exercise due diligence before investing in stocks. The Dow Jones US Travel & Tourism index slumped 28.77% YTD.