DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Brandt Montour - 7 Granth - 3 Montour - 2 DraftKings - 2 FactSet - 2 Patrick Scholes - 2 Josh Weinstein - 2 It's - 1
Top related locs:
U.S Royal Caribbean Caribbean Bengaluru New York Norwegian 3Q23 DAL
Top related orgs:
Barclays - 7 Royal - 3 Thomson - 3 Royal Caribbean Cruises - 2 Carnival Corp - 2 Cruise - 2 Centers for Disease Control - 1 DraftKings - 1

Search resuls for: "Brandt Montour"


12 mentions found


☆ How Royal Caribbean is leading the charge in the cruise industry comeback
  + stars: | 2024-04-15 | by ( Ryan Baker | ) www.cnbc.com   time to read: +1 min
Carnival , Norwegian and Royal Caribbean all reported entering the year with record highs for individual bookings and cruise pricing. It's an impressive turnaround after the industry was largely halted for 15 months after the Centers for Disease Control and Prevention issued a no-sail order in March 2020 at the onset of the Covid pandemic in the U.S.And Royal Caribbean has been leading the way. It's seen the highest ticket revenue increase relative to 2019 out of the big three cruise giants. 1 reason why Royal Caribbean has outperformed its peers and recovered the fastest is because they issued the least amount of equity during the pandemic. All of the companies had to issue equity.
Persons: It's, Brandt Montour Organizations: Royal, Centers for Disease Control, Barclays Locations: Royal Caribbean, U.S, Caribbean, Norwegian
☆ Buy DraftKings as sports betting shows 'staying power,' Barclays says
  + stars: | 2024-02-23 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
Barclays has crowned DraftKings as a stock worth buying. Analyst Brandt Montour upgraded the sports betting stock to overweight from equal weight and upped his price target by $9 to $50. That comes as sports betting shows "staying power" in the everyday life of American sports viewers, he added. Meanwhile, he said the 30% market share of DraftKings' online sports betting business should be defensible. And it's part of the reason why the company has been able to surpass Wall Street expectations and raise forward guidance over recent quarters.
Persons: Brandt Montour, Montour, DraftKings Organizations: Barclays, DraftKings
☆ Wall Street says these gaming stocks have big upside as NFL kick-off boosts interest
  + stars: | 2023-09-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +3 min
The NFL season began on Thursday, with the Detroit Lions defeating the Kansas City Chiefs. The gaming stocks listed below have buy ratings from more than 60% of analysts and upside to the average price target of greater than 20%, according to FactSet. Caesar's Entertainment has the most upside on the list, with an average price target 37% above its most recent closing price. Barclays analyst Brandt Montour said in a Sept. 7 note to clients that Caesar's could see a boom in non-sports online gambling. DraftKings is Needham's top pick in gaming, though the average analyst price target on the stock is below 20%.
Persons: Brandt Montour, We're, Montour, skews, Churchill, FactSet, DraftKings, Needham, DKNG, Bernie McTernan, — CNBC's Michael Bloom Organizations: NFL, Wall Street, Detroit Lions, Kansas City Chiefs, Caesar's Entertainment, Barclays, MGM Resorts International, Kentucky Derby Locations: U.S, 3Q23
☆ Watch these stocks ahead of a historically weak September on Wall Street
  + stars: | 2023-09-05 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Investors are gearing up for a historically weak month on Wall Street. But some stocks on Wall Street have found a way to stave off the broader weak sentiment in the past. At least 55% of analysts maintain a buy rating. Analysts are bullish on the premier airline stock, with 85.7% of analysts rating shares as a buy. Nearly 61% of analysts polled by FactSet hold a buy rating on Enphase stock, with their average forecasts implying nearly 57% upside from the stock's current trading levels.
Persons: FactSet, Brandt Montour, Charles Schwab, —, Fred Imbert Organizations: CNBC, Delta Air Lines, Energy, Caesars Entertainment, Caesars, Barclays Locations: DAL, Albemarle
☆ Cruise operators plan to hike prices as costs rise, demand swells
  + stars: | 2023-08-03 | by ( Doyinsola Oladipo Granth Vanaik | Doyinsola Oladipo | Granth Vanaik | ) www.reuters.com   time to read: +3 min
The logo of the company Royal Caribbean is seen on the 'Wonder of the Seas' cruise ship, the world’s largest cruise ship, docked at a port in Malaga, southern Spain, April 30, 2022. Cruise operators lowered prices to lure passengers onboard following the pandemic, banking on onboard spending that has now reached record levels. Onboard spending in the second quarter rose 49.9% for Norwegian Cruise Lines (NCLH.N), compared with the same period in 2019, before the pandemic. Onboard spending rose about 36.8% for Royal Caribbean Cruises and 17.2% for Carnival in the same period. Carnival and Royal Caribbean said the percentage of guests who were new to cruising surpassed 2019 levels.
Persons: Jon Nazca, Patrick Scholes, Josh Weinstein, Bob Levinstein, Cruise, Carnival's Weinstein, Jason Liberty, Brandt Montour, Granth, Anil D'Silva Organizations: Royal, REUTERS, Royal Caribbean Cruises, Carnival Corp, Carnival, Cruise, Norwegian Cruise Lines, DISNEY WORLD, Walt Disney, Custom Travel, Reuters Graphics, Cruise Lines International, . Carnival, Barclays, Thomson Locations: Royal Caribbean, Malaga, Spain, U.S, Caribbean, Orlando , Florida, They've, Bengaluru, Doyinsola, New York
☆ Wall St sees bargains and lure of Europe buoying cruise, hotel earnings
  + stars: | 2023-07-24 | by ( Doyinsola Oladipo | ) www.reuters.com   time to read: +4 min
Passenger ticket and onboard spending revenue is expected to increase 66% and 36%, respectively. Cabin bookings in the second quarter were up 58% compared to this time last year. For Carnival, booking volumes in the second quarter were 17% higher than in 2019, Carnival CEO Josh Weinstein told investors in June. Meanwhile, investors will be watching if record nightly rates for on-shore accommodations can offset revenue in the second quarter. Hotel and short-term rental rates were about 18% and 35% more expensive in the second quarter than in 2019, according to analytics firms CoStar and AirDNA.
