Carnival Co. & (NYSE:CCL – Get Free Report) posted its earnings results on Wednesday. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.04, Briefing.com reports. The firm had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.42 billion. Carnival Co. & had a net margin of 1.79% and a return on equity of 7.75%. The company’s revenue was up 22.0% on a year-over-year basis. During the same period last year, the firm posted ($0.55) EPS.
Carnival Co. & Price Performance
CCL stock opened at $16.34 on Friday. The company has a current ratio of 0.36, a quick ratio of 0.41 and a debt-to-equity ratio of 4.27. Carnival Co. & has a one year low of $8.70 and a one year high of $19.74. The firm has a market capitalization of $18.29 billion, a PE ratio of 62.85 and a beta of 2.54. The firm has a 50-day moving average of $16.04 and a two-hundred day moving average of $15.34.
Insider Buying and Selling at Carnival Co. &
In other Carnival Co. & news, CFO David Bernstein sold 153,995 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $15.37, for a total transaction of $2,366,903.15. Following the completion of the sale, the chief financial officer now directly owns 181,981 shares of the company’s stock, valued at $2,797,047.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 11.00% of the company’s stock.
Institutional Trading of Carnival Co. &
Analyst Upgrades and Downgrades
CCL has been the topic of several research reports. Susquehanna lowered their price objective on shares of Carnival Co. & from $23.00 to $22.00 and set a “positive” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Carnival Co. & from $14.00 to $18.00 and gave the stock a “hold” rating in a research report on Friday, December 22nd. JPMorgan Chase & Co. lifted their target price on shares of Carnival Co. & from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Thursday. William Blair reiterated an “outperform” rating on shares of Carnival Co. & in a research note on Tuesday, March 19th. Finally, Truist Financial lifted their target price on shares of Carnival Co. & from $15.00 to $18.00 and gave the stock a “hold” rating in a research report on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Carnival Co. & has an average rating of “Moderate Buy” and an average target price of $21.42.
View Our Latest Report on Carnival Co. &
About Carnival Co. &
Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.
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