Shares of Carnival have moved 6.4% today, and are now trading at a price of $27.98. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 18,160,289 compared to the stock's average volume of 22,319,666.
Carnival Corporation & plc, a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally. Based in Miami, United States the company has 115,000 full time employees and a market cap of $37,930,803,200.
The company is now trading -20.32% away from its average analyst target price of $35.11 per share. The 23 analysts following the stock have set target prices ranging from $26.0 to $43.0, and on average give Carnival a rating of buy.
Over the last 52 weeks, CCL stock has risen 0.4%, which amounts to a -13.4% difference compared to the S&P 500. The stock's 52 week high is $32.8 whereas its 52 week low is $15.07 per share. With its net margins declining an average -9.6% over the last 6 years, Carnival may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 25,021,000 | 1,916,000 | 8 | inf |
| 2023 | 21,593,000 | -74,000 | 0 | 100.0 |
| 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 |
