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The price of Carnival Corp (NYSE: CCL) closed at $22.00 in the last session, down -0.72% from day before closing price of $22.16. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 31.86 million shares were traded. CCL stock price reached its highest trading level at $23.05 during the session, while it also had its lowest trading level at $21.91.
Ratios:
We take a closer look at CCL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.27. In the meantime, Its Debt-to-Equity ratio is 3.52 whereas as Long-Term Debt/Eq ratio is at 3.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 26, 2024, initiated with a Buy rating and assigned the stock a target price of $21.
On March 13, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $20.
Wells Fargo Upgraded its Equal Weight to Overweight on January 05, 2024, while the target price for the stock was maintained at $22.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 29 ’24 when BAND SIR JONATHON sold 17,500 shares for $21.72 per share. The transaction valued at 380,100 led to the insider holds 65,789 shares of the business.
BAND SIR JONATHON bought 17,500 shares of CCL for $365,925 on Oct 29 ’24. On Feb 15 ’24, another insider, Bernstein David, who serves as the CFO & CAO of the company, sold 153,995 shares for $15.37 each. As a result, the insider received 2,367,088 and left with 181,981 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCL now has a Market Capitalization of 29735419904 and an Enterprise Value of 57395408896. As of this moment, Carnival’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.59, and their Forward P/E ratio for the next fiscal year is 12.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 3.24. Its current Enterprise Value per Revenue stands at 2.345 whereas that against EBITDA is 9.764.
Stock Price History:
Over the past 52 weeks, CCL has reached a high of $22.39, while it has fallen to a 52-week low of $11.10. The 50-Day Moving Average of the stock is 17.70%, while the 200-Day Moving Average is calculated to be 32.14%.
Shares Statistics:
According to the various share statistics, CCL traded on average about 28.43M shares per day over the past 3-months and 21925780 shares per day over the past 10 days. A total of 1.12B shares are outstanding, with a floating share count of 998.28M. Insiders hold about 21.23% of the company’s shares, while institutions hold 55.85% stake in the company. Shares short for CCL as of 1728950400 were 66957263 with a Short Ratio of 2.36, compared to 1726185600 on 84697605. Therefore, it implies a Short% of Shares Outstanding of 66957263 and a Short% of Float of 7.290000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.21.
