Royal Caribbean Group [RCL] stock is trading at $232.48, up 1.20%. An important factor to consider is whether the stock is rising or falling in short-term value. The RCL shares have gain 3.17% over the last week, with a monthly amount drifted -4.78%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Royal Caribbean Group [NYSE: RCL] stock has seen the most recent analyst activity on November 26, 2024, when Bernstein initiated its Outperform rating and assigned the stock a price target of $290. Previously, Citigroup reaffirmed its Buy rating on October 09, 2024, and elevated its price target to $253. On April 17, 2024, Mizuho initiated with a Buy rating and assigned a price target of $164 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $162 on March 13, 2024. HSBC Securities started tracking with a Buy rating for this stock on October 23, 2023, and assigned it a price target of $115. In a note dated September 19, 2023, Truist upgraded an Buy rating on this stock and boosted its target price from $115 to $137.
Royal Caribbean Group [RCL] stock has fluctuated between $113.10 and $258.70 over the past year. Currently, Wall Street analysts expect the stock to reach $252.38 within the next 12 months. Royal Caribbean Group [NYSE: RCL] shares were valued at $232.48 at the most recent close of the market. An investor can expect a potential return of 8.56% based on the average RCL price forecast.
Analyzing the RCL fundamentals
Royal Caribbean Group [NYSE:RCL] reported sales of 16.05B for the trailing twelve months, which represents a growth of 17.44%. 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 of3.06.
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 230.36 points at the first support level, and at 228.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 235.30, and for the 2nd resistance point, it is at 238.12.
Ratios To Look Out For
For context, Royal Caribbean Group’s Current Ratio is 0.19. On the other hand, the Quick Ratio is 0.16, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 3.89, the price to book ratio is 8.87 and price to earnings (TTM) ratio is 24.42.
Transactions by insiders
Recent insider trading involved Kulovaara Harri U, EVP, Maritime, that happened on Nov 20 ’24 when 3256.0 shares were sold. Director, Wilhelmsen Arne Alexander completed a deal on Nov 20 ’24 to sell 0.25 million shares. Meanwhile, Director Wilhelmsen Arne Alexander sold 0.23 million shares on Nov 19 ’24.
