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Carnival (CCL)
NYSE:CCL
Carnival (CCL) Stock Price & Analysis
11,515 Followers
CCL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.84 - $19.74
Previous Close$16.51
Volume26.39M
Average Volume (3M)30.19M
Market Cap
$18.95B
Enterprise Value$50.43B
Total Cash (Recent Filing)$2.24B
Total Debt (Recent Filing)$32.02B
Price to Earnings (P/E)64.2
Beta2.22
Next Earnings
Jun 25, 2024EPS Estimate
-$0.02Last Dividend Ex-Date
Feb 20, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)0.26
Shares Outstanding1,309,995,783
10 Day Avg. Volume26,831,393
30 Day Avg. Volume30,190,467
Standard Deviation0.20
R-Squared0.44
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)4.44
Price to Sales (P/S)0.86
Price to Cash Flow (P/CF)3.10
P/FCF Ratio54.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.09
Enterprise Value/Gross Profit6.93
Enterprise Value/Ebitda17.23
Forecast
1Y Price Target
$22.00Price Target Upside45.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Carnival News
PremiumMarket News
SPY ETF Update, 5/29/2024 
PremiumMarket News
SPY ETF Update, 5/17/2024 
Bulls Say, Bears Say
Bulls Say
Fleet ExpansionThe Carnival brand is growing, adding eight ships to its fleet from '21-'28, including three from Costa and two from P&O Australia.
Market PositionCCL will operate 4 ships under the Carnival brand in Australia, maintaining its position as the largest operator in the region with 60% of the market.
Revenue GrowthOngoing capacity expansion and the introduction of new offerings like Celebration Key are set to drive increasing revenue growth and yield.
Bears Say
Financial GuidanceExogenous headwinds have limited the raise in FY24 earnings guidance, suggesting potential challenges ahead.
Infrastructure ImpactThe Francis Scott Key Bridge collapse in Baltimore has an estimated impact of up to $10M in adjusted EBITDA and adjusted net income for FY2024.
Revenue ExpectationsOnboard revenue missed slightly due to a higher occupancy recovery in Europe where passengers spend less.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Carnival
Desktop Users
Mobile Users
CCL FAQ
What was Carnival’s price range in the past 12 months?
Carnival lowest stock price was $10.84 and its highest was $19.74 in the past 12 months.
What is Carnival’s market cap?
Currently, no data Available
When is Carnival’s upcoming earnings report date?
Carnival’s upcoming earnings report date is Jun 25, 2024 which is in 11 days.
How were Carnival’s earnings last quarter?
Carnival released its earnings results on Mar 27, 2024. The company reported -$0.14 earnings per share for the quarter, beating the consensus estimate of -$0.177 by $0.037.
Is Carnival overvalued?
According to Wall Street analysts Carnival’s price is currently Undervalued.
Does Carnival pay dividends?
Carnival pays a Quarterly dividend of $0.5 which represents an annual dividend yield of N/A. See more information on Carnival dividends here
What is Carnival’s EPS estimate?
Carnival’s EPS estimate is -$0.02.
How many shares outstanding does Carnival have?
Carnival has 1,122,320,400 shares outstanding.
What happened to Carnival’s price movement after its last earnings report?
Carnival reported an EPS of -$0.14 in its last earnings report, beating expectations of -$0.177. Following the earnings report the stock price went up 0.94%.
Which hedge fund is a major shareholder of Carnival?
Among the largest hedge funds holding Carnival’s share is PRIMECAP Management Co. It holds Carnival’s shares valued at 104M.
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Carnival Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$22.00 (45.21% Upside)
$22.00 (45.21% Upside)
Blogger Sentiment
Bullish
CCL Sentiment 80%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 44.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days >0.1%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.62%
12-Months-Change
Fundamentals
Return on Equity
6.30%
Trailing 12-Months
Asset Growth
-4.28%
Trailing 12-Months
Company Description
Carnival
Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America, Europe, Australia, and Asia (EEA), Cruise Support, and Tour and Other. The North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe, Australia, and Asia (EEA) segment comprises of AIDA, Costa, Cunard, P&O Cruises (Australia), P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.
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CCL Earnings Call
Q1 2024
0:00 / 0:00
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CCL Stock 12 Month Forecast
Average Price Target
$22.00
▲(45.21% Upside)
Technical Analysis
Best Analysts Covering CCL
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+21.77%
reiterated a buy rating 3 months ago
Copying Benjamin Chaiken's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +21.77% per trade.
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