Morgan Stanley raised the price target for the Royal Caribbean Cruises Ltd. (NYSE:RCL) stock from “an Underweight” to “an Equal-weight”. The rating was released on January 10, 2023, according to finviz. We previously noted in another research note published on December 06, 2022 by JP Morgan that downgraded the stock from an Overweight to an Underweight with a price target of $47 for RCL stock. The research report from Barclays has initiated the stock to Overweight, with a price target set at $56. The stock was initiated by Susquehanna, who disclosed in a research note on June 09, 2022, to Positive and set the price objective to $70. In their research brief published March 30, 2022, Wells Fargo analysts initiated the Royal Caribbean Cruises Ltd. stock to Overweight with a price target of $93.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Royal Caribbean Cruises Ltd. (NYSE:RCL) raised 0.62% to close Monday’s market session at $63.38, higher as compared to yesterday’s close. The stock price fluctuated between $62.95 and $63.8656 throughout the trading session with the volume trading being 3252672 shares, which represented a significant variation when compared to the three months average volume of 4.46 million shares. The firm’s stock price fluctuated -0.16% within the last five trades and 24.57% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 81.76% in the last 6 months and 33.38% was added to its value over the previous 3 months. RCL stock is trading at a margin of 14.36%, 12.05% and 22.51% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, RCL deals in the Consumer Cyclical domain. The stock is trading -30.01 percent below its 52-week high and 103.86 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 0.9. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Royal Caribbean Cruises Ltd.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -25.30 percent and the profit margin is -41.70 percent, and the company has reported a gross margin of 19.00 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $15.61 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 19.30. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 2.16 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 5.04, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.20 percent of Royal Caribbean Cruises Ltd. shares are owned by insiders, and 73.90 percent are held by financial institutions. Wilhelmsen Arne Alexander, the Director at Royal Caribbean Cruises Ltd. (RCL) has sold 13,600 shares of firm on Dec 13 at a price of $58.19 against the total amount of $0.79 million. In another inside trade, Wilhelmsen Arne Alexander, Director of Royal Caribbean Cruises Ltd. (NYSE:RCL) sold 78,927 shares of the firm on Dec 12 for a total worth of $4.5 million at a price of $57.00. An inside trade which took place on Dec 08, Director of Royal Caribbean Cruises Ltd. Wilhelmsen Arne Alexander sold 9,762 shares of firm against total price of $0.57 million at the cost of $58.00 per share.