Carnival Corp [CCL] stock prices are down -2.88% to $27.67 at the moment. 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 8.85% over the last week, with a monthly amount glided 10.46%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Carnival Corp [NYSE: CCL] stock has seen the most recent analyst activity on December 23, 2024, when Stifel reiterated its Buy rating and also boosted its price target to $34 from $32. Previously, Citigroup reaffirmed its Buy rating on December 23, 2024, and elevated its price target to $31. On December 23, 2024, Barclays reiterated its Overweight rating and revised its price target to $32 on the stock. Bernstein started tracking the stock assigning a Mkt Perform rating and suggested a price target of $26 on November 26, 2024. Mizuho initiated its recommendation with a Buy and recommended $21 as its price target on March 26, 2024. Goldman started tracking with a Buy rating for this stock on March 13, 2024, and assigned it a price target of $20. In a note dated January 05, 2024, Wells Fargo upgraded an Overweight rating on this stock but restated the target price of $22.
The stock price of Carnival Corp [CCL] has been fluctuating between $13.78 and $28.50 over the past year. Currently, Wall Street analysts expect the stock to reach $24.2 within the next 12 months. Carnival Corp [NYSE: CCL] shares were valued at $27.67 at the most recent close of the market. An investor can expect a potential drop of -12.54% based on the average CCL price forecast.
Analyzing the CCL fundamentals
The Carnival Corp [NYSE:CCL] reported sales of 25.02B for trailing twelve months, representing a surge of 10.02%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.14%, 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 27.27 points at the first support level, and at 26.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.39, and for the 2nd resistance point, it is at 29.12.
Ratios To Look Out For
It’s worth pointing out that Carnival Corp [NYSE:CCL]’s Current Ratio is 0.26. Also, the Quick Ratio is 0.22, while the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 3.91 and price to earnings (TTM) ratio is 19.88.
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.
