Carnival Corp. (NYSE:CCL) traded at $15.08 at close of the session on Friday, April 26, made a downward move of -0.66% on its previous day’s price.
Looking at the stock we see that its previous close was $15.18 . The company has a trailing 12-month PE ratio of 58.68. In terms of its 52-week price range, CCL has a high of $19.74 and a low of $8.70. The company’s stock has lost about -12.27% over that past 30 days.
Carnival Corp. has a market cap of $19.11 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.02, with the EPS growth for the year raised at $1.01 for 2024 and $1.43 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $5.67 billion, with a low of $5.42 billion and a high of $5.74 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $24.56 billion, or 13.70% up from figures reported last year.
On the other hand, looking at the outlook for the CCL stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is 0.98% off its SMA20 and -3.09% from its 50-day simple moving average. The RSI (14) is pointing at 49.19 while the volatility over the past week is 2.67% and jumps to 3.19% over the past one month. The beta value is 2.53, while the average true range (ATR) is currently pointing at 0.51.
Coming back to Carnival Corp. (NYSE:CCL), we note that the average 3-month trading volume was 32.00 million. Current shares outstanding are 1.12 billion.
The insiders hold 25.30% of the company’s shares while institutions hold 49.38%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -18.66% down in year-to-date price movement.
