Royal Caribbean Group [RCL] stock is trading at $201.14, down -1.09%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RCL shares have lost -0.30% over the last week, with a monthly amount glided 11.97%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Royal Caribbean Group [NYSE: RCL] stock has seen the most recent analyst activity on October 09, 2024, when Citigroup reiterated its Buy rating and also boosted its price target to $253 from $204. Previously, Mizuho started tracking the stock with Buy rating on April 17, 2024, and set its price target to $164. On March 13, 2024, Goldman initiated with a Buy rating and assigned a price target of $162 on the stock. HSBC Securities initiated its recommendation with a Buy and recommended $115 as its price target on October 23, 2023. Truist upgraded its rating to Buy for this stock on September 19, 2023, and upped its price target to $137. In a note dated May 16, 2023, Argus upgraded an Buy rating on this stock but restated the target price of $88.
Royal Caribbean Group [RCL] stock has fluctuated between $78.35 and $204.37 over the past year. Currently, Wall Street analysts expect the stock to reach $140.13 within the next 12 months. Royal Caribbean Group [NYSE: RCL] shares were valued at $201.14 at the most recent close of the market. An investor can expect a potential drop of -30.33% based on the average RCL price forecast.
Analyzing the RCL fundamentals
Royal Caribbean Group [NYSE:RCL] reported sales of 15.33B for the trailing twelve months, which represents a growth of 16.66%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.49 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.47.
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 199.63 points at the first support level, and at 198.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 202.69, and for the 2nd resistance point, it is at 204.24.
Ratios To Look Out For
For context, Royal Caribbean Group’s Current Ratio is 0.19. Also, the Quick Ratio is 0.17, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 3.38, the price to book ratio is 8.62 and price to earnings (TTM) ratio is 22.44.
Transactions by insiders
Recent insider trading involved BETHGE LAURA H, President, Celebrity Cruises, that happened on Aug 29 ’24 when 3073.0 shares were sold. Officer, LAURA BETHGE completed a deal on Aug 29 ’24 to buy 3073.0 shares. Meanwhile, Director Sorensen Vagn O sold 5800.0 shares on Aug 15 ’24.
