Carnival Corp (NYSE: CCL) on Friday, plunged -2.52% from the previous trading day, before settling in for the closing price of $25.01. Within the past 52 weeks, CCL’s price has moved between $13.78 and $27.17.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 98.41%. The company achieved an average annual earnings per share of 24.05%. With a float of $998.28 million, this company’s outstanding shares have now reached $1.16 billion.
In terms of profitability, gross margin is 33.53%, operating margin of 15.58%, and the pretax margin is 8.35%.
Carnival Corp (CCL) Insider Activity
Observing investor behavior towards Travel Services industry stocks is more important than anything else. The insider ownership of Carnival Corp is 21.23%, while institutional ownership is 56.42%. The most recent insider transaction that took place on Oct 29 ’24, was worth 380,100. In this transaction Director of this company sold 17,500 shares at a rate of $21.72, taking the stock ownership to the 65,789 shares. Before that another transaction happened on Oct 29 ’24, when Company’s Director proposed sale 17,500 for $20.91, making the entire transaction worth $365,925.
Carnival Corp (CCL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 24.05% per share during the next fiscal year.
Carnival Corp (NYSE: CCL) Trading Performance Indicators
Carnival Corp (CCL) is currently performing well based on its current performance indicators. A quick ratio of 0.25 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 24.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.39, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 2.08 in one year’s time.
Technical Analysis of Carnival Corp (CCL)
Looking closely at Carnival Corp (NYSE: CCL), its last 5-days average volume was 17.56 million, which is a drop from its year-to-date volume of 23.5 million. As of the previous 9 days, the stock’s Stochastic %D was 20.10%. Additionally, its Average True Range was 0.87.
During the past 100 days, Carnival Corp’s (CCL) raw stochastic average was set at 77.96%, which indicates a significant increase from 14.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.99% in the past 14 days, which was higher than the 37.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.59, while its 200-day Moving Average is $18.62. However, in the short run, Carnival Corp’s stock first resistance to watch stands at $25.01. Second resistance stands at $25.64. The third major resistance level sits at $26.18. If the price goes on to break the first support level at $23.84, it is likely to go to the next support level at $23.30. Should the price break the second support level, the third support level stands at $22.67.
Carnival Corp (NYSE: CCL) Key Stats
Market capitalization of the company is 29.77 billion based on 1,154,165K outstanding shares. Right now, sales total 25,021 M and income totals 1,916 M. The company made 5,938 M in profit during its latest quarter, and 303,000 K in sales during its previous quarter.
