Carnival Corp. (NYSE:CCL)’s 12-Month Price Target Currently Stands At 38

In recent trading session, Carnival Corp. (NYSE:CCL) saw 8.2 million shares changing hands at last check today with its beta currently measuring 2.70. Company’s recent per share price level of $18.76 trading at $0.08 or 0.43% at last check today assigns it a market valuation of $23.77B. That most recent trading price of CCL’s stock is at a discount of -5.22% from its 52-week high price of $19.74 and is indicating a premium of 42.22% from its 52-week low price of $10.84. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 29.31 million shares which gives us an average trading volume of 26.62 million if we extend that period to 3-months.

For Carnival Corp. (CCL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.68. Splitting up the data highlights that, out of 25 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 20 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.16 in the current quarter.

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Carnival Corp. (NYSE:CCL) trade information

Upright in the green today for gaining 0.43%, in the last five days CCL remained trading in the red while hitting it’s week-highest on Monday, 09/23/24 when the stock touched $18.76 price level, adding 1.37% to its value on the day. Carnival Corp.’s shares saw a change of 1.19% in year-to-date performance and have moved -1.26% in past 5-day. Carnival Corp. (NYSE:CCL) showed a performance of 12.81% in past 30-days. Number of shares sold short was 84.7 million shares which calculate 3.64 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 14.73% to its recent value today. Analysts have been projecting 13.5 as a low price target for the stock while placing it at a high target of 38. It follows that stock’s current price would jump 28.04% in reaching the projected high whereas dropping to the targeted low would mean a gain of 28.04% for stock’s current value.

Carnival Corp. (CCL) estimates and forecasts

This year revenue growth is estimated to rise 15.20% from the last financial year’s standing.

16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7.83B for the same. And 16 analysts are in estimates of company making revenue of 5.89B in the next quarter.

Carnival Corp. (NYSE:CCL)’s Major holders

Insiders are in possession of 7.86% of company’s total shares while institution are holding 63.52 percent of that, with stock having share float percentage of 68.93%. Investors also watch the number of corporate investors in a company very closely, which is 63.52% institutions for Carnival Corp. that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CCL for having 113.84 million shares of worth $2.13 billion. And as of 2024-06-30, it was holding 8.985 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 68.77 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4275 of outstanding shares, having a total worth of $1.29 billion.