Carnival Corporation & plc (NYSE:CCL) has a beta value of 2.32 and has seen 19,397,297 shares traded in the recent trading session. The company, currently valued at $31.37 Billion, closed the recent trade at $26.3 per share which meant it lost -$1.63 on the day or -5.85% during that session. The CCL stock price is -14.52% off its 52-week high price of $30.12 and 58.37% above the 52-week low of $10.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 21.22 Million shares traded. The 3-month trading volume is 43.02 Million shares.
The consensus among analysts is that Carnival Corporation & plc (CCL) is a Hold stock at the moment, with a recommendation rating of 2.6. 4 analysts rate the stock as a Sell, while none rate it as Overweight. 9 out of 21 have rated it as a Hold, with 7 advising it as a Buy. 1 have rated the stock as Underweight.
Carnival Corporation & plc (NYSE:CCL) trade information
Despite being -5.85% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the CCL stock price touched $29.14- or saw a rise of 9.15%. Year-to-date, Carnival Corporation & plc shares have moved 22.22%, while the 5-day performance has seen it change -4.81%. Over the past 30 days, the shares of Carnival Corporation & plc (NYSE:CCL) have changed -1.44%. Short interest in the company has seen 60.78 Million shares shorted with days to cover at 1.41.
Wall Street analysts have a consensus price target for the stock at $27.55, which means that the shares’ value could jump 4.75% from the levels at last check today. The projected low price target is $14.7 while the price target rests at a high of $41. In that case, then, we find that the latest price level in today’s session is +55.89% off the targeted high while a plunge would see the stock lose -44.11% from the levels at last check today.
Carnival Corporation & plc (CCL) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -51% over the past 5 years. Earnings growth for 2021 is a modest -405.7%.
Carnival Corporation & plc (NYSE:CCL)’s Major holders
Insiders own 9.06% of the company shares, while shares held by institutions stand at 51.54% with a share float percentage of 56.67%. Investors are also buoyed by the number of investors in a company, with Carnival Corporation & plc having a total of 1027 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 63.06 Million shares worth more than $1.37 Billion. As of December 30, 2020, Vanguard Group, Inc. (The) held 6.48% of shares outstanding.
The other major institutional holder is Public Investment Fund, with the holding of over 50.83 Million shares as of December 30, 2020. The firm’s total holdings are worth over $1.1 Billion and represent 5.22% of shares outstanding.
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Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of December 30, 2020, the former fund manager holds about 1.61% shares in the company for having 15653429 shares of worth $339.05 Million while later fund manager owns 14.89 Million shares of worth $322.58 Million as of December 30, 2020, which makes it owner of about 1.53% of company’s outstanding stock.