Currently, there are 1.16B common shares owned by the public and among those 998.28M shares have been available to trade.
The company’s stock has a 5-day price change of -2.96% and 20.15% over the past three months. CCL shares are trading -2.61% year to date (YTD), with the 12-month market performance up to 39.64% higher. It has a 12-month low price of $13.78 and touched a high of $27.17 over the same period. CCL has an average intraday trading volume of 22.67 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 -3.91%, -2.24%, and 29.38% respectively.
Institutional ownership of Carnival Corp (NYSE: CCL) shares accounts for 56.42% of the company’s 1.16B shares outstanding.
It has a market capitalization of $30.38B and a beta (3y monthly) value of 2.64. The stock’s trailing 12-month PE ratio is 17.45, while the earnings-per-share (ttm) stands at $1.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.06% over the week and 3.47% over the month.
Earnings per share for the fiscal year are expected to increase by 25.28%, and 17.40% over the next financial year.
Looking at the support for the CCL, a number of firms have released research notes about the stock. Stifel stated their Buy rating for the stock in a research note on December 23, 2024, with the firm’s price target at $32-$34. Citigroup coverage for the Carnival Corp (CCL) stock in a research note released on December 23, 2024 offered a Buy rating with a price target of $31. Barclays was of a view on December 23, 2024 that the stock is Overweight, while Bernstein gave the stock Mkt Perform rating on November 26, 2024, issuing a price target of $26. Mizuho on their part issued Buy rating on March 26, 2024.
