At the time of writing, Carnival Corp [CCL] stock is trading at $26.80, up 6.43%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CCL shares have gain 3.47% over the last week, with a monthly amount glided 6.86%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Carnival Corp [NYSE: CCL] stock has seen the most recent analyst activity on November 26, 2024, when Bernstein initiated its Mkt Perform rating and assigned the stock a price target of $26. Previously, Mizuho started tracking the stock with Buy rating on March 26, 2024, and set its price target to $21. On March 13, 2024, Goldman initiated with a Buy rating and assigned a price target of $20 on the stock. Wells Fargo upgraded its rating to a Overweight but stick to its price target of $22 on January 05, 2024. In a note dated September 19, 2023, Truist upgraded an Hold rating on this stock and boosted its target price from $16 to $17.
For the past year, the stock price of Carnival Corp fluctuated between $13.78 and $27.17. Currently, Wall Street analysts expect the stock to reach $23.06 within the next 12 months. Carnival Corp [NYSE: CCL] shares were valued at $26.80 at the most recent close of the market. An investor can expect a potential drop of -13.96% based on the average CCL price forecast.
Analyzing the CCL fundamentals
According to Carnival Corp [NYSE:CCL], the company’s sales were 25.02B for trailing twelve months, which represents an 10.02% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.24 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.12.
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 25.78 points at the first support level, and at 24.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.48, and for the 2nd resistance point, it is at 28.16.
Ratios To Look Out For
It is important to note that Carnival Corp [NYSE:CCL] has a current ratio of 0.29. In addition, the Quick Ratio stands at 0.25 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 1.43, the price to book ratio is 3.79 and price to earnings (TTM) ratio is 19.27.
Transactions by insiders
Recent insider trading involved BAND SIR JONATHON, Director, that happened on Oct 29 ’24 when 17500.0 shares were sold. Director, BAND SIR JONATHON completed a deal on Oct 29 ’24 to buy 17500.0 shares. Meanwhile, CFO & CAO Bernstein David sold 0.15 million shares on Feb 15 ’24.
