Carnival Stock Net Income
CCL Stock | USD 16.34 0.85 4.94% |
Carnival fundamentals help investors to digest information that contributes to Carnival's financial success or failures. It also enables traders to predict the movement of Carnival Stock. The fundamental analysis module provides a way to measure Carnival's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Carnival stock.
Net Loss is expected to rise to about (63.3 M) this year. Net Loss is expected to rise to about (63.3 M) this year. Carnival | Net Income |
Carnival Net Income Analysis
Carnival's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
More About Net Income | All Equity Analysis
Carnival Net Income |
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Net Income | = | (Rev + Gain) | - | (Exp + Loss) |
Current Carnival Net Income | (74 M) |
Most of Carnival's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carnival is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Carnival Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Carnival reported net income of (74 Million). This is 114.49% lower than that of the Hotels, Restaurants & Leisure sector and significantly lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 112.96% higher than that of the company.
Carnival Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carnival's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carnival could also be used in its relative valuation, which is a method of valuing Carnival by comparing valuation metrics of similar companies.Carnival is currently under evaluation in net income category among related companies.
Carnival ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Carnival's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Carnival's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Carnival Institutional Holders
Institutional Holdings refers to the ownership stake in Carnival that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Carnival's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Carnival's value.Shares | Arrowstreet Capital Limited Partnership | 2023-12-31 | 10.4 M | Nuveen Asset Management, Llc | 2023-12-31 | 10.1 M | Qube Research & Technologies | 2023-12-31 | 9 M | Voloridge Investment Management, Llc | 2023-09-30 | 8.8 M | Amvescap Plc. | 2023-12-31 | 8.6 M | Squarepoint Ops Llc | 2023-12-31 | 6.6 M | Bank Of New York Mellon Corp | 2023-12-31 | 6.4 M | Candlestick Capital Management Lp | 2023-09-30 | 6.3 M | Primecap Management Company | 2023-12-31 | 6.3 M | Vanguard Group Inc | 2023-12-31 | 113.2 M | Blackrock Inc | 2023-12-31 | 64.2 M |
Carnival Fundamentals
Return On Equity | 0.063 | ||||
Return On Asset | 0.0294 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 52.29 B | ||||
Shares Outstanding | 1.12 B | ||||
Shares Owned By Insiders | 7.84 % | ||||
Shares Owned By Institutions | 60.53 % | ||||
Number Of Shares Shorted | 92.5 M | ||||
Price To Earning | 5.36 X | ||||
Price To Book | 3.37 X | ||||
Price To Sales | 1.00 X | ||||
Revenue | 21.59 B | ||||
Gross Profit | 10.7 B | ||||
EBITDA | 4.49 B | ||||
Net Income | (74 M) | ||||
Cash And Equivalents | 4.03 B | ||||
Cash Per Share | 5.44 X | ||||
Total Debt | 31.89 B | ||||
Debt To Equity | 4.21 % | ||||
Current Ratio | 0.65 X | ||||
Book Value Per Share | 5.27 X | ||||
Cash Flow From Operations | 4.28 B | ||||
Short Ratio | 3.23 X | ||||
Earnings Per Share | 0.32 X | ||||
Price To Earnings To Growth | 1.41 X | ||||
Target Price | 20.88 | ||||
Number Of Employees | 106 K | ||||
Beta | 2.55 | ||||
Market Capitalization | 22.52 B | ||||
Total Asset | 49.12 B | ||||
Retained Earnings | 185 M | ||||
Working Capital | (6.21 B) | ||||
Current Asset | 1.69 B | ||||
Current Liabilities | 7.07 B | ||||
Z Score | 1.02 | ||||
Five Year Return | 4.22 % | ||||
Net Asset | 49.12 B |
About Carnival Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Carnival's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carnival using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carnival based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Net Loss | -66.6 M | -63.3 M | |
Net Loss | -66.6 M | -63.3 M | |
Net Loss | -67.5 M | -70.9 M | |
Net Income Per E B T | 1.07 | 0.78 |
Carnival Investors Sentiment
The influence of Carnival's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carnival. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Carnival's public news can be used to forecast risks associated with an investment in Carnival. The trend in average sentiment can be used to explain how an investor holding Carnival can time the market purely based on public headlines and social activities around Carnival. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carnival's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carnival's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carnival's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carnival.
Carnival Implied Volatility | 44.02 |
Carnival's implied volatility exposes the market's sentiment of Carnival stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carnival's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carnival stock will not fluctuate a lot when Carnival's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carnival in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carnival's short interest history, or implied volatility extrapolated from Carnival options trading.
Pair Trading with Carnival
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carnival position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carnival will appreciate offsetting losses from the drop in the long position's value.Moving against Carnival Stock
0.49 | DKNG | DraftKings Financial Report 2nd of May 2024 | PairCorr |
0.46 | WING | Wingstop Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Carnival could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnival when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carnival - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carnival to buy it.
The correlation of Carnival is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carnival moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnival moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carnival can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Carnival Piotroski F Score and Carnival Altman Z Score analysis. For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.Note that the Carnival information on this page should be used as a complementary analysis to other Carnival's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Carnival Stock analysis
When running Carnival's price analysis, check to measure Carnival's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carnival is operating at the current time. Most of Carnival's value examination focuses on studying past and present price action to predict the probability of Carnival's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival's price. Additionally, you may evaluate how the addition of Carnival to your portfolios can decrease your overall portfolio volatility.
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Is Carnival's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carnival. If investors know Carnival will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 0.32 | Revenue Per Share 17.868 | Quarterly Revenue Growth 0.22 | Return On Assets 0.0294 |
The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carnival's market value can be influenced by many factors that don't directly affect Carnival's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.