Will these five travel stocks weather the Covid-19 threat in 2022?

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Will these five travel stocks weather the Covid-19 threat in 2022?

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 Will these five travel stocks weather the Covid-19 threat in 2022?
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Highlights

  • Marriott International (NASDAQ: MAR) logged revenue of US$3.94 billion in Q3, FY21.

  • American Airlines Group Inc. (NASDAQ: AAL) CEO Doug Parker will retire in March 2022.

  • The revenue of Expedia Group, Inc. (NASDAQ: EXPE) jumped 97% YoY in Q3, FY21.

Travel stocks have been in focus this year because of the Covid-19 pandemic, which dealt a severe blow to the industry. Additionally, the pandemic restrictions have been a major impediment towards recovery. Experts hope the sector will be on the path of recovery as the pandemic concerns disappear. However, the Omicron outbreak has renewed the concerns.

Here we discuss five travel stocks that might be worth watching in 2022.

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Marriott International (NASDAQ: MAR)

Marriott International is a Bethesda, Maryland-based hotel chain. It also runs franchisee hotels and residential properties.

The shares of the company traded at US$158.57 at 1:35 pm ET on December 7, up 1.19% from their closing price of December 6. Its stock value increased by 25.59% YTD.

The firm has a market cap of US$51.46 billion, a P/E ratio of 111.28, and a forward P/E one year of 53.30. Its EPS is US$1.42. The 52-week highest and lowest stock prices were US$171.68 and US$115.50, respectively. Its trading volume was 2,421,826 on December 6.

The company's revenue was US$3.94 billion in Q3, FY21, compared to US$2.25 billion in the same quarter of the previous year. Its net income came in at US$220 million, versus US$100 million in Q3, FY20.

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Travel stocks: MAR, AAL, UAL, RCL, EXPE

American Airlines Group Inc. (NASDAQ: AAL)

American Airlines is one of the major airlines based in Fort Worth, Texas. It offers scheduled travel services to passengers. The stock of the company was priced at US$18.11 at 1:40 pm ET on December 7, up 1% from its previous closing price. The AAL stock rose 18.51% YTD.

The market cap of the company is US$11.71 billion, and the forward P/E one year is -2.07. Its EPS is US$-5.50. The stock saw the highest price of US$26.09 and the lowest price of US$14.71 in the last 52 weeks. Its share volume on December 6 was 74,005,550.

The firm announced on Tuesday that its CEO Doug Parker will retire on March 31, 2022, and Robert Isom, current president of AAL, will succeed him.

The company's total revenue was US$8.96 billion in Q3, FY21, compared to US$3.17 billion in the year-ago quarter. Its net income came in at US$169 million against a loss of US$2.39 billion in Q3, FY20.

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United Airlines Holdings, Inc. (NASDAQ: UAL)

United Airlines is an American airline company based in Chicago, Illinois. It provides domestic and international flight services.

The shares of the company traded at US$44.22 at 1:47 pm ET on December 7, up 0.52% from their closing price of December 6. Its stock value increased by 5.67% YTD. The firm has a market cap of US$14.27 billion, and a forward P/E one year of -3.05. Its EPS is US$-10.58.

The 52-week highest and lowest stock prices were US$63.70 and US$38.88, respectively. Its trading volume was 27,543,840 on December 6.

The total operating revenue of the firm was US$7.75 billion in Q3, FY21, compared to US$2.48 billion in the previous year's third quarter. Its net income came in at US$473 million, against a loss of US$1.84 billion in Q3, FY20.

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Royal Caribbean Cruises Ltd. (NYSE: RCL)

Royal Caribbean Cruises is a global cruise holding firm and is one of the leading cruise line operators in the world. It is based in Miami, Florida.

The stock of the company was priced at US$73.66 at 1:52 pm ET on December 7, up 1.95% from its previous closing price. The RCL stock ticked up 2.16% YTD. The market cap of the company is US$18.62 billion, and the forward P/E one year is -3.98. Its EPS is US$-21.63.

The stock saw the highest price of US$99.24 and the lowest price of US$64.20 in the last 52 weeks. Its share volume on December 6 was 8,184,819.

The total revenue of the firm was US$456.95 million in Q3, FY21, against a loss of US$33.68 million in the same quarter of the previous year. It reported a net loss of US$1.42 billion versus a loss of US$1.33 billion in Q3, FY20.

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Travel stocks to explore in 2022

Source: Pixabay

Expedia Group, Inc. (NASDAQ: EXPE)

Expedia Group is an online travel booking firm based in Seattle, Washington.

The shares of the company traded at US$167.665 at 1:57 pm ET on December 7, up 0.96% from their closing price of December 6. Its stock value increased by 26.41% YTD. The firm has a market cap of US$25.36 billion, and a forward P/E one year of -240.68. Its EPS is US$-6.82.

The 52-week highest and lowest stock prices were US$191.85 and US$118.30, respectively. Its trading volume was 3,065,248 on December 6.

The company's revenue jumped 97% YoY to US$2.96 billion in Q3, FY21. Its net income attributable to common stockholders came in at US$362 million, versus a loss of US$221 million in Q3, FY20.

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Bottomline

The travel sector has made a modest recovery from covid interruptions over the past few months. But the Omicron variant's emergence might derail the gains made so far.

However, White House chief medical advisor Anthony Fauci's recent comments that Omicron might not be severe offer some comfort.

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