Nothing is Better Than Carnival Corp (CCL) stock at the moment

With 19.08 million shares changed hands, the volume of the stock remained lighter than its average volume of 27.14 million shares. During the session, the Travel Services company that operates in wider Consumer Cyclical sector, reached to the highest price of $25.6 whereas the lowest price it dropped to was $25.0. The 52-week range on CCL shows that it touched its highest point at $25.45 and its lowest point at $13.78 during that stretch. It currently has a 1-year price target of $23.57. CCL paid its most recent dividend on 1582156800, while the ex-dividend date for that was 1582156800. Beta for the stock currently stands at 2.68.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CCL was up-trending over the past week, with a rise of 4.28%, but this was up by 20.71% over a month. Three-month performance surged to 52.62% while six-month performance rose 71.52%. The stock gained 78.52% in the past year, while it has gained 36.73% so far this year. A look at the trailing 12-month EPS for CCL yields 1.12 with Next year EPS estimates of 1.72.

Float and Shares Shorts:

At present, 1.12 billion CCL shares are outstanding with a float of 998.28 million shares on hand for trading. On 2024-10-31, short shares totaled 62.93 million, which was 468.99999999999994 higher than short shares on 1727654400. In addition to Mr. Micky Meir Arison as the firm’s Executive Chairman of the Board, Mr. Joshua Ian Weinstein serves as its President, CEO, Chief Climate Officer & Director.

Institutional Ownership:

Through their ownership of 0.62504 of CCL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-31, CCL reported revenue of $7896000000.0 and operating income of $2179000000.0. The EBITDA in the recently reported quarter was $2838000000.0 and diluted EPS was $1.26.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CCL since 25 analysts follow the stock currently. There are 20 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CCL analysts setting a high price target of 28.21 and a low target of 14.0, the average target price over the next 12 months is 24.91476. Based on these targets, CCL could surge 11.28% to reach the target high and fall by -44.77% to reach the target low. Reaching the average price target will result in a decline of -1.72% from current levels.

Analysts have provided yearly estimates in a range of $1.39201 being high and $1.20036 being low. For CCL, this leads to a yearly average estimate of $1.3214. The surprise factor in the prior quarter was -$0.02. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is -$0.05. The average estimate for the next quarter is thus -$0.02.