Susquehanna restated their positive rating on shares of Carnival Co. & (NYSE:CCL – Free Report) in a research note published on Wednesday morning, Benzinga reports. They currently have a $22.00 price objective on the stock.
A number of other research firms also recently issued reports on CCL. Mizuho assumed coverage on shares of Carnival Co. & in a research report on Tuesday, March 26th. They set a buy rating and a $21.00 target price for the company. JPMorgan Chase & Co. boosted their target price on shares of Carnival Co. & from $22.00 to $23.00 and gave the company an overweight rating in a research report on Thursday, March 28th. Stifel Nicolaus decreased their target price on shares of Carnival Co. & from $26.00 to $25.00 and set a buy rating for the company in a research report on Thursday, March 28th. Macquarie boosted their target price on shares of Carnival Co. & from $22.00 to $24.00 and gave the company an outperform rating in a research report on Thursday, March 28th. Finally, Wells Fargo & Company upped their price objective on shares of Carnival Co. & from $22.00 to $23.00 and gave the stock an overweight rating in a research report on Friday, May 17th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average target price of $22.00.
Read Our Latest Analysis on Carnival Co. &
Carnival Co. & Trading Up 0.6 %
Carnival Co. & (NYSE:CCL – Get Free Report) last posted its quarterly earnings data on Tuesday, June 25th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.12. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.22%. The business had revenue of $5.78 billion during the quarter, compared to the consensus estimate of $5.68 billion. During the same period in the previous year, the firm posted ($0.31) earnings per share. The business’s revenue for the quarter was up 17.7% compared to the same quarter last year. On average, equities research analysts anticipate that Carnival Co. & will post 1.19 earnings per share for the current year.
Institutional Trading of Carnival Co. &
Large investors have recently bought and sold shares of the business. Richardson Capital Management LLC purchased a new stake in shares of Carnival Co. & in the 1st quarter valued at approximately $26,000. Friedenthal Financial purchased a new stake in shares of Carnival Co. & in the 4th quarter valued at approximately $28,000. ICA Group Wealth Management LLC purchased a new stake in shares of Carnival Co. & in the 4th quarter valued at approximately $31,000. BNP Paribas purchased a new stake in shares of Carnival Co. & in the 1st quarter valued at approximately $32,000. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of Carnival Co. & by 67.2% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company’s stock valued at $34,000 after buying an additional 739 shares during the period. Hedge funds and other 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.
Recommended Stories
- Five stocks we like better than Carnival Co. &
- Using the MarketBeat Stock Split Calculator
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- Why Invest in High-Yield Dividend Stocks?
- MarketBeat Week in Review – 6/24 – 6/28
- How to Capture the Benefits of Dividend Increases
- General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
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.