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Based on data from MarketBeat.com, Royal Caribbean Cruises has a consensus rating of "Moderate Buy" and an average target price of $136.94. A number of other institutional investors have also modified their holdings of the stock. West Branch Capital LLC boosted its holdings in Royal Caribbean Cruises by 50.0% in the fourth quarter. West Branch Capital LLC now owns 300 shares of the company's stock worth $39,000 after acquiring an additional 100 shares in the last quarter. Toth Financial Advisory Corp increased its holdings in shares of Royal Caribbean Cruises by 24.6% during the 4th quarter.
After Some Headwinds, NCL Stock Sets Up to Cruise Past RCL Stock - MarketBeat
After Some Headwinds, NCL Stock Sets Up to Cruise Past RCL Stock.
Posted: Tue, 16 Apr 2024 10:15:50 GMT [source]
Insider Buying and Selling
Macquarie boosted their price target on shares of Royal Caribbean Cruises from $145.00 to $160.00 and gave the company an "outperform" rating in a research report on Friday, March 15th. The Goldman Sachs Group restated a "buy" rating on shares of Royal Caribbean Cruises in a research report on Monday, April 1st. Finally, Susquehanna boosted their target price on shares of Royal Caribbean Cruises from $120.00 to $150.00 and gave the company a "positive" rating in a report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock.
Royal Caribbean Cruises MarketRank™ Stock Analysis
Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Royal Caribbean Cruises' stock is owned by a variety of retail and institutional investors.
Trending Analysis
Toth Financial Advisory Corp now owns 506 shares of the company's stock valued at $66,000 after purchasing an additional 100 shares in the last quarter. FSB ADV grew its position in Royal Caribbean Cruises by 14.3% during the fourth quarter. FSB ADV now owns 919 shares of the company's stock valued at $119,000 after buying an additional 115 shares during the period. Inc. raised its holdings in Royal Caribbean Cruises by 65.0% in the 3rd quarter.
Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.22%), Vaughan Nelson Investment Management L.P. (0.19%), Los Angeles Capital Management LLC (0.11%), Allspring Global Investments Holdings LLC (0.10%), State of Michigan Retirement System (0.03%) and Czech National Bank (0.02%). We think that the revenue growth of 57% could have some investors interested. We do see some companies suppress earnings in order to accelerate revenue growth. During the last year Royal Caribbean Cruises grew its earnings per share, moving from a loss to a profit.
Earnings and Valuation
When a company is just on the edge of profitability it can be well worth considering other metrics in order to more precisely gauge growth (and therefore understand share price movements). While Royal Caribbean Cruises currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on...
Better Cruise Line Stock: Carnival vs. Royal Caribbean Cruises - The Motley Fool
Better Cruise Line Stock: Carnival vs. Royal Caribbean Cruises.
Posted: Sun, 03 Mar 2024 08:00:00 GMT [source]
Royal Caribbean Cruises Ltd (RCL)
Mizuho targets FY24/FY25 EBITDA of $5.6B/$6.3B versus the Street estimates of $5.6B/$6.1B with 2025 upside EBITDA of $6.5B. “Our downside EBITDA scenario captures an environment where net cruise cost growth outstrips net yields, which we believe is conservative in light of recent trends. Further, we believe valuation vs Norwegian Cruise Line (NCLH) is compelling with diverging [free cash flow] trends,” Chaiken writes. The company has removed some costs from the system, which could drive upside to estimates, Chaiken further stated. Analyst initiates coverage of Royal Caribbean Cruises with Buy rating and price target of $164.
Provides a general description of the business conducted by this company. In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. It is not possible to predict or identify all such risks. Royal Caribbean Cruises plans to inaugurate Royal Beach Club in spring or summer 2025, which is "particularly geared for the short-duration cruise" and could be "a material yield driver," he added. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Royal Caribbean Cruises and its competitors with MarketBeat's FREE daily newsletter.
Be the first to know about important RCL news, forecast changes, insider trades & much more!Get Free RCL Updates
Royal Caribbean Cruises is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying. While this past week has detracted from the company's one-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment. Highlights important summary options statistics to provide a forward looking indication of investors' sentiment.
We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. If you are thinking of buying or selling Royal Caribbean Cruises stock, you should check out this free report showing analyst profit forecasts. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.
16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last twelve months. There are currently 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RCL shares.
© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. 545 employees have rated Royal Caribbean Cruises Chief Executive Officer Richard D. Fain on Glassdoor.com. Richard D. Fain has an approval rating of 95% among the company's employees. This puts Richard D. Fain in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). Royal Caribbean (RCL) has also become more cost-conscious post-COVID with net cruise costs of only 7.5% in 2023. Coupled with fewer days in dry dock, this will provide a tailwind to revenue. The Barchart Technical Opinion rating is a 72% Buy with a Strengthening short term outlook on maintaining the current direction. The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
Several equities research analysts recently issued reports on RCL shares. Mizuho assumed coverage on Royal Caribbean Cruises in a report on Wednesday. They issued a "buy" rating and a $164.00 price objective on the stock. UBS Group lifted their price target on Royal Caribbean Cruises from $148.00 to $154.00 and gave the stock a "buy" rating in a report on Friday, February 16th.
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