Large-cap Consumer Discretionary company Carnival has moved 1.3% so far today on a volume of 1,877,043, compared to its average of 26,713,316. In contrast, the S&P 500 index moved 0.0%.
Carnival trades -19.48% away from its average analyst target price of $27.73 per share. The 24 analysts following the stock have set target prices ranging from $21.0 to $34.0, and on average have given Carnival a rating of buy.
Anyone interested in buying CCL should be aware of the facts below:
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Carnival's current price is 52.5% above its Graham number of $14.64, which implies that at its current valuation it does not offer a margin of safety
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Carnival has moved 49.1% over the last year, and the S&P 500 logged a change of 10.9%
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Based on its trailing earnings per share of 1.55, Carnival has a trailing 12 month Price to Earnings (P/E) ratio of 14.4 while the S&P 500 average is 29.3
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CCL has a forward P/E ratio of 13.0 based on its forward 12 month price to earnings (EPS) of $1.72 per share
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Its Price to Book (P/B) ratio is 3.19 compared to its sector average of 2.93
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Carnival Corporation & plc, a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.
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Based in Miami, the company has 115,000 full time employees and a market cap of $30.25 Billion.