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The closing price of Carnival Corp (NYSE: CCL) was $28.49 for the day, up 2.08% from the previous closing price of $27.91. In other words, the price has increased by $2.08 from its previous closing price. On the day, 19.89 million shares were traded. CCL stock price reached its highest trading level at $28.5 during the session, while it also had its lowest trading level at $28.01.
Ratios:
Our analysis of CCL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 3.12 whereas as Long-Term Debt/Eq ratio is at 2.94.
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, Stifel on December 23, 2024, Reiterated its Buy rating but revised its target price to $34 from $32 previously.
On December 23, 2024, Citigroup reiterated its Buy rating and also lowered its target price recommendation from $30 to $31.
Barclays reiterated its Overweight rating for the stock on December 23, 2024, while the target price for the stock was revised from $31 to $32.
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 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 38515347456 and an Enterprise Value of 61533511680. As of this moment, Carnival’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.47, and their Forward P/E ratio for the next fiscal year is 13.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 2.514 whereas that against EBITDA is 10.468.
Stock Price History:
The Beta on a monthly basis for CCL is 2.65, which has changed by 0.6976886 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, CCL has reached a high of $28.12, while it has fallen to a 52-week low of $13.78. The 50-Day Moving Average of the stock is 11.75%, while the 200-Day Moving Average is calculated to be 46.68%.
Shares Statistics:
CCL traded an average of 21.33M shares per day over the past three months and 23824710 shares per day over the past ten days. A total of 1.16B shares are outstanding, with a floating share count of 998.27M. Insiders hold about 21.23% of the company’s shares, while institutions hold 56.51% stake in the company. Shares short for CCL as of 1732838400 were 66944497 with a Short Ratio of 3.08, compared to 1730332800 on 62929794. Therefore, it implies a Short% of Shares Outstanding of 66944497 and a Short% of Float of 7.290000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.21. The current Payout Ratio is 0.00% for CCL, which recently paid a dividend on 2020-02-20 with an ex-dividend date of 1582156800. Stock splits for the company last occurred on 1998-06-15 when the company split stock in a 2:1 ratio.
