Carnival Co. & plc (NYSE:CCL – Free Report) – Investment analysts at William Blair boosted their FY2025 EPS estimates for shares of Carnival Co. & in a research note issued on Monday, January 13th. William Blair analyst S. Zackfia now forecasts that the company will earn $1.73 per share for the year, up from their prior forecast of $1.72. The consensus estimate for Carnival Co. &’s current full-year earnings is $1.33 per share. William Blair also issued estimates for Carnival Co. &’s FY2026 earnings at $1.96 EPS.
Several other research firms have also issued reports on CCL. Barclays increased their price objective on Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday, December 23rd. Morgan Stanley lifted their price target on shares of Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a report on Wednesday, January 8th. Bank of America upped their price objective on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Tigress Financial boosted their target price on Carnival Co. & from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, October 7th. Finally, Mizuho raised their price target on Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.18.
Carnival Co. & Price Performance
NYSE:CCL opened at $24.51 on Wednesday. The company has a market capitalization of $28.29 billion, a price-to-earnings ratio of 21.88 and a beta of 2.64. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. Carnival Co. & has a 52 week low of $13.78 and a 52 week high of $27.17. The company has a 50-day moving average of $25.14 and a 200-day moving average of $20.49.
Carnival Co. & (NYSE:CCL – Get Free Report) last issued its earnings results on Friday, December 20th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The business had revenue of $5.94 billion during the quarter, compared to analyst estimates of $5.94 billion. During the same period in the prior year, the company posted ($0.07) earnings per share. Carnival Co. &’s revenue was up 10.0% on a year-over-year basis.
Insider Buying and Selling
In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the sale, the director now directly owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 11.00% of the stock is owned by insiders.
Institutional Trading of Carnival Co. &
A number of large investors have recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Carnival Co. & by 72.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,870,760 shares of the company’s stock valued at $53,052,000 after purchasing an additional 1,204,500 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in Carnival Co. & in the third quarter valued at approximately $1,140,000. Commonwealth Equity Services LLC boosted its holdings in shares of Carnival Co. & by 1.0% in the third quarter. Commonwealth Equity Services LLC now owns 4,075,201 shares of the company’s stock valued at $75,310,000 after buying an additional 39,491 shares during the period. Wedge Capital Management L L P NC increased its position in shares of Carnival Co. & by 10.1% during the third quarter. Wedge Capital Management L L P NC now owns 264,728 shares of the company’s stock worth $4,892,000 after acquiring an additional 24,198 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Carnival Co. & by 181.7% during the third quarter. Cerity Partners LLC now owns 123,815 shares of the company’s stock worth $2,288,000 after acquiring an additional 79,857 shares during the period. Institutional investors own 67.19% of the company’s stock.
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.
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