Susquehanna reaffirmed their positive rating on shares of Carnival Co. & (NYSE:CCL – Free Report) in a research report report published on Wednesday morning, Benzinga reports. They currently have a $22.00 price objective on the stock.
A number of other research firms have also issued reports on CCL. Wells Fargo & Company boosted their price target on shares of Carnival Co. & from $22.00 to $23.00 and gave the company an overweight rating in a report on Friday, May 17th. Mizuho assumed coverage on shares of Carnival Co. & in a report on Tuesday, March 26th. They set a buy rating and a $21.00 price target on the stock. William Blair restated an outperform rating on shares of Carnival Co. & in a report on Monday, April 22nd. The Goldman Sachs Group assumed coverage on shares of Carnival Co. & in a report on Wednesday, March 13th. They set a buy rating and a $20.00 price target on the stock. Finally, Argus cut their price target on shares of Carnival Co. & from $23.00 to $20.00 and set a buy rating on the stock in a report on Monday, April 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, the company has an average rating of Moderate Buy and a consensus target price of $21.61.
Read Our Latest Analysis on Carnival Co. &
Carnival Co. & Stock Up 3.1 %
Carnival Co. & (NYSE:CCL – Get Free Report) last released its earnings results on Tuesday, June 25th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.12. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.20%. The business had revenue of $5.78 billion for the quarter, compared to the consensus estimate of $5.68 billion. During the same period in the previous year, the firm earned ($0.31) EPS. The business’s revenue for the quarter was up 17.7% on a year-over-year basis. Equities research analysts expect that Carnival Co. & will post 1.18 earnings per share for the current fiscal year.
Institutional Trading of Carnival Co. &
Large investors have recently added to or reduced their stakes in the business. Richardson Capital Management LLC bought a new stake in Carnival Co. & in the first quarter worth approximately $26,000. Friedenthal Financial bought a new stake in shares of Carnival Co. & during the 4th quarter worth $28,000. ICA Group Wealth Management LLC bought a new stake in shares of Carnival Co. & during the 4th quarter worth $31,000. BNP Paribas bought a new stake in shares of Carnival Co. & during the 1st quarter worth $32,000. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of Carnival Co. & by 67.2% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company’s stock worth $34,000 after buying an additional 739 shares during the period. 67.19% of the stock is owned by institutional investors.
Carnival Co. & Company Profile
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.
Featured Articles
- Five stocks we like better than Carnival Co. &
- What Are Dividend Champions? How to Invest in the Champions
- Stock Impact: McDonald’s Price War with Starbucks, Wendy’s
- How to Invest in Tech StocksĀ and Top Tech Stocks to Consider
- General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
- What is Short Interest? How to Use It
- Enovix Stock Rises 35% in Short-Squeeze: This Rally Has Legs
Receive News & Ratings for Carnival Co. & Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival Co. & and related companies with MarketBeat.com's FREE daily email newsletter.