Key Considerations for Carnival Investors

With gains of 3.4%, Carnival was one of the winners on Wall Street today. Its shares are now trading at $15.65 and have logged a 0.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

  • Carnival has moved 39.4% over the last year, and the S&P 500 logged a change of 26.9%

  • CCL has an average analyst rating of buy and is -24.83% away from its mean target price of $20.82 per share

  • Its trailing earnings per share (EPS) is $0.33

  • Carnival has a trailing 12 month Price to Earnings (P/E) ratio of 47.4 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $1.43 and its forward P/E ratio is 10.9

  • The company has a Price to Book (P/B) ratio of 2.97 in contrast to the S&P 500's average ratio of 2.95

  • Carnival is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.96 and an average P/B of 4.24

  • The company has a free cash flow of $-449375008, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company offers its services under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises, and Cunard brand. Additionally, it sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.

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.