Q1 EPS Estimates for Carnival Co. & Lifted by William Blair

Carnival Co. & plc (NYSE:CCL) – Equities research analysts at William Blair lifted their Q1 2025 earnings estimates for Carnival Co. & in a research note issued on Monday, January 13th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.02 per share for the quarter, up from their previous forecast of $0.01. The consensus estimate for Carnival Co. &’s current full-year earnings is $1.33 per share.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. The business had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.94 billion. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. Carnival Co. &’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.07) EPS.

A number of other research analysts have also commented on the company. Barclays upped their price objective on Carnival Co. & from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Truist Financial upped their price target on shares of Carnival Co. & from $20.00 to $29.00 and gave the company a “hold” rating in a research note on Monday, December 2nd. Wells Fargo & Company lifted their price objective on shares of Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. The Goldman Sachs Group increased their target price on shares of Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, Tigress Financial lifted their price target on shares of Carnival Co. & from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, October 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.18.

Carnival Co. & Price Performance

Carnival Co. & stock opened at $24.97 on Thursday. The company has a market capitalization of $28.82 billion, a price-to-earnings ratio of 22.29 and a beta of 2.64. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. Carnival Co. & has a 12 month low of $13.78 and a 12 month high of $27.17. The stock’s 50 day moving average is $25.14 and its 200-day moving average is $20.49.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Carnival Co. & by 72.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,870,760 shares of the company’s stock valued at $53,052,000 after acquiring an additional 1,204,500 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in Carnival Co. & in the third quarter valued at about $1,140,000. Commonwealth Equity Services LLC boosted its stake in shares of Carnival Co. & by 1.0% during the third quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company’s stock valued at $75,310,000 after purchasing an additional 39,491 shares in the last quarter. Wedge Capital Management L L P NC grew its holdings in shares of Carnival Co. & by 10.1% during the third quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company’s stock worth $4,892,000 after purchasing an additional 24,198 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Carnival Co. & by 181.7% in the third quarter. Cerity Partners LLC now owns 123,815 shares of the company’s stock valued at $2,288,000 after buying an additional 79,857 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the transaction, the director now owns 65,789 shares of the company’s stock, valued at $1,428,937.08. This represents a 21.01 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.00% of the stock is currently owned by corporate insiders.

Carnival Co. & Company Profile

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.