In the latest trading session, 3.65 million Carnival Corp. (NYSE:CCL) shares changed hands as the company’s beta touched 2.69. With the company’s most recent per share price at $15.40 changing hands around $0.08 or 0.49% at last look, the market valuation stands at $19.51B. CCL’s current price is a discount, trading about -28.18% off its 52-week high of $19.74. The share price had its 52-week low at $10.84, which suggests the last value was 29.61% up since then. When we look at Carnival Corp.’s average trading volume, we note the 10-day average is 23.5 million shares, with the 3-month average coming to 29.66 million.
Analysts gave the Carnival Corp. (CCL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.68. If we narrow down to specifics, the data shows that 1 out of 25 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended CCL as a Hold, 20 felt it is a Buy and 0 rated the stock as Underweight. Carnival Corp.’s EPS for the current quarter is expected to be 1.15.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Carnival Corp. (NYSE:CCL) trade information
Instantly CCL is in green as seen in intraday trades today. With action 4.30%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -16.96%, with the 5-day performance at 4.30% in the green. However, in the 30-day time frame, Carnival Corp. (NYSE:CCL) is -19.27% down. Looking at the short shares, we see there were 82.4 million shares sold at short interest cover period of 3.16 days.
The consensus price target for the stock as assigned by Wall Street analysts is 22, meaning bulls need an upside of 30.0% from its recent market value. According to analyst projections, CCL’s forecast low is 13.5 with 38 as the target high. To hit the forecast high, the stock’s price needs a -146.75% plunge from its current level, while the stock would need to tank 12.34% for it to hit the projected low.
Carnival Corp. (CCL) estimates and forecasts
Year-over-year growth is forecast to reach 15.20% up from the last financial year.
Consensus estimates given by 16 financial analysts project the company’s revenue in the current quarter to hit an average of 7.81B. 16 analysts are of the opinion that Carnival Corp.’s revenue for the current quarter will be 5.88B. The estimates for the next quarter sales put growth at 8.90%.
CCL Dividends
Carnival Corp. is expected to release its next quarterly earnings report on 2024-Sep-27. During the past 5 years, the average dividend yield was 4.21 per year.
Carnival Corp. (NYSE:CCL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.86% of Carnival Corp. shares while 63.60% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 69.03%. There are 63.60% institutions holding the Carnival Corp. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.985% of the shares, roughly 113.84 million CCL shares worth $2.13 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.4275% or 68.77 million shares worth $1.29 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 31.63 shares estimated at $485.87 million under it, the former controlled 2.82% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.26% of the shares, roughly 25.39 shares worth around $389.99 million.
