While Carnival Corp has underperformed by -2.51%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CCL rose by 67.50%, with highs and lows ranging from $28.72 to $13.78, whereas the simple moving average jumped by 35.00% in the last 200 days.
On February 05, 2025, Loop Capital started tracking Carnival Corp (NYSE: CCL) recommending Hold. A report published by Loop Capital on February 05, 2025, Initiated its previous ‘Hold’ rating for CCL. Stifel also reiterated CCL shares as ‘Buy’, quoting a target price of $34 on the company’s shares in a report dated December 23, 2024. Citigroup Reiterated the rating as Buy on December 23, 2024, but set its price target from $30 to $31. Barclays resumed its ‘Overweight’ rating for CCL, as published in its report on December 23, 2024. Bernstein’s report from November 26, 2024 suggests a price prediction of $26 for CCL shares, giving the stock a ‘Mkt Perform’ rating. Mizuho also rated the stock as ‘Buy’.
Analysis of Carnival Corp (CCL)
Further, the quarter-over-quarter increase in sales is 10.02%, showing a positive trend in the upcoming months.
One of the most important indicators of Carnival Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 23.75% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.22, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CCL is recording 20.34M average volume. On a monthly basis, the volatility of the stock is set at 3.49%, whereas on a weekly basis, it is put at 3.47%, with a loss of -3.32% over the past seven days. Furthermore, long-term investors anticipate a median target price of $30.29, showing growth from the present price of $26.75, which can serve as yet another indication of whether CCL is worth investing in or should be passed over.
How Do You Analyze Carnival Corp Shares?
The Travel Services market is dominated by Carnival Corp (CCL) based in the USA. When comparing Carnival Corp shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 19.22, there is a growth in quarterly earnings of 707.63%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 20.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 54.70% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CCL shares are owned by institutional investors to the tune of 54.70% at present.
