Hotel Stocks To Watch Now - March 3rd
Today, three notable hotel stocks to monitor are Booking, Keurig Dr Pepper, and Las Vegas Sands. These companies have shown the highest dollar trading volume recently, according to stock analysis tools. Investing in hotel stocks provides exposure to the hospitality sector, with their performance often swayed by factors like tourism patterns, economic conditions, and travelers' spending habits.
Booking (BKNG)
Booking Holdings Inc, previously known as The Priceline Group Inc, offers online travel booking and restaurant reservation services. Through its online platforms, the company links travelers with a multitude of accommodation options including hotels, vacation rentals, and hostels around the globe.
On Monday, BKNG’s share price rose by $2.06, bringing it to $5,018.07. The trading volume for the day was 90,584 shares, below its average of 270,734. Over the past year, the stock's lowest point was $3,180.00 and its peak reached $5,337.24. With a market capitalization of $164.67 billion, BKNG has a P/E ratio of 29.04, a PEG ratio of 1.71, and a beta of 1.39. The stock has a 50-day simple moving average of $4,898.79 and a 200-day moving average of $4,622.49.
Keurig Dr Pepper (KDP)
Keurig Dr Pepper Inc. produces and distributes a broad range of beverages and single-serve brewing systems both domestically and internationally. The company operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International.
During trading on Monday, KDP’s stock increased by $0.77, reaching $34.29. A total of 7,226,681 shares changed hands, compared to the average volume of 9,110,685. The company holds a market cap of $46.52 billion, a P/E ratio of 20.74, and a P/E/G ratio of 2.42. KDP has a current ratio of 0.53, a quick ratio of 0.36, and a debt-to-equity ratio of 0.50. Its stock has traded between $28.62 and $38.28 over the past year, with a 50-day simple moving average of $31.93 and a 200-day average of $33.91.
Las Vegas Sands (LVS)
Las Vegas Sands Corp. is involved in the development, ownership, and operation of integrated resorts, with properties in Macao and Singapore. Its portfolio includes well-known establishments such as The Venetian Macao Resort Hotel and Marina Bay Sands.
On Monday, LVS shares rose by $1.13 to reach $45.84, with trading volume at 4,077,886 shares compared to an average of 5,703,009. The company's market cap stands at $32.81 billion, with a price-to-earnings ratio of 23.30 and a P/E/G ratio of 1.41. The stock shows a beta of 1.08 and has a current ratio of 0.74 along with a debt-to-equity ratio of 3.35. Over the last twelve months, LVS has seen a low of $36.62 and a high of $56.60, with a 50-day moving average of $45.98 and a 200-day average of $47.36.
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