Persons: Brandt Montour, McKinsey, Sylvia Jablonski, Patrick Scholes, Josh Weinstein, AirDNA, Hilton, Doyinsola Oladipo, Granth, Susan Heavey Organizations: YORK, Investors, Hilton Worldwide Holdings, Royal Caribbean Cruises, Barclays, Royal, Carnival Corp, Cruise Line Holdings, Airlines, Cruises, Cruise, Truist Securities, Thomson Locations: Europe, United States, AirDNA . U.S, Asia, New York, Bangalore
☆ Carnival set to post strong revenue growth as new, younger customers drive demand
  + stars: | 2023-06-23 | by ( Granth Vanaik | Thomson Reuters | Granth Reports On The North American Consumer | ) www.reuters.com   time to read: +2 min
June 23 (Reuters) - Carnival (CCL.N) is expected to post robust second-quarter revenue growth as new and younger customers, undeterred by high inflation, spend on novel experiences such as cruising. While Americans have cut back on purchasing big-ticket non-essential goods due to soaring costs, protracted confinement to their homes during the pandemic has whet their appetite for outdoor experiences. Millennials (born between 1981 and 1996) and GenX (born between 1965 and 1981) have reached peak earnings years and are feeding multi-generational travel as they spend on cruises and bring their families along, according to J.P. Morgan analysts, who lifted rating on Carnival stock to "overweight" last week. A younger customer base is helping fuel this demand, with 88% of millennial and 86% of GenX travelers that have past cruising experience intending to sail again, according to a report from Cruise Lines International Association. "Given (cruise) is a vastly under-penetrated travel product ... more marketing instead of price cuts drives growth in new-to-cruise, which has a reasonably high conversion rate to repeat-cruisers," Barclays analyst Brandt Montour said.
Persons: Morgan, Millennials, GenX, Brandt Montour, Granth, Vinay Dwivedi Organizations: Reuters Graphics Reuters, Morgan, Bank of America, Cruise Lines International Association, Barclays, Refinitiv, Thomson Locations: J.P, Bengaluru
☆ This casino stock can jump 30% as Macao market recovers despite macro headwinds, Barclays says
  + stars: | 2023-05-17 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Wynn Resorts has more to gain as a recovery in its Macao properties continues, according to Barclays. It also hiked its price target on the stock to $135 from $120. Despite the already strong gain for the stock, analyst Brandt Montour thinks the casino operator remains "under appreciated by the market." And the company's Las Vegas business remains strong, Montour noted. CEO Craig Billings said during the company's first-quarter earnings call earlier this month that Wynn Las Vegas had a record adjusted net EBITDAR (earnings before interest, taxes, depreciation, amortization and restructuring or rent costs) of $232 million.
☆ Barclays upgrades Hilton, says hotel chain can weather macro challenges better than peers
  + stars: | 2023-03-09 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
Analyst Brandt Montour upgraded shares of Hilton to overweight from equal weight, saying the hotel chain can weather macro challenges better than its peers. We shift our preference to HLT for its underappreciated net unit growth prospects amidst a slowing macro backdrop," Montour wrote in a Thursday note. Hilton is a "best-in-class" lodging company that has the strongest net unit growth among its competitors, according to the analyst. Hilton shares are 16% higher this year, while Hyatt shares are up even more, advancing 32%. The analyst's $168 price target for Hilton shares, raised from $151 previously, implies about 13% upside from Wednesday's closing price.
☆ Barclays says buy MGM, a 'premium diversified global gaming operator' with nearly 40% upside
  + stars: | 2023-02-24 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
It's time for investors to bet on shares of MGM Resorts International , according to Barclays. Analyst Brandt Montour initiated coverage of the casino operator with an overweight rating, saying that shares should benefit from a recovery in Macao and continued strength in the Las Vegas market. MGM YTD mountain Shares have rise nearly 29% year to date MGM shares have surged nearly 29% after tumbling more than 25% in 2022. Compared to U.S. regional casinos, Montour expects Las Vegas to better weather a softening economy this year, which should bode well for MGM. MGM's "iGaming position is second to none, a business we are bullish on over the next 2-5 years," Montour said.
☆ We see blue collar wage growth outpacing white collar next year, says Barclays' Montour
  + stars: | 2022-12-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe see blue collar wage growth outpacing white collar next year, says Barclays' MontourBrandt Montour, Barclays analyst, joins 'Power Lunch' to discuss the dispersion between white and blue collar fortunes, which companies will feel the squeeze he is forecasting and his thoughts on the reopening in China.
☆ Barclays downgrades Marriott, says stock valuation looks fair given the softening macro environment
  + stars: | 2022-12-15 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
A weakening macro environment could weigh on Marriott International in the months ahead, according to Barclays. Analyst Brandt Montour downgraded shares to equal weight from overweight, citing the lodging stock's current trading price, which is now in line with Barclays' target. Montour upped the bank's price target on Marriott to $170 from $163, suggesting shares could gain about 7% from Wednesday's close. Although Marriott has a solid management team and strong loyalty program, Barclays views shares as fairly valued given the heightened macro risks. Montour upgraded shares of Wyndham Hotels in the same note, calling the stock a favored lodging pick as consumers trade down.
0 next >>
Total: 12