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).
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.
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.