In recent trading session, Carnival Corporation & Plc (NYSE:CCL) saw 18,352,246 shares changing hands with its beta currently measuring 2. Company’s recent per share price level of $13.81 trading at -$0.21 or -1.5% at recent trade assigns it a market valuation of $12.2 Billion. That current trading price of CCL’s stock is at a discount of -276.1% from its 52-week high price of $51.94 and is indicating a premium of 43.52% from its 52-week low price of $7.8. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 35.97 Million shares which gives us an average trading volume of 35.83 Million if we extend that period to 3-months.
For Carnival Corporation & Plc (CCL), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.9. Splitting up the data highlights that, out of 19 analysts covering the stock, 3 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 12 suggested the stock as a Hold whereas 2 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$1.86 in the current quarter.
Carnival Corporation & Plc (NYSE:CCL) trade information
In the face of being in the red today for losing -1.5%, in the last five days CCL remained trading in the green while hitting it’s week-highest on Monday, Oct 12 when the stock touched $15.51- price level, adding 10.93% to its value on the day. Carnival Corporation & Plc’s shares saw a change of -72.82% in year-to-date performance and have moved -11.95% in past 5-day. Carnival Corporation & Plc (NYSE:CCL) showed a performance of -16.07% in past 30-days. Number of shares sold short was 96.28 Million shares which calculate 2.69 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $16.17 to the stock, which implies a rise of 17.09% to its current value. Analysts have been projecting $10 as a low price target for the stock while placing it at a high target of $29.09. It follows that stock’s current price would jump +110.64% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.59% for stock’s current value.
Carnival Corporation & Plc (CCL) estimates and forecasts
Statistics highlight that Carnival Corporation & Plc is scoring comparatively lower than the scores of other players of the relevant industry. The company added +11.62% of value to its shares in past 6 months, showing an annual growth rate of -267.95% while that of industry is -17.8. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -400% in the current quarter and calculating -822.7% decline in the next quarter. This year revenue growth is estimated to drop -72.4% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $227.65 Million for the same. And 6 analysts are in estimates of company making revenue of $717.38 Million in the next quarter that will end in February 01, 2021. Company posted $4.78 Billion and $4.79 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -95.2% while estimating it to be -85% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.6% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -2.7% while estimates for its earnings growth in next 5 years are of 0%