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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ABNB
AIRBNB INC
$94.53B$146.78$155.676.05%Hold2110.93%-7.54%64.68%20.81%
TCOM
TRIPCOM GROUP LTD
$32.74B$50.27$63.3826.07%Strong Buy813.84%21.81%16.25%9.09%
MMYT
MAKEMYTRIP LTD
$9.91B$90.23$95.005.29%Strong Buy116.71%4.33%21.94%14.68%
BKNG
BOOKING HOLDINGS INC
$136.61B$4,026.43$4.16k3.43%Strong Buy227.27%23.41%-326.34%47.69%
EXPE
EXPEDIA GROUP INC
$17.48B$131.69$147.9512.35%Buy206.87%42.07%315.46%11.34%
TRIP
TRIPADVISOR INC
$2.49B$17.87$22.1824.13%Hold115.47%83.45%41.70%12.56%
NCLH
NORWEGIAN CRUISE LINE HOLDINGS LTD
$8.38B$19.53$20.273.80%Hold116.13%37.83%232.63%4.25%
YTRA
YATRA ONLINE INC
$76.68M$1.22$4.00229.22%Buy192.84%N/A12.30%5.49%
RCL
ROYAL CARIBBEAN CRUISES LTD
$42.82B$166.40$165.47-0.56%Strong Buy159.86%25.43%74.47%10.90%
CCL
CARNIVAL CORP
$23.88B$18.23$22.2522.05%Strong Buy164.93%42.31%31.26%4.29%
TNL
TRAVEL & LEISURE CO
$3.36B$47.13$54.5015.64%Buy44.09%9.36%-66.50%8.78%
TOUR
TUNIU CORP
$113.08M$0.91N/AN/AN/AN/AN/AN/AN/AN/A
MOND
MONDEE HOLDINGS INC
$215.40M$2.52$4.2869.96%Strong Buy310.06%N/AN/A-10.32%
DESP
DESPEGARCOM CORP
$905.76M$13.59$16.8323.86%Strong Buy312.66%N/A-121.01%16.32%
SABR
SABRE CORP
$1.19B$3.12$3.6717.53%Buy33.42%N/A-7.14%2.18%
LIND
LINDBLAD EXPEDITIONS HOLDINGS INC
$535.33M$10.00$11.0010.00%Buy28.25%N/A-7.30%1.91%
ISPO
INSPIRATO INC
$23.63M$3.61$10.50190.86%Buy242.71%N/AN/AN/A
VIK
VIKING HOLDINGS LTD
$15.08B$34.96$35.200.69%Strong Buy10N/AN/A-18.46%12.28%

Travel Stocks FAQ

What are the best travel stocks to buy right now in Jul 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 59, which is 29 points higher than the travel industry average of 30. It passed 20 out of 33 due diligence checks and has strong fundamentals. Airbnb has seen its stock return 7.12% over the past year, underperforming other travel stocks by -34 percentage points.

Airbnb has an average 1 year price target of $155.67, an upside of 6.05% from Airbnb's current stock price of $146.78.

Airbnb stock has a consensus Hold recommendation according to Wall Street analysts. Of the 21 analysts covering Airbnb, 19.05% have issued a Strong Buy rating, 14.29% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 9.52% have issued a Strong Sell.

2. Tripcom Group (NASDAQ:TCOM)


Tripcom Group (NASDAQ:TCOM) is the second best travel stock with a Zen Score of 48, which is 18 points higher than the travel industry average of 30. It passed 16 out of 33 due diligence checks and has strong fundamentals. Tripcom Group has seen its stock return 35.21% over the past year, underperforming other travel stocks by -6 percentage points.

Tripcom Group has an average 1 year price target of $63.38, an upside of 26.07% from Tripcom Group's current stock price of $50.27.

Tripcom Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Tripcom Group, 87.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Makemytrip (NASDAQ:MMYT)


Makemytrip (NASDAQ:MMYT) is the third best travel stock with a Zen Score of 43, which is 13 points higher than the travel industry average of 30. It passed 14 out of 33 due diligence checks and has strong fundamentals. Makemytrip has seen its stock return 207.95% over the past year, overperforming other travel stocks by 167 percentage points.

Makemytrip has an average 1 year price target of $95.00, an upside of 5.29% from Makemytrip's current stock price of $90.23.

Makemytrip stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.

What are the travel stocks with highest dividends?

Out of 2 travel stocks that have issued dividends in the past year, the 2 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 4.03%, which is 2 percentage points higher than the travel industry average of 2.23%. 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 34% indicates that its dividend yield is sustainable for the long-term.

2. Booking Holdings (NASDAQ:BKNG)


Booking Holdings (NASDAQ:BKNG) has an annual dividend yield of 0.43%, which is -2 percentage points lower than the travel industry average of 2.23%.

Booking Holdings's dividend payout ratio of 6.4% indicates that its dividend yield is sustainable for the long-term.

Why are travel stocks up?

Travel stocks were up 2.21% in the last day, and up 2.65% over the last week. Booking Holdings was the among the top gainers in the travel services industry, gaining 2.29% yesterday.

Booking Holdings shares are trading higher after Benchmark upgraded the stock from Hold to Buy.

What are the most undervalued travel stocks?

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

1. Tripcom Group (NASDAQ:TCOM)


Tripcom Group (NASDAQ:TCOM) is the most undervalued travel stock based on WallStreetZen's Valuation Score. Tripcom Group has a valuation score of 57, which is 35 points higher than the travel industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Tripcom Group's stock has gained 35.21% in the past year. It has underperformed other stocks in the travel industry by -6 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 57, which is 35 points higher than the travel industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Royal Caribbean Cruises's stock has gained 67.56% in the past year. It has overperformed other stocks in the travel industry by 26 percentage points.

3. Expedia Group (NASDAQ:EXPE)


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

Expedia Group's stock has gained 13.49% in the past year. It has underperformed other stocks in the travel industry by -28 percentage points.

Are travel stocks a good buy now?

47.06% of travel stocks rated by analysts are a strong buy right now. On average, analysts expect travel stocks to rise by 4.45% 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 24.07x.
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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.