Carnival Corp. (NYSE:CCL) concluded the trading at $14.47 on Wednesday, May 01, with a fall of -2.36% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $14.82 and 5Y monthly beta was reading 2.55. Company’s P/E ratio for the trailing 12 months is 56.30. Considering stock’s 52-week price range provides that CCL hit a high price of $19.74 and saw its price falling to a low level of $9.17 during that period. Over a period of past 1-month, stock came subtracting -6.52% in its value.
With its current market valuation of $18.34 billion, Carnival Corp. is set to declare its quarterly results on Jun 24, 2024 – Jun 28, 2024. Analysts are in estimates of -0.02 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 1.01 for current year with estimates of that growing to 1.43 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 5.67B. They suggested that in the process company could generate revenue of as low as 5.42B which could climb up to 5.74B to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 24.56B in current fiscal year, which will be 13.70% more from revenue generated by the company last year.
In contrast, when we review CCL stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the CCL stock which is currently positioned at 0. It further provides that stock’s current price level is -2.11% away from its 20-day simple moving average and is -6.98% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 40.76 while volatility remained at 2.88% over the past week which changes to 3.08% when measuring it over the past month. Beta is valued at 2.54, while measure of average true range or ATR is currently at 0.50.
Having a second look at Carnival Corp. (NYSE:CCL) provides that stock’s average daily trading volume for 3 months was 30.87 million. Number of outstanding shares of the stock stood at 1.12 billion.
The percentage of outstanding shares held by the insiders is 25.30% while it is 49.41% for the institutional holders. Subtraction of -21.95% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
