CCL

Carnival Cruise – Analyzing the Stock's Performance

Large-cap Consumer Discretionary company Carnival has logged a -2.8% change today on a trading volume of 39,771,545. The average volume for the stock is 31,288,421.

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. Based in Miami, United States the company has 106,000 full time employees and a market cap of $19,927,148,544.

The company is now trading -26.8% away from its average analyst target price of $20.84 per share. The 16 analysts following the stock have set target prices ranging from $13.0 to $25.0, and on average give Carnival a rating of buy.

Over the last 52 weeks, CCL stock has risen 40.6%, which amounts to a 18.4% difference compared to the S&P 500. The stock's 52 week high is $19.74 whereas its 52 week low is $8.37 per share. With its net margins declining an average -20.9% over the last 6 years, Carnival may not have a strong enough profitability trend to support its stock price.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 20,036,000 -1,624,000 -8 84.0
2022 12,168,000 -6,093,000 -50 89.96
2021 1,908,000 -9,501,000 -498 -172.13
2020 5,595,000 -10,236,000 -183 -1407.14
2019 20,825,000 2,990,000 14 -17.65
2018 18,881,000 3,152,000 17
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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