Carnival Corporation (CCL) is a leisure travel company headquartered in Miami, Florida. It operates an international cruise line with 2- to 31-day voyages across destinations that include Mexico, Alaska, The Bahamas, Europe and Hawaii. Founded in 1972 by Ted Arison, Carnival is one of the world's largest cruise operators. Its fleet consists of over 100 ships, with the company planning to take delivery of 22 new vessels between 2018 and 2025. Carnival Corporation went public in 1987 and is listed on the New York Stock Exchange.
July 25, 2024: Carnival shares have had a choppy time in recent years but it's shown very strong growth and performance over the last 3 months.
July 15, 2024: Swiss National Bank cut its stake in shares of Carnival by 4.2% during the first quarter. The institutional investor owned 3,017,200 shares of the company’s stock after selling 133,300 shares during the period, according to DefenseWorld.
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| Open | $18.16 |
|---|---|
| High | $18.16 |
| Low | $17.08 |
| Close | $17.10 |
| Previous close | $18.19 |
| Change | $-1.09 |
| Change % | -5.9923% |
| Volume | 34,559,270 |
| 52-week range | $10.84 - $19.74 |
|---|---|
| 50-day moving average | $16.56 |
| 200-day moving average | $15.73 |
| Wall St. target price | $21.71 |
| PE ratio | 25.7042 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.71 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $17.1 from 2024-07-24
| 1 week (2024-07-19) | -7.22% |
|---|---|
| 1 month (2024-06-26) | -6.91% |
| 3 months (2024-04-26) | 13.40% |
| 6 months (2024-01-26) | 8.02% |
| 1 year (2023-07-26) | -3.12% |
|---|---|
| 2 years (2022-07-26) | 101.18% |
| 3 years (2021-07-26) | 23.16 |
| 5 years (2019-07-26) | 45.6871 |
Valuing Carnival Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carnival Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Carnival Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Carnival Corporation shares trade at around 26x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Carnival Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.41. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Carnival Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Carnival Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.3 billion.
The EBITDA is a measure of a Carnival Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $23.4 billion |
|---|---|
| Operating margin TTM | 9.7% |
| Gross profit TTM | $10.7 billion |
| Return on assets TTM | 3.49% |
| Return on equity TTM | 14.24% |
| Profit margin | 3.85% |
| Book value | $5.38 |
| Market Capitalization | $23.9 billion |
TTM: trailing 12 months
We're not expecting Carnival Corporation to pay a dividend over the next 12 months.
Carnival Corporation's shares were split on a 2:1 basis on 14 June 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Carnival Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Carnival Corporation shares which in turn could have impacted Carnival Corporation's share price.
Over the last 12 months, Carnival Corporation's shares have ranged in value from as little as $10.84 up to $19.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Carnival Corporation's is 2.693. This would suggest that Carnival Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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. .
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