In recent trading session, Carnival Corp (NYSE:CCL) saw 2.34 million shares changing hands at last check today with its beta currently measuring 2.68. Company’s recent per share price level of $25.44 trading at $0.3 or 1.19% at last check today assigns it a market valuation of $31.92B. That most recent trading price of CCL’s stock is at a discount of -1.42% from its 52-week high price of $25.80 and is indicating a premium of 45.83% from its 52-week low price of $13.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 21.2 million shares which gives us an average trading volume of 26.83 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 1.77. 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 0.07 in the current quarter.
Carnival Corp (NYSE:CCL) trade information
Upright in the green today for gaining 1.19%, in the last five days CCL remained trading in the green while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $25.44 price level, adding 1.4% to its value on the day. Carnival Corp’s shares saw a change of 37.22% in year-to-date performance and have moved 0.36% in past 5-day. Carnival Corp (NYSE:CCL) showed a performance of 14.80% in past 30-days. Number of shares sold short was 62.2 million shares which calculate 2.69 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a fall of -15.64% to its recent value today. Analysts have been projecting 16.5 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 35.14% in reaching the projected high whereas dropping to the targeted low would mean a gain of 35.14% for stock’s current value.
Carnival Corp (CCL) estimates and forecasts
This year revenue growth is estimated to rise 15.74% from the last financial year’s standing.
17 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 5.91B for the same. And 8 analysts are in estimates of company making revenue of 5.69B in the next quarter. Company posted 5.4B and 5.41B of sales in current and next quarters respectively a year earlier.
Carnival Corp (NYSE:CCL)’s Major holders
Insiders are in possession of 7.64% of company’s total shares while institution are holding 62.53 percent of that, with stock having share float percentage of 67.70%. Investors also watch the number of corporate investors in a company very closely, which is 62.53% 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.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 32.04 shares of worth $813.78 million or 2.78% of the total outstanding shares. The later fund manager was in possession of 26.46 shares on Sep 30, 2024 , making its stake of worth around $672.01 million in the company or a holder of 2.29% of company’s stock.
