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The price of Carnival Corp. (NYSE: CCL) closed at $16.63 in the last session, down -2.41% from day before closing price of $17.04. In other words, the price has decreased by -$2.41 from its previous closing price. On the day, 23.48 million shares were traded. CCL stock price reached its highest trading level at $17.0201 during the session, while it also had its lowest trading level at $16.49.
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 12.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.25. In the meantime, Its Debt-to-Equity ratio is 4.50 whereas as Long-Term Debt/Eq ratio is at 4.16.
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 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. On Oct 19 ’23, another insider, WEISENBURGER RANDALL J, who serves as the Director of the company, bought 100,000 shares for $11.50 each. As a result, the insider paid 1,150,000 and bolstered with 378,368 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 22324609024 and an Enterprise Value of 50101051392. As of this moment, Carnival’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.52, and their Forward P/E ratio for the next fiscal year is 10.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 2.138 whereas that against EBITDA is 9.509.
Stock Price History:
Over the past 52 weeks, CCL has reached a high of $19.74, while it has fallen to a 52-week low of $10.84. The 50-Day Moving Average of the stock is -0.67%, while the 200-Day Moving Average is calculated to be 3.19%.
Shares Statistics:
According to the various share statistics, CCL traded on average about 29.38M shares per day over the past 3-months and 24562280 shares per day over the past 10 days. A total of 1.12B shares are outstanding, with a floating share count of 998.01M. Insiders hold about 21.25% of the company’s shares, while institutions hold 56.81% stake in the company. Shares short for CCL as of 1723680000 were 83866710 with a Short Ratio of 2.85, compared to 1721001600 on 87737075. Therefore, it implies a Short% of Shares Outstanding of 83866710 and a Short% of Float of 9.46.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.21.
