Carnival Corporation & plc (NYSE:CUK) has a beta value of 2.21 and has seen 0.41 million shares traded in the recent trading session. The company, currently valued at $12.84B, closed the recent trade at $9.73 per share which meant it gained $0.06 on the day or 0.67% during that session. The CUK stock price is -127.34% off its 52-week high price of $22.12 and 44.19% above the 52-week low of $5.43. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.79 million shares traded. The 3-month trading volume is 2.16 million shares.
Carnival Corporation & plc (NYSE:CUK) trade information
Sporting 0.67% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, 01/23/23 when the CUK stock price touched $9.73 or saw a rise of 3.18%. Year-to-date, Carnival Corporation & plc shares have moved 34.49%, while the 5-day performance has seen it change 2.55%. Over the past 30 days, the shares of Carnival Corporation & plc (NYSE:CUK) have changed 34.12%. Short interest in the company has seen 4.63 million shares shorted with days to cover at 2.43.
Wall Street analysts have a consensus price target for the stock at $10.26, which means that the shares’ value could jump 5.17% from the levels at last check today. The projected low price target is $6.00 while the price target rests at a high of $18.00. In that case, then, we find that the latest price level in today’s session is -84.99% off the targeted high while a plunge would see the stock lose 38.34% from the levels at last check today.
Carnival Corporation & plc (CUK) estimates and forecasts
The company’s shares have gained 17.50% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 67.80%.
1 analysts offering their estimates for the company have set an average revenue estimate of $20.42 billion for the current quarter.
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 -33.70% over the past 5 years. Earnings growth for 2023 is a modest 35.90% while over the next 5 years, the company’s earnings are expected to increase by 13.40%.
Carnival Corporation & plc is expected to release its next earnings report between December 18 and December 22 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Carnival Corporation & plc (NYSE:CUK)’s Major holders
Insiders own 0.00% of the company shares, while shares held by institutions stand at 20.69% with a share float percentage of 20.69%. Investors are also buoyed by the number of investors in a company, with Carnival Corporation & plc having a total of 85 institutions that hold shares in the company. The top two institutional holders are Aristeia Capital, LLC with over 11.25 million shares worth more than $109.72 million. As of Sep 29, 2022, Aristeia Capital, LLC held 7.73% of shares outstanding.
The other major institutional holder is Janus Henderson Group PLC, with the holding of over 2.54 million shares as of Sep 29, 2022. The firm’s total holdings are worth over $24.81 million and represent 1.75% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are DFA International Core Equity Portfolio and Dimensional ETF Tr-Dimensional International Core Equity 2 ETF. As of Oct 30, 2022, the former fund manager holds about 0.08% shares in the company for having 0.12 million shares of worth $1.19 million while later fund manager owns 11266.0 shares of worth $0.11 million as of Oct 30, 2022, which makes it owner of about 0.01% of company’s outstanding stock.