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Carnival (CCL)
NYSE:CCL
Carnival (CCL) Stock Price & Analysis
11,759 Followers
CCL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.84 - $19.74
Previous Close$17.71
Volume24.52M
Average Volume (3M)30.19M
Market Cap
$22.22B
Enterprise Value$51.23B
Total Cash (Recent Filing)$1.65B
Total Debt (Recent Filing)$30.65B
Price to Earnings (P/E)27.2
Beta2.19
Next Earnings
Sep 26, 2024EPS Estimate
$1.15Last Dividend Ex-Date
Feb 20, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)0.65
Shares Outstanding1,309,995,783
10 Day Avg. Volume25,048,444
30 Day Avg. Volume30,192,541
Standard Deviation0.20
R-Squared0.44
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)4.27
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)3.00
P/FCF Ratio52.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.91
Enterprise Value/Gross Profit7.04
Enterprise Value/Ebitda17.57
Forecast
1Y Price Target
$21.72Price Target Upside23.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
Carnival News
Bulls Say, Bears Say
Bulls Say
Bookings And DemandDemand remaining strong led management to lift full-year guidance by approximately 4% or $200 million.
Debt ReductionCCL prepaid $1.6B of first-priority senior secured term loans and pushed out nearly $3.0B of maturities, lowering annualized interest expense by $85M.
EarningsCCL reported strong 2Q24 results with EBITDA of $1,197M ahead of both guidance and our estimate.
Bears Say
Earnings GuidanceExogenous headwinds have limited the raise in FY24 earnings guidance, suggesting potential challenges ahead.
Financial PerformanceThe Francis Scott Key Bridge collapse in Baltimore has an estimated impact of up to $10M in adjusted EBITDA and adjusted net income for FY2024.
Operational CostsExternal factors like fuel costs and foreign exchange rates have created headwinds for financial guidance.
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Ownership Overview
64.99% Insiders
13.46% Mutual Funds
18.09% Other Institutional Investors
3.46% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Carnival
Desktop Users
Mobile Users
CCL FAQ
What was Carnival’s price range in the past 12 months?
Carnival lowest stock price was $10.84 and its highest was $19.74 in the past 12 months.
What is Carnival’s market cap?
Currently, no data Available
When is Carnival’s upcoming earnings report date?
Carnival’s upcoming earnings report date is Sep 26, 2024 which is in 85 days.
How were Carnival’s earnings last quarter?
Carnival released its earnings results on Jun 25, 2024. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of -$0.015 by $0.125.
Is Carnival overvalued?
According to Wall Street analysts Carnival’s price is currently Undervalued.
Does Carnival pay dividends?
Carnival pays a Quarterly dividend of $0.5 which represents an annual dividend yield of N/A. See more information on Carnival dividends here
What is Carnival’s EPS estimate?
Carnival’s EPS estimate is $1.15.
How many shares outstanding does Carnival have?
Carnival has 1,122,320,400 shares outstanding.
What happened to Carnival’s price movement after its last earnings report?
Carnival reported an EPS of $0.11 in its last earnings report, beating expectations of -$0.015. Following the earnings report the stock price went up 8.725%.
Which hedge fund is a major shareholder of Carnival?
Among the largest hedge funds holding Carnival’s share is PRIMECAP Management Co. It holds Carnival’s shares valued at 104M.
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Carnival Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$21.72 (23.69% Upside)
$21.72 (23.69% Upside)
Blogger Sentiment
Bullish
CCL Sentiment 79%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 44.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.94%
12-Months-Change
Fundamentals
Return on Equity
14.26%
Trailing 12-Months
Asset Growth
-4.38%
Trailing 12-Months
Company Description
Carnival
Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America, Europe, Australia, and Asia (EEA), Cruise Support, and Tour and Other. The North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe, Australia, and Asia (EEA) segment comprises of AIDA, Costa, Cunard, P&O Cruises (Australia), P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.
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CCL Earnings Call
Q1 2024
0:00 / 0:00
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CCL Stock 12 Month Forecast
Average Price Target
$21.72
▲(23.69% Upside)
Technical Analysis
Best Analysts Covering CCL
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+7.31%
assigned a buy rating 8 days ago
Copying Daniel Politzer's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +7.31% per trade.
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