Insider Trading and Upgrades/Downgrades for Carnival Corporation (NYSE:CCL)



Carnival Corporation (NYSE:CCL) has a 1 Year Target Estimate of $55.23. The stock traded with the volume of 5.54 Million in the last trading session. Carnival Corporation opened at $52.39 and closed by showing a decrease of -3.4%. The Bid price in the last session was $50.89 x 100 and the Ask price was $52.98 x 100. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Carnival Corporation has the Market Capitalization of 38.76 Billion. The Stock has its 52-week High of $55.77 and 52-Week Low of $40.52 and it touched its 52-week high on Dec 30, 2015 and 52-Week Low on Feb 9, 2016.

Carnival Corporation reported its last Earnings on Sep 26 BMO where the company reported Actual EPS of $1.92/Share whereas, the Analyst Estimated EPS was $1.89/share. The difference between Actual EPS and Estimated EPS was $0.03/share. This represented an Earnings Surprise of 1.6%. The company will report its next earnings on Dec 16 – Dec 20 (Est.).

Some analyst provided their insight on Growth Estimates; Carnival Corporation has the Current Quarter Earnings Growth rate of 16%. The Next Quarter growth is expected to be 7.7%. In the past 5 years, the stock has earnings growth rate of 15.51% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 16.33% per annum.

19 number of analysts also provided their insight on Carnival Corporation, where the Average Price Target for the stock is $55.23. They also projected Low Price Target as $46 while High Price Target is set at $63.

A number of analysts rated the stock as well: 5 analysts believe that the stock is a STRONG BUY while 8 reported it as Buy.12 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Carnival Corporation annual Divided is 1.4 while it’s Dividend Yield is 2.72%. The stock has its Price to Earnings (P/E) ratio of 15.75 and Forward Price to Earnings ratio of 13.71. The company has its Price to Sales (P/S) ratio of 2.3 where Price to Book (P/B) ratio of 1.65, Price to Cash Per share (P/C) of 80.59 and Price to Free Cash Flow (P/FCF) has a value of 40.91.

The company has its Return on Assets (ROA) of 6.2 Percent. Return on Equity (ROE) stands at 10.6% and Return on Investment (ROI) displays a value of 7.8%.

The stock is currently trading at Distance from 20-Day simple moving Average of 2.34% whereas, Distance from 50-Day Simple moving average is 6.32 Percent and Distance from 200-Day Simple Moving Average of 8.6 percent.

A look at performance overview of Carnival Corporation depicts that Performance (Week) is -0.7 percent while Performance Month is 5.42%. Quarterly performance shows a value of 8.29% and Half Year Performance value stands at 7.89%. Yearly performance of the stock has the value of 2.72 percent. Carnival Corporation has its YTD performance of -2.98 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 17 Oct 2016 where Chief Executive Officer Donald (Arnold Wayne) did a transaction type “Buy” in which 432518 shares were traded at a price of $0. Another insider trade includes Chief Executive Officer Donald (Arnold Wayne) who also initiated a transaction in which 91813 shares were traded on 17 Oct 2016 as “Sell”. On 3 Oct 2016 Chief Financial Officer Bernstein (David) traded 211 shares as “Sell” at $49.43. Director Band (Jonathon) Buy 3102 shares on 13 Apr 2016 at the price of $0.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Bernstein on 23-Nov-16 who Upgrade the stock from Mkt Perform to Outperform. Other firms have also Upgraded/Downgraded the stock. On 4-Oct-16, Macquarie took an action “Initiated”  to Neutral. On 3-Oct-16, the stock was Initiated to Buy by HSBC Securities.