Currently, there are 268.90M common shares owned by the public and among those 244.35M shares have been available to trade.
The company’s stock has a 5-day price change of 9.03% and 30.63% over the past three months. RCL shares are trading 14.98% year to date (YTD), with the 12-month market performance up to 107.70% higher. It has a 12-month low price of $113.10 and touched a high of $258.70 over the same period. RCL has an average intraday trading volume of 2.01 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 13.40%, 11.38%, and 45.36% respectively.
Institutional ownership of Royal Caribbean Group (NYSE: RCL) shares accounts for 79.17% of the company’s 268.90M shares outstanding.
It has a market capitalization of $71.32B and a beta (3y monthly) value of 2.59. The stock’s trailing 12-month PE ratio is 25.15, while the earnings-per-share (ttm) stands at $10.55. The company has a PEG of 1.34 and a Quick Ratio of 0.15 with the debt-to-equity ratio at 2.75. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.47% over the week and 3.04% over the month.
Earnings per share for the fiscal year are expected to increase by 23.55%, and 17.55% over the next financial year. EPS should grow at an annualized rate of 18.77% over the next five years, compared to 4.10% over the past 5-year period.
Looking at the support for the RCL, a number of firms have released research notes about the stock. Bernstein stated their Outperform rating for the stock in a research note on November 26, 2024, with the firm’s price target at $290. Citigroup coverage for the Royal Caribbean Group (RCL) stock in a research note released on October 09, 2024 offered a Buy rating with a price target of $253. Mizuho was of a view on April 17, 2024 that the stock is Buy, while Goldman gave the stock Buy rating on March 13, 2024, issuing a price target of $162. Citigroup on their part issued Buy rating on November 21, 2023.
