Carnival Corp (NYSE:CCL) traded at $22.74 at close of the session on Tuesday, May 13 and made an upward move of 2.76% on its previous day’s price.
Carnival Corp has a market cap of $29.51 billion and is expected to release its quarterly earnings report in June.
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.
Based on estimates by 25 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the Carnival Corp (CCL) stock as a Hold, while 20 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the CCL stock currently stands at 0.73, and the current price level is 18.73% off its SMA20 and 16.91% from its 50-day simple moving average. The RSI (14) is pointing at 72.24 while the volatility over the past week is 3.12% and jumps to 3.60% over the past one month. The beta value is 2.56, while the average true range (ATR) is currently pointing at 1.00. The average price target for the stock over the next 12 months is $29, with the estimates having a low of $22 and a high of $32. These price ends are 3.25% and -40.72% off the current price level respectively, although investors could be excited at the prospect of a -27.53% if the CCL share price touches on the median price of $29.
