Carnival Corporation & Plc [CCL] is following upward trend in the market concluded with the last trading session. The shares of the Services sector company has a current value of $50.65 after CCL shares went up by 2.08% during the last trading session. One of the reasons why Services stocks may go bullish is increased momentum in the press.
Carnival Corporation & Plc [NYSE:CCL]: Analyst Rating and Earnings
Its stock price has been found in the range of 42.42 to 67.69. This is compared to its latest closing price of $49.62.
Keep an eye out for the next scheduled publication date for this company’s financial results, which are expected to be released on Thu 26 Sep (In 13 Days).
Fundamental Analysis of Carnival Corporation & Plc [CCL]
Now let’s turn to look at profitability: with a current Operating Margin for Carnival Corporation & Plc [CCL] sitting at +17.61 and its Gross Margin at +30.59, this company’s Net Margin is now 15.10%. These measurements indicate that Carnival Corporation & Plc [CCL] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 9.75, and its Return on Invested Capital has reached 9.40%. Its Return on Equity is 12.96, and its Return on Assets is 7.58. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates CCL financial performance.
Turning to investigate this organization’s capital structure, Carnival Corporation & Plc [CCL] has generated a Total Debt to Total Equity ratio of 42.23. Similarly, its Total Debt to Total Capital is 29.69, while its Total Debt to Total Assets stands at 24.35. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 14.46, and its Long-Term Debt to Total Capital is 32.31.
What about valuation? This company’s Enterprise Value to EBITDA is 8.10 and its Total Debt to EBITDA Value is 1.93. The Enterprise Value to Sales for this firm is now 2.18, and its Total Debt to Enterprise Value stands at 0.20. Carnival Corporation & Plc [CCL] has a Price to Book Ratio of 1.72, a Price to Cash Flow Ratio of 7.71 and P/E Ratio of 11.56. These metrics all suggest that Carnival Corporation & Plc is more likely to generate a positive ROI.
Similarly, this company’s Receivables Turnover is 56.36 and its Total Asset Turnover is 0.45. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.19 and its Current Ratio is 0.24. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Carnival Corporation & Plc [CCL] has 668.76M shares outstanding, amounting to a total market cap of $33.18B. Its stock price has been found in the range of 42.42 to 67.69. At its current price, it has moved down by -25.17% from its 52-week high, and it has moved up 19.41% from its 52-week low.
This stock’s Beta value is currently 1.12, which indicates that it is 2.98% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 74.37. This RSI suggests that Carnival Corporation & Plc is currently Overbought.
Conclusion: Is Carnival Corporation & Plc [CCL] a Reliable Buy?
Shares of Carnival Corporation & Plc [CCL], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.