Carnival Corp (CCL) Stock: A Deeper Look at Its True Potential

Stifel has recently reiterated Carnival Corp (CCL) stock to Buy rating, as announced on December 23, 2024, according to Finviz. Earlier, on December 23, 2024, Citigroup had reiterated the stock to Buy, setting a price target of $31 for CCL stock. Barclays also reiterated Overweight rating with a price target of $32. Additionally, Bernstein initiated Mkt Perform rating on November 26, 2024, with a target price of $26. Mizuho analysts, in their report published on March 26, 2024, also initiated Buy rating for Carnival Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.

Carnival Corp (CCL) Stock Trading Recap

On Tuesday, Carnival Corp (CCL) stock saw a modest uptick, ending the day at $24.51 which represents a slight increase of $0.62 or 2.60% from the prior close of $23.89. The stock opened at $24.08 and touched a low of $23.83 during the day, reaching a high of $24.59. The volume of shares traded was 16.23 million falling short of the average volume of 21.40 million.


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CCL Stock Performance and Moving Averages

In recent trading, Carnival Corp (CCL) stock price has shown some volatility, fluctuating 1.57% over the last five trades and -7.89% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 33.79%, and it has gained 19.97% in the previous three months. Currently, CCL is trading at -2.11%, -1.60%, and 30.16% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, CCL, a Consumer Cyclical sector stock, is trading -9.77% below its 52-week high but remains 77.87% above its 52-week low. The Average True Range (ATR) (14 days) of 0.86 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Carnival Corp’s Profitability and Valuation Ratios

Carnival Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of 14.28% and a profit margin of 7.66%, with a gross margin of 33.79%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Carnival Corp’s market capitalization stands at $30.69 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 17.62, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 11.73. Additionally, the Price-to-Sales Ratio is 1.23, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 3.47, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 21.23% of Carnival Corp (CCL)’s shares, while financial institutions hold 56.42%.

Notable insider trades include BAND SIR JONATHON, Director at Carnival Corp (CCL), who sold 17500 shares on Oct 29 ’24, at $21.72 each, totaling $0.38 million. On Feb 15 ’24, Bernstein David, CFO & CAO, sold 153995 shares for $15.37 each, amounting to $2.37 million. Additionally, on Jan 19 ’24, Bernstein David sold 34020 shares at $17.05 each, generating $0.58 million.

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