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As of close of business last night, Carnival Corp.’s stock clocked out at $21.00, down -2.10% from its previous closing price of $21.45. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 15.9 million shares were traded. CCL stock price reached its highest trading level at $21.4 during the session, while it also had its lowest trading level at $20.82.
Ratios:
To gain a deeper understanding of CCL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.74. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 15 ’24 when Bernstein David sold 153,995 shares for $15.37 per share. The transaction valued at 2,367,088 led to the insider holds 181,981 shares of the business.
Bernstein David sold 34,020 shares of CCL for $579,891 on Jan 19 ’24. The CFO & CAO now owns 335,976 shares after completing the transaction at $17.05 per share.
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 28178849792 and an Enterprise Value of 56094117888. As of this moment, Carnival’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.70, and their Forward P/E ratio for the next fiscal year is 12.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 2.292 whereas that against EBITDA is 9.543.
Stock Price History:
Over the past 52 weeks, CCL has reached a high of $21.80, while it has fallen to a 52-week low of $10.84. The 50-Day Moving Average of the stock is 17.06%, while the 200-Day Moving Average is calculated to be 27.14%.
Shares Statistics:
It appears that CCL traded 28.81M shares on average per day over the past three months and 25601040 shares per day over the past ten 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 55.72% stake in the company. Shares short for CCL as of 1727654400 were 67823990 with a Short Ratio of 2.35, compared to 1724976000 on 84637714. Therefore, it implies a Short% of Shares Outstanding of 67823990 and a Short% of Float of 7.380000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.21.
