On Monday, Carnival Corp (NYSE: CCL) opened higher 1.02% from the last session, before settling in for the closing price of $25.42. Price fluctuations for CCL have ranged from $13.78 to $27.17 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 98.41% annually for the last half of the decade. Company’s average yearly earnings per share was noted 24.71% at the time writing. With a float of $998.27 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 Updates
A key investor’s attitude towards the stock of the Travel Services industry is another important factor to consider. The insider ownership of Carnival Corp is 21.23%, while institutional ownership is 56.54%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.02% during the next five years compared to -19.76% drop over the previous five years of trading.
Carnival Corp (NYSE: CCL) Trading Performance Indicators
Check out the current performance indicators for Carnival Corp (CCL). In the past quarter, the stock posted a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 24.79.
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 2.09 in one year’s time.
Technical Analysis of Carnival Corp (CCL)
Let’s dig in a bit further. During the last 5-days, its volume was 19.52 million. That was inferior than the volume of 20.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.37%. Additionally, its Average True Range was 0.84.
During the past 100 days, Carnival Corp’s (CCL) raw stochastic average was set at 87.28%, which indicates a significant increase from 68.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.63% in the past 14 days, which was lower than the 35.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.28, while its 200-day Moving Average is $19.22. However, in the short run, Carnival Corp’s stock first resistance to watch stands at $26.07. Second resistance stands at $26.47. The third major resistance level sits at $27.06. If the price goes on to break the first support level at $25.08, it is likely to go to the next support level at $24.49. Assuming the price breaks the second support level, the third support level stands at $24.09.
Carnival Corp (NYSE: CCL) Key Stats
There are currently 1,154,165K shares outstanding in the company with a market cap of 32.15 billion. Presently, the company’s annual sales total 25,021 M according to its annual income of 1,916 M. Last quarter, the company’s sales amounted to 5,938 M and its income totaled 303,000 K.
