Carnival Stock Performance
| CCL Stock | USD 14.79 0.51 3.57% |
The firm shows a Beta (market volatility) of 1.7, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Carnival will likely underperform. Carnival has an expected return of -0.1%. Please make sure to confirm Carnival kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if Carnival performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Carnival has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's fundamental indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
Actual Historical Performance (%)
One Day Return 4.31 | Five Day Return 4.82 | Year To Date Return (13.85) | Ten Year Return (60.20) | All Time Return 278.29 |
Last Split Factor 2:1 | Dividend Date 2020-03-13 | Ex Dividend Date 2020-02-20 | Last Split Date 1998-06-15 |
1 | Holland America Lines 2025-2026 Mexico and Pacific Coast Seasons Offer Rare Great Bear Rainforest Itinerary and Sea of Cortez Cruises | 03/15/2024 |
2 | Carnival ship catches fire at sea, part of funnel collapses on deck | 03/25/2024 |
3 | Q1 2024 Carnival Corp and Carnival PLC Earnings Call Transcript | 03/28/2024 |
4 | Holland America Line Releases Refreshed 2025 Grand World Voyage Itinerary Including New Ports, Different Entry to Europe | 04/03/2024 |
5 | ACTOR JONATHAN BENNETT NAMED AS GODFATHER TO CARNIVAL FIRENZE | 04/05/2024 |
6 | Americraft Marine Appoints Peter Fetten as Chairman | 04/08/2024 |
7 | Carnival lists Doral headquarters for sale | 04/11/2024 |
8 | Carnival announces redemption of existing 500 mln senior unsecured notes | 04/16/2024 |
9 | Holland America Line Set to Debut New Glacier Day and Enhanced Alaska-Focused Experiences on Every Alaska Cruise in 2024 | 04/17/2024 |
10 | Carnival announces pricing of 500M 5.75 percent senior unsecured notes offering | 04/19/2024 |
| Begin Period Cash Flow | 6 B |
Carnival |
Carnival Relative Risk vs. Return Landscape
If you would invest 1,608 in Carnival on January 24, 2024 and sell it today you would lose (129.00) from holding Carnival or give up 8.02% of portfolio value over 90 days. Carnival is generating negative expected returns assuming volatility of 2.4289% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than Carnival, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Carnival Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carnival's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carnival, and traders can use it to determine the average amount a Carnival's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0427
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CCL |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carnival is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Carnival by adding Carnival to a well-diversified portfolio.
Carnival Fundamentals Growth
Carnival Stock prices reflect investors' perceptions of the future prospects and financial health of Carnival, and Carnival fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Carnival Stock performance.
| Return On Equity | 0.063 | ||||
| Return On Asset | 0.0294 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 47.91 B | ||||
| Shares Outstanding | 1.12 B | ||||
| Price To Earning | 5.36 X | ||||
| Price To Book | 2.82 X | ||||
| Price To Sales | 0.83 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 | ||||
| Earnings Per Share | 0.32 X | ||||
| Market Capitalization | 18.71 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 | ||||
About Carnival Performance
To evaluate Carnival Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Carnival generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Carnival Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Carnival market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Carnival's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 12.11 | 11.79 | |
| Return On Tangible Assets | (0) | (0) | |
| Return On Capital Employed | 0.06 | 0.10 | |
| Return On Assets | (0) | (0) | |
| Return On Equity | (0.01) | (0.01) |
Things to note about Carnival performance evaluation
Checking the ongoing alerts about Carnival for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carnival help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carnival generated a negative expected return over the last 90 days | |
| The company has 31.89 B in debt with debt to equity (D/E) ratio of 4.21, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Carnival has a current ratio of 0.64, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Carnival until it has trouble settling it off, either with new capital or with free cash flow. So, Carnival's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carnival sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carnival to invest in growth at high rates of return. When we think about Carnival's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 21.59 B. Reported Net Loss for the year was (74 M) with profit before taxes, overhead, and interest of 10.7 B. | |
| About 60.0% of Carnival shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: Carnival announces pricing of 500M 5.75 percent senior unsecured notes offering |
- Analyzing Carnival's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Carnival's stock is overvalued or undervalued compared to its peers.
- Examining Carnival's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Carnival's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carnival's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carnival's stock. These opinions can provide insight into Carnival's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.