Currently, there are 256.42M common shares owned by the public and among those 236.71M shares have been available to trade.
The company’s stock has a 5-day price change of -4.26% and 4.89% over the past three months. RCL shares are trading 16.04% year to date (YTD), with the 12-month market performance up to 44.59% higher. It has a 12-month low price of $78.35 and touched a high of $173.37 over the same period. RCL has an average intraday trading volume of 2.27 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.00%, -3.81%, and 15.50% respectively.
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Institutional ownership of Royal Caribbean Group (NYSE: RCL) shares accounts for 82.91% of the company’s 256.42M shares outstanding.
It has a market capitalization of $38.68B and a beta (3y monthly) value of 2.60. The stock’s trailing 12-month PE ratio is 16.76, while the earnings-per-share (ttm) stands at $8.96. The company has a PEG of 0.54 and a Quick Ratio of 0.17 with the debt-to-equity ratio at 3.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.17% over the week and 3.78% over the month.
Analysts forecast that Royal Caribbean Group (RCL) will achieve an EPS of 5.0 for the current quarter, 1.54 for the next quarter and 13.33 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 4.92 while analysts give the company a high EPS estimate of 4.92. Comparatively, EPS for the current quarter was 3.85 a year ago. Earnings per share for the fiscal year are expected to increase by 69.55%, and 16.20% over the next financial year. EPS should grow at an annualized rate of 30.85% over the next five years, compared to -6.87% over the past 5-year period.
Looking at the support for the RCL, a number of firms have released research notes about the stock. Mizuho stated their Buy rating for the stock in a research note on April 17, 2024, with the firm’s price target at $164. Goldman coverage for the Royal Caribbean Group (RCL) stock in a research note released on March 13, 2024 offered a Buy rating with a price target of $162. Citigroup was of a view on November 21, 2023 that the stock is Buy, while HSBC Securities gave the stock Buy rating on October 23, 2023, issuing a price target of $115. Truist on their part issued Buy rating on September 19, 2023.
