A share price of Royal Caribbean Group [RCL] is currently trading at $231.49, down -0.65%. 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 gain 2.76% over the last week, with a monthly amount glided 15.05%, 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 experienced fluctuations in its stock price throughout the past year between $101.00 and $238.10. Currently, Wall Street analysts expect the stock to reach $162.73 within the next 12 months. Royal Caribbean Group [NYSE: RCL] shares were valued at $231.49 at the most recent close of the market. An investor can expect a potential drop of -29.7% based on the average RCL price forecast.
Analyzing the RCL fundamentals
Trailing Twelve Months sales for Royal Caribbean Group [NYSE:RCL] were 16.05B which represents 17.44% growth. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.26%, 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 0.45 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.96.
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 229.90 points at the first support level, and at 228.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 233.67, and for the 2nd resistance point, it is at 235.84.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Royal Caribbean Group [NYSE:RCL] is 0.19. Also, the Quick Ratio is 0.16, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 3.85, the price to book ratio is 8.83 and price to earnings (TTM) ratio is 24.31.
Transactions by insiders
Recent insider trading involved Wilhelmsen Arne Alexander, Director, that happened on Nov 15 ’24 when 15000.0 shares were purchased. Director, A WILHELMSEN A S completed a deal on Nov 15 ’24 to buy 1.0 million shares. Meanwhile, EVP, Maritime Kulovaara Harri U sold 19385.0 shares on Nov 05 ’24.
