Royal Caribbean Group (RCL) concluded trading on Thursady at a closing price of $122.56, with 6.05 million shares of worth about $741.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.35% during that period and on Thursady the price saw a gain of about 6.67%. Currently the company’s common shares owned by public are about 256.42M shares, out of which, 234.91M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 30 times over the past 12 months. They bought 28,713 shares in 6 of the transactions. In 24 selling transactions, insiders dumped 1,057,140 shares.
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
Stock saw a price change of 5.08% in past 5 days and over the past one month there was a price change of -2.11%. Year-to-date (YTD), RCL shares are showing a performance of -5.35% which increased to 70.79% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $59.37 but also hit the highest price of $133.77 during that period. The average intraday trading volume for Royal Caribbean Group shares is 2.69 million. The stock is currently trading 1.22% above its 20-day simple moving average (SMA20), while that difference is down -0.05% for SMA50 and it goes to 20.18% higher than SMA200.
Royal Caribbean Group (NYSE: RCL) currently have 256.42M outstanding shares and institutions hold larger chunk of about 80.63% of that.
The stock has a current market capitalization of $31.40B and its 3Y-monthly beta is at 2.54. PE ratio of stock for trailing 12 months is 19.68, while it has posted earnings per share of $6.23 in the same period. Its PEG reads 0.74 and has Quick Ratio of 0.16 while making debt-to-equity ratio of 4.68. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RCL, volatility over the week remained 2.22% while standing at 3.12% over the month.
Analysts are in expectations that Royal Caribbean Group (RCL) stock would likely to be making an EPS of $1.16 in the current quarter, while forecast for next quarter EPS is $2.35 and it is $11.44 for next year. For the current quarter EPS, analysts have given the company a lowest target $1 which is $1.28 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.23 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 44.34% while it is estimated to increase by 17.08% in next year. EPS is likely to grow at an annualized rate of 26.70% for next 5-years, compared to annual growth of -6.87% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on November 21, 2023 offering a Buy rating for the stock and assigned a target price of $127 to it. Coverage by HSBC Securities stated Royal Caribbean Group (RCL) stock as a Buy in their note to investors on October 23, 2023, suggesting a price target of $115 for the stock. On September 19, 2023, Truist Upgrade their recommendations, while on May 16, 2023, Argus Upgrade their ratings for the stock with a price target of $88. Stock get an Overweight rating from JP Morgan on April 28, 2023.
