Carnival Corp. (CCL) Stock: Identifying Value and Future Vision

Currently, Carnival Corp. [CCL] is trading at $14.79, down -0.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CCL shares have gain 15.91% over the last week, with a monthly amount glided 29.85%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

This stock has fluctuated between a low of $7.53 and a high of $19.55 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $17.08 within the next 12 months. Carnival Corp. [NYSE: CCL] shares were valued at $14.79 at the most recent close of the market. An investor can expect a potential return of 15.48% based on the average CCL price forecast.

Analyzing the CCL fundamentals

Recent quarter sales for Carnival Corp. [NYSE:CCL] were 6.85 billion which represents 59.21% growth. Gross Margin for this corporation currently stands at -11.70% with Operating Margin at -32.19%, Pretax Margin comes in at -49.97%, and Net Margin reading is -50.07%. To continue investigating profitability, this company’s Return on Assets is posted at -11.60, Equity is -63.44, Total Capital is -8.73, and Invested Capital is -14.84. Taking a look at the Principal structure of this organization reveals enduring liabilities to the total capital at 83.55 and enduring liabilities to the whole assets at 69.40.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.62 points at the first support level, and at 14.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.99, and for the 2nd resistance point, it is at 15.18.

Carnival Corp. [CCL] reported earnings per share of $0.86 for its fiscal quarter that ended on 8/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.75/share, meaning a difference of $0.11 and a surprise factor of 14.70%. By comparison, the stated earnings for the previous quarter ended on 5/30/2023 were -$0.31 per share as compared to estimates of -$0.34 per share, a difference of $0.03 representing a surprise of 8.80%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Carnival Corp. [NYSE:CCL] is 0.43. Also, the Quick Ratio is 0.67, while the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 1.77.

Transactions by insiders

Recent insider trading involved WEISENBURGER RANDALL J, Director, that happened on Oct 19 when 100000.0 shares were purchased. Director, WEISENBURGER RANDALL J completed a deal on Oct 10 to buy 0.35 million shares. Meanwhile, CFO & CAO Bernstein David sold 0.11 million shares on Feb 21.