Carnival Co. & plc (NYSE:CCL – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the nineteen brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and sixteen have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $22.33.
Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Carnival Co. & from $18.00 to $19.00 and gave the stock a “hold” rating in a research note on Wednesday, June 26th. Argus upped their price objective on shares of Carnival Co. & from $20.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, June 27th. William Blair reiterated an “outperform” rating on shares of Carnival Co. & in a research note on Monday, April 22nd. UBS Group boosted their target price on shares of Carnival Co. & from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, May 14th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Carnival Co. & from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 24th.
Read Our Latest Stock Analysis on Carnival Co. &
Institutional Inflows and Outflows
Carnival Co. & Price Performance
CCL opened at $15.46 on Friday. The firm has a market capitalization of $17.35 billion, a PE ratio of 23.78 and a beta of 2.68. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.28 and a quick ratio of 0.24. The business’s 50-day moving average is $16.80 and its two-hundred day moving average is $15.94. Carnival Co. & has a 1 year low of $10.84 and a 1 year high of $19.74.
Carnival Co. & (NYSE:CCL – Get Free Report) last issued its quarterly earnings data on Tuesday, June 25th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.12. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.22%. The firm had revenue of $5.78 billion for the quarter, compared to the consensus estimate of $5.68 billion. During the same quarter in the previous year, the firm earned ($0.31) EPS. The company’s quarterly revenue was up 17.7% compared to the same quarter last year. Research analysts anticipate that Carnival Co. & will post 1.18 earnings per share for the current fiscal year.
About Carnival Co. &
Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.
Further Reading
- Five stocks we like better than Carnival Co. &
- What is MarketRank™? How to Use it
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- Want to Profit on the Downtrend? Downtrends, Explained.
- MarketBeat Week in Review – 8/12 – 8/16
- About the Markup Calculator
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
Receive News & Ratings for Carnival Co. & Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival Co. & and related companies with MarketBeat.com's FREE daily email newsletter.