Market Recap Check: Royal Caribbean Group (RCL)’s Positive Finish at 136.73, Up/Down 0.04

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

The price of Royal Caribbean Group (NYSE: RCL) closed at $136.73 in the last session, up 0.04% from day before closing price of $136.67. In other words, the price has increased by $0.04 from its previous closing price. On the day, 2.99 million shares were traded. RCL stock price reached its highest trading level at $138.13 during the session, while it also had its lowest trading level at $136.25.

Ratios:

We take a closer look at RCL’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 70.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 0.19. In the meantime, Its Debt-to-Equity ratio is 4.68 whereas as Long-Term Debt/Eq ratio is at 4.31.

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:

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 Feb 13 ’24 when Bayley Michael W sold 11,753 shares for $116.01 per share. The transaction valued at 1,363,486 led to the insider holds 166,537 shares of the business.

Wilhelmsen Arne Alexander sold 284,766 shares of RCL for $34,664,565 on Dec 14 ’23. The Director now owns 19,167,507 shares after completing the transaction at $121.73 per share. On Dec 13 ’23, another insider, Wilhelmsen Arne Alexander, who serves as the Director of the company, sold 400,000 shares for $119.98 each. As a result, the insider received 47,992,000 and left with 19,452,273 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 35186917376 and an Enterprise Value of 56898772992. As of this moment, Royal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.20, and their Forward P/E ratio for the next fiscal year is 11.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 7.42. Its current Enterprise Value per Revenue stands at 4.093 whereas that against EBITDA is 13.083.

Stock Price History:

Over the past 52 weeks, RCL has reached a high of $141.70, while it has fallen to a 52-week low of $59.37. The 50-Day Moving Average of the stock is 6.42%, while the 200-Day Moving Average is calculated to be 23.19%.

Shares Statistics:

According to the various share statistics, RCL traded on average about 2.85M shares per day over the past 3-months and 2999690 shares per day over the past 10 days. A total of 256.42M shares are outstanding, with a floating share count of 235.75M. Insiders hold about 8.14% of the company’s shares, while institutions hold 80.68% stake in the company. Shares short for RCL as of 1711584000 were 15358297 with a Short Ratio of 5.40, compared to 1709164800 on 15130007. Therefore, it implies a Short% of Shares Outstanding of 15358297 and a Short% of Float of 8.7299995.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.52.

Most Popular

[the_ad id="945"]