Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Royal Caribbean Group (NYSE: RCL) was $152.71 for the day, down -1.21% from the previous closing price of $154.58. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 1.68 million shares were traded. RCL stock price reached its highest trading level at $155.9 during the session, while it also had its lowest trading level at $150.39.
Ratios:
Our analysis of RCL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.19. In the meantime, Its Debt-to-Equity ratio is 3.62 whereas as Long-Term Debt/Eq ratio is at 3.39.
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 April 17, 2024, initiated with a Buy rating and assigned the stock a target price of $164.
On March 13, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $162.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 14 ’24 when Sorensen Vagn O bought 5,800 shares for $158.50 per share.
Holtz Naftali bought 5,350 shares of RCL for $749,000 on Aug 02 ’24. The Chief Financial Officer now owns 48,256 shares after completing the transaction at $140.00 per share. On Jul 30 ’24, another insider, Fain Richard D, who serves as the Director of the company, sold 19,338 shares for $156.25 each. As a result, the insider received 3,021,562 and left with 159,779 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, RCL now has a Market Capitalization of 39310610432 and an Enterprise Value of 60865658880. As of this moment, Royal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.03, and their Forward P/E ratio for the next fiscal year is 11.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56 while its Price-to-Book (P/B) ratio in mrq is 6.54. Its current Enterprise Value per Revenue stands at 3.97 whereas that against EBITDA is 11.682.
Stock Price History:
Over the past 52 weeks, RCL has reached a high of $173.37, while it has fallen to a 52-week low of $78.35. The 50-Day Moving Average of the stock is -2.62%, while the 200-Day Moving Average is calculated to be 15.49%.
Shares Statistics:
RCL traded an average of 2.47M shares per day over the past three months and 3681390 shares per day over the past ten days. A total of 256.42M shares are outstanding, with a floating share count of 236.71M. Insiders hold about 8.05% of the company’s shares, while institutions hold 84.94% stake in the company. Shares short for RCL as of 1722384000 were 16244081 with a Short Ratio of 6.57, compared to 1719532800 on 15863453. Therefore, it implies a Short% of Shares Outstanding of 16244081 and a Short% of Float of 9.21.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.52.
