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Best Travel Stocks to Buy Now (2024)
Top travel stocks in 2024 ranked by overall Zen Score. See the best travel stocks to buy now, according to analyst forecasts for the travel services industry.

Industry: Travel Services
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
ABNB
AIRBNB INC
NASDAQ
Travel Services
$86.48B$134.790.29%$2.40B17.85x2.29
MMYT
MAKEMYTRIP LTD
NASDAQ
Travel Services
$11.71B$104.503.48%N/A52.78x0.51
TCOM
TRIPCOM GROUP LTD
NASDAQ
Travel Services
$41.74B$63.64-2.14%N/A21.11x0.89
TRIP
TRIPADVISOR INC
NASDAQ
Travel Services
$2.04B$14.751.72%$249.00M86.76x2.24
NCLH
NORWEGIAN CRUISE LINE HOLDINGS LTD
NYSE
Travel Services
$10.27B$23.35-0.13%$2.15B23.83x28.02
BKNG
BOOKING HOLDINGS INC
NASDAQ
Travel Services
$144.08B$4,297.720.30%$8.07B29.47x-7.68
RCL
ROYAL CARIBBEAN CRUISES LTD
NYSE
Travel Services
$50.66B$196.780.56%$5.42B20.18x5.13
EXPE
EXPEDIA GROUP INC
NASDAQ
Travel Services
$19.58B$150.41-0.06%$2.15B25.49x26.74
YTRA
YATRA ONLINE INC
NASDAQ
Travel Services
$106.03M$1.68-1.18%N/A-25.07x0.92
TNL
TRAVEL & LEISURE CO
NYSE
Travel Services
$3.18B$45.64-0.61%$919.00M7.59x-8.55
CCL
CARNIVAL CORP
NYSE
Travel Services
$27.12B$20.21-1.08%$6.04B16.43x4.79
TOUR
TUNIU CORP
NASDAQ
Travel Services
$140.24M$1.16-0.85%N/A-31.35x0.88
DESP
DESPEGARCOM CORP
NYSE
Travel Services
$839.77M$12.60-2.63%$136.26MN/A-10.82
MOND
MONDEE HOLDINGS INC
NASDAQ
Travel Services
$100.53M$1.150.00%-$23.27M-0.98x-3.21
ISPO
INSPIRATO INC
NASDAQ
Travel Services
$27.64M$4.14-5.48%$37.76M-0.45x-13.18
SABR
SABRE CORP
NASDAQ
Travel Services
$1.29B$3.34-0.60%$221.29M-2.76x-4.09
LIND
LINDBLAD EXPEDITIONS HOLDINGS INC
NASDAQ
Travel Services
$524.18M$9.65-1.13%$51.12M-9.28x-3.97
VIK
VIKING HOLDINGS LTD
NYSE
Travel Services
$16.30B$37.79-0.81%N/AN/A-8.61

Travel Stocks FAQ

What are the best travel stocks to buy right now in Oct 2024?

According to Zen Score, the 3 best vacation stocks to buy right now are:

1. Airbnb (NASDAQ:ABNB)


Airbnb (NASDAQ:ABNB) is the top travel stock with a Zen Score of 60, which is 31 points higher than the travel industry average of 29. It passed 20 out of 33 due diligence checks and has strong fundamentals. Airbnb has seen its stock return 7.67% over the past year, underperforming other travel stocks by -39 percentage points.

Airbnb has an average 1 year price target of $127.71, a downside of -5.25% from Airbnb's current stock price of $134.79.

Airbnb stock has a consensus Hold recommendation according to Wall Street analysts. Of the 24 analysts covering Airbnb, 16.67% have issued a Strong Buy rating, 12.5% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 20.83% have issued a Strong Sell.

2. Makemytrip (NASDAQ:MMYT)


Makemytrip (NASDAQ:MMYT) is the second best travel stock with a Zen Score of 50, which is 21 points higher than the travel industry average of 29. It passed 17 out of 33 due diligence checks and has strong fundamentals. Makemytrip has seen its stock return 157.52% over the past year, overperforming other travel stocks by 111 percentage points.

Makemytrip has an average 1 year price target of $113.50, an upside of 8.61% from Makemytrip's current stock price of $104.50.

Makemytrip stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Makemytrip, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Tripcom Group (NASDAQ:TCOM)


Tripcom Group (NASDAQ:TCOM) is the third best travel stock with a Zen Score of 46, which is 17 points higher than the travel industry average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. Tripcom Group has seen its stock return 89.35% over the past year, overperforming other travel stocks by 42 percentage points.

Tripcom Group has an average 1 year price target of $67.50, an upside of 6.07% from Tripcom Group's current stock price of $63.64.

Tripcom Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Tripcom Group, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the travel stocks with highest dividends?

Out of 3 travel stocks that have issued dividends in the past year, the 3 travel stocks with the highest dividend yields are:

1. Travel & Leisure Co (NYSE:TNL)


Travel & Leisure Co (NYSE:TNL) has an annual dividend yield of 4.27%, which is 3 percentage points higher than the travel industry average of 1.7%. Travel & Leisure Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Travel & Leisure Co's dividend has shown consistent growth over the last 10 years.

Travel & Leisure Co's dividend payout ratio of 31.6% indicates that its high dividend yield is sustainable for the long-term.

2. Booking Holdings (NASDAQ:BKNG)


Booking Holdings (NASDAQ:BKNG) has an annual dividend yield of 0.61%, which is -1 percentage points lower than the travel industry average of 1.7%.

Booking Holdings's dividend payout ratio of 12% indicates that its dividend yield is sustainable for the long-term.

3. Royal Caribbean Cruises (NYSE:RCL)


Royal Caribbean Cruises (NYSE:RCL) has an annual dividend yield of 0.2%, which is -1 percentage points lower than the travel industry average of 1.7%. Royal Caribbean Cruises's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Royal Caribbean Cruises's dividend has shown consistent growth over the last 10 years.

Royal Caribbean Cruises's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

Why are travel stocks up?

Travel stocks were up 0.3% in the last day, and up 3.24% over the last week.

We couldn't find a catalyst for why travel stocks are up.

What are the most undervalued travel stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued travel stocks right now are:

1. Airbnb (NASDAQ:ABNB)


Airbnb (NASDAQ:ABNB) is the most undervalued travel stock based on WallStreetZen's Valuation Score. Airbnb has a valuation score of 57, which is 36 points higher than the travel industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Airbnb's stock has gained 7.67% in the past year. It has underperformed other stocks in the travel industry by -39 percentage points.

2. Royal Caribbean Cruises (NYSE:RCL)


Royal Caribbean Cruises (NYSE:RCL) is the second most undervalued travel stock based on WallStreetZen's Valuation Score. Royal Caribbean Cruises has a valuation score of 43, which is 22 points higher than the travel industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Royal Caribbean Cruises's stock has gained 126.97% in the past year. It has overperformed other stocks in the travel industry by 80 percentage points.

3. Tripcom Group (NASDAQ:TCOM)


Tripcom Group (NASDAQ:TCOM) is the third most undervalued travel stock based on WallStreetZen's Valuation Score. Tripcom Group has a valuation score of 43, which is 22 points higher than the travel industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Tripcom Group's stock has gained 89.35% in the past year. It has overperformed other stocks in the travel industry by 42 percentage points.

Are travel stocks a good buy now?

50% of travel stocks rated by analysts are a strong buy right now. On average, analysts expect travel stocks to fall by -1.97% over the next year.

What is the average p/e ratio of the travel services industry?

The average P/E ratio of the travel services industry is 23.27x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.