Currently, there are 1.16B common shares owned by the public and among those 1.04B shares have been available to trade.
The company’s stock has a 5-day price change of -3.32% and 19.15% over the past three months. CCL shares are trading 7.34% year to date (YTD), with the 12-month market performance up to 67.50% higher. It has a 12-month low price of $13.78 and touched a high of $28.72 over the same period. CCL has an average intraday trading volume of 20.34 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 2.21%, 3.80%, and 35.00% respectively.
Institutional ownership of Carnival Corp (NYSE: CCL) shares accounts for 54.70% of the company’s 1.16B shares outstanding.
It has a market capitalization of $34.67B and a beta (3y monthly) value of 2.65. The stock’s trailing 12-month PE ratio is 19.22, while the earnings-per-share (ttm) stands at $1.39. The company has a PEG of 1.01 and a Quick Ratio of 0.22 with the debt-to-equity ratio at 3.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.47% over the week and 3.49% over the month.
Earnings per share for the fiscal year are expected to increase by 24.91%, and 18.08% over the next financial year. EPS should grow at an annualized rate of 18.97% over the next five years, compared to -19.76% over the past 5-year period.
Looking at the support for the CCL, a number of firms have released research notes about the stock. Loop Capital stated their Hold rating for the stock in a research note on February 05, 2025, with the firm’s price target at $25. Loop Capital coverage for the Carnival Corp (CCL) stock in a research note released on February 05, 2025 offered a Hold rating with a price target of $225. Stifel was of a view on December 23, 2024 that the stock is Buy, while Citigroup gave the stock Buy rating on December 23, 2024, issuing a price target of $30- $31. Barclays on their part issued Overweight rating on December 23, 2024.
