What Our Analysts Know About Carnival

By Scott Lee • Wednesday, October 22 15:20 • Permanent Link

Carnival logged a 0.5% change during today's afternoon session, and is now trading at a price of $30.12 per share. The S&P 500 index moved -1.0%. CCL's trading volume is 13,950,676 compared to the stock's average volume of 19,600,520.

Carnival trades -15.95% away from its average analyst target price of $35.84 per share. The 22 analysts following the stock have set target prices ranging from $26.0 to $43.0, and on average have given Carnival a rating of buy.

Anyone interested in buying CCL should be aware of the facts below:

Carnival's current price is 105.8% above its Graham number of $14.64, which implies that at its current valuation it does not offer a margin of safety
Carnival has moved 42.7% over the last year, and the S&P 500 logged a change of 16.2%
Based on its trailing earnings per share of 1.94, Carnival has a trailing 12 month Price to Earnings (P/E) ratio of 15.5 while the S&P 500 average is 29.3
CCL has a forward P/E ratio of 17.5 based on its forward 12 month price to earnings (EPS) of $1.72 per share
Its Price to Book (P/B) ratio is 3.31 compared to its sector average of 2.93
Carnival Corporation & plc, a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally.
Based in Miami, the company has 115,000 full time employees and a market cap of $37.37 Billion.

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.