TH, ARCO, BDL, BOL & PLYA

The travel industry has faced strong headwinds over the past two years. Shares of Airbnb, Inc. (ABNB), Walt Disney Co (DIS), Booking Holdings Inc (BKNG) and other companies suffered steep losses. However, the sector expects to see more activity as pandemic restrictions ease. Analysts expect the situation to normalize later this year after widespread industry disruptions over the past two years.

Here we discuss five travel stocks that have delivered positive returns in one year.

Target Hospitality Corp. (NASDAQ:TH)

Closing price on May 23, 2022: US$5.94

Target Hospitality Corp, based in Houston, Texas, is a vertically integrated hospitality and rental specialty services company. It provides hospitality services, such as catering, housekeeping, grounds maintenance, on-site security, and workforce housing management.

For the three months ended March 31, 2022, it generated revenue of US$80.34 million, an increase of 77% year-over-year, compared to US$45.49 million in the same quarter a year ago .

Its net income was $0.494 million or $0.01 per diluted share compared to net loss of $13.16 million or $0.14 per diluted share in the March quarter of the prior year. .

The stock has a market cap of US$548.6 million. Its P/E ratio is 56.6 and the forward P/E for one year is 59.4.

The stock has traded between US$7.68 and US$2.64 over the past 52 weeks.

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Arcos Dorados Holdings Inc. (NYSE: ARCO)

Closing price on May 23, 2022: US$7.49

Arcos Dorados Holdings Inc operates McDonald’s brand restaurants in approximately 20 countries and territories. The Montevideo, Uruguay-based company manages company-operated restaurants and franchise restaurants.

For the three months ended March 31, 2022, the company reported consolidated revenue of US$790.6 million, compared to US$561.1 million a year earlier.

Net income attributable to the company was $24.5 million or $0.12 per share, compared to a net loss of $29.7 million or $0.14 per share in the March 2021 quarter.

The stock has a market capitalization of US$1.56 billion. Its P/E ratio is 15.47, and the one-year forward P/E is 18.73. The stock has a dividend yield of 2.12%, with an annualized dividend of $0.16.

The stock has traded between US$8.44 and US$4.33 over the past 52 weeks.

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Bowlero Corp. (NYSE: BOWL)

Closing price on May 23, 2022: US$10.79

Bowlero Corp, based in New York, is a media company. It also operates bowling centers and provides a bowling, dining and nightlife experience.

For the quarter ended March 27, 2022, its revenue was US$257.8 million, compared to US$112.2 million in the same quarter a year ago.

It incurred a net loss of US$20.8 million or US$0.13 per diluted share attributable to common shareholders, compared to a net loss of US$25.10 million or US$0.17 per diluted share in during the March 2021 quarter.

On May 23, he announced plans to purchase three bowling centers in Kansas, including The Alley Indoor Entertainment and West Acres Bowling Center.

The stock has a market cap of US$1.63 billion. It has a one-year forward PER of 7.49. The stock traded between US$13.09 and US$6.96 in one year.

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Flanigan Enterprises, Inc. (AMEX: BDL)

Closing price on May 23, 2022: US$35.01

Flanigan’s Enterprises operates a chain of cocktail lounges and liquor stores in Florida. It operates in two segments: restaurant and package store segment. Based in Fort Lauderdale, Florida, the company offers beverages, foodservice, liquor and related items.

For the quarter ended April 2, 2022, the company reported revenue of US$40.33 million, compared to US$34.36 million in the same quarter a year earlier.

The company’s net income was $1.34 million or $0.89 per diluted share, compared with $5.69 million or $1.32 per diluted share in the corresponding quarter a year ago.

The stock has a market capitalization of US$65.6 million. Its P/E ratio is 5.22. BDL stock has a dividend yield of 2.76%, with an annualized dividend of $1.0.

The stock has traded between US$47.85 and US$22.28 over the past 52 weeks.

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Five travel stocks to watch in June: TH, ARCO, BDL, BOWL and PLYA© Viyadadreamstime13 | Megapixl.com

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Playa Hotels & Resorts NV (NASDAQ:PLYA)

Closing price on May 23, 2022: US$8.05

Playa Hotels & Resorts NV, based in Fairfax, Virginia, owns, operates and develops hotel resorts in seaside vacation destinations.

The company reported revenue of $219.6 million in the March 2022 quarter, compared to $77.75 million in the same quarter a year ago. The company’s net income was $42.75 million or $0.26 per diluted share compared to net loss of $69.75 million or $0.43 per diluted share in the March quarter 2021.

The stock has a market cap of US$1.24 billion. Its P/E ratio is 57.31, and the one-year forward P/E is 25.16.

The stock has traded between US$9.81 and US$6.13 over the past 52 weeks.

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At the end of the line :

The travel industry is expected to experience sustained activity this year compared to last year. However, this year the stock market has been volatile due to various macroeconomic and geopolitical factors. Therefore, investors should carefully analyze stocks before investing in them.

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