Carnival Corporation & plc (NYSE:CUK) does about 1.97M shares in volume on a normal day but saw 2079702 shares change hands in Friday trading. The company now has a market cap of 19.79B USD . Its current market price is $14.16, marking a decrease of -1.19% compared to the previous close of $14.33. The 52 week high reached by this stock is $17.67 whilst the lowest price level in 52 weeks is $5.43. The script in recent trading has seen the stock touch a high of $14.38 and a low of $13.91.
Carnival Corporation & plc (CUK) has a 20-day trading average at $15.76 and the current price is -19.86% off the 52-week high compared with 160.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $15.46 and its 200-day simple moving average is $10.60. If we look at the stock’s price movements over the week, volatility stands at 2.52%, which increases to 2.96% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 34.91 to suggest the stock is neutral.
23 analysts observing the Carnival Corporation & plc (CUK) stock have set the 12-month price targets for the company’s shares at between $7.00 and $25.00. The median price target is 21.33% away from the current levels at $18.00.
FactSet Research has provided data showing that 23 brokerages have issued ratings for the stock. 4 analysts have rated it as a sell, while 2 advise that it is a overweight. 11 analysts have rated it as a buy and 5 have advised that investors hold their positions. The consensus recommendation rating is Overweight.
The current price level is -10.70%, -8.13%, and 33.95% away from its SMA20, SMA50, and SMA200 respectively, with the CUK price moving above the 50-day SMA on August 18. Carnival Corporation & plc (CUK) stock is down -7.03% over the week and -11.39% over the past month. Its price is 96.94% year-to-date and 47.19% over the past year.
The company’s next earnings report is expected on 09/28/2023, with forecasts estimating quarterly EPS at $0 and -$0.09 for whole year. CUK’s earnings per share are forecast to grow by 98.10% this year and 1,122.20% over next year. In addition, estimates put the company’s current quarterly revenue at an average of $20.98 billion.
Its 12-month price target is $18.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $7.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $25.00.
Outstanding shares total 1.26B with insiders holding 0.00% of the shares and institutional holders owning 23.91% of the company’s common stock. The company has a return on investment of -10.60% and return on equity of -50.50%. The forward price to earnings ratio is 15.39. The beta has a value of 2.45. Price to book ratio is 3.05 and price to sales ratio is 1.13.
