Carnival Co. & (CCL) Scheduled to Post Quarterly Earnings on Monday

Carnival Co. & (NYSE:CCL) will announce its earnings results before the market opens on Monday, September 30th. Analysts expect the company to announce earnings of $1.15 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Carnival Co. & Stock Down 0.7 %

Shares of CCL opened at $18.54 on Friday. The business’s 50 day moving average is $16.59 and its 200 day moving average is $16.23. The company has a market capitalization of $20.81 billion, a PE ratio of 28.52 and a beta of 2.68. Carnival Co. & has a 12-month low of $10.84 and a 12-month high of $19.74. The company has a current ratio of 0.28, a quick ratio of 0.24 and a debt-to-equity ratio of 3.99.

Analyst Ratings Changes

Several analysts recently issued reports on CCL shares. Bank of America lifted their target price on Carnival Co. & from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, June 27th. Argus raised their price target on Carnival Co. & from $20.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, June 27th. Citigroup raised their price target on Carnival Co. & from $18.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday, June 26th. Stifel Nicolaus raised their price target on Carnival Co. & from $25.00 to $27.00 and gave the company a “buy” rating in a report on Friday, September 20th. Finally, Truist Financial raised their price target on Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a report on Tuesday, July 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.63.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.