Carnival Co. & (NYSE:CCL) Given Outperform Rating at William Blair

Carnival Co. & (NYSE:CCL)‘s stock had its “outperform” rating reiterated by equities research analysts at William Blair in a report issued on Monday, RTT News reports. William Blair also issued estimates for Carnival Co. &’s FY2025 earnings at $1.62 EPS.

Several other analysts have also recently commented on CCL. Susquehanna lowered their target price on Carnival Co. & from $23.00 to $22.00 and set a “positive” rating on the stock in a research report on Monday, March 25th. Wells Fargo & Company raised shares of Carnival Co. & from an “equal weight” rating to an “overweight” rating and set a $22.00 price objective for the company in a report on Friday, January 5th. JPMorgan Chase & Co. raised their target price on shares of Carnival Co. & from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. Mizuho initiated coverage on shares of Carnival Co. & in a research note on Tuesday, March 26th. They set a “buy” rating and a $21.00 price objective on the stock. Finally, Barclays upped their target price on Carnival Co. & from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $21.47.

Carnival Co. & Price Performance

CCL opened at $14.79 on Monday. The company has a 50 day moving average of $15.58 and a two-hundred day moving average of $15.44. The company has a quick ratio of 0.32, a current ratio of 0.36 and a debt-to-equity ratio of 4.27. Carnival Co. & has a 52-week low of $8.70 and a 52-week high of $19.74. The company has a market cap of $16.60 billion, a P/E ratio of 56.88 and a beta of 2.54.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings data on Wednesday, March 27th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.04. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.42 billion. During the same period in the previous year, the business earned ($0.55) EPS. Carnival Co. &’s revenue for the quarter was up 22.0% compared to the same quarter last year. On average, analysts expect that Carnival Co. & will post 1.01 earnings per share for the current year.

Insider Buying and Selling at Carnival Co. &

In related news, CFO David Bernstein sold 153,995 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.37, for a total transaction of $2,366,903.15. Following the completion of the sale, the chief financial officer now directly owns 181,981 shares in the company, valued at $2,797,047.97. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 11.00% of the company’s stock.

Institutional Investors Weigh In On Carnival Co. &

Large investors have recently made changes to their positions in the company. Friedenthal Financial acquired a new stake in shares of Carnival Co. & in the 4th quarter valued at $28,000. Richardson Capital Management LLC bought a new position in Carnival Co. & during the first quarter valued at about $26,000. ICA Group Wealth Management LLC acquired a new stake in shares of Carnival Co. & in the fourth quarter worth about $31,000. Massmutual Trust Co. FSB ADV boosted its stake 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 acquiring an additional 739 shares in the last quarter. Finally, 1832 Asset Management L.P. increased its holdings in shares of Carnival Co. & by 66.7% during the 4th quarter. 1832 Asset Management L.P. now owns 2,000 shares of the company’s stock valued at $37,000 after acquiring an additional 800 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

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.