Carnival Stock Analysis
CCL Stock | USD 26.45 0.33 1.23% |
Carnival is overvalued with Real Value of 20.63 and Target Price of 16.69. The main objective of Carnival stock analysis is to determine its intrinsic value, which is an estimate of what Carnival is worth, separate from its market price. There are two main types of Carnival's stock analysis: fundamental analysis and technical analysis.
The Carnival stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Carnival |
Carnival Stock Analysis Notes
About 62.0% of the company shares are held by institutions such as insurance companies. The book value of Carnival was currently reported as 6.79. The company has Price/Earnings To Growth (PEG) ratio of 1.41. Carnival last dividend was issued on the 20th of February 2020. The entity had 2:1 split on the 15th of June 1998. Carnival Corporation plc operates as a leisure travel company. Carnival Corporation plc was founded in 1972 and is headquartered in Miami, Florida. Carnival Corp operates under Travel Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people. For more info on Carnival please contact Michael Thamm at 305 599 2600 or go to https://www.carnivalcorp.com.Carnival Quarterly Total Revenue |
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Carnival Investment Alerts
Carnival 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. Note however, debt could still be an excellent tool for Carnival to invest in growth at high rates of return. | |
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 62.0% of Carnival shares are held by institutions such as insurance companies | |
Latest headline from gurufocus.com: Insider Sell Andrea Guthrie Sells Shares of Shoe Carnival Inc |
Carnival Upcoming and Recent Events
25th of March 2024 Upcoming Quarterly Report | View | |
24th of June 2024 Next Financial Report | View | |
29th of February 2024 Next Fiscal Quarter End | View | |
19th of December 2024 Next Fiscal Year End | View | |
30th of November 2023 Last Quarter Report | View | |
30th of November 2023 Last Financial Announcement | View |
Carnival Largest EPS Surprises
Earnings surprises can significantly impact Carnival's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2012-12-20 | 2012-11-30 | 0.11 | 0.13 | 0.02 | 18 | ||
2001-12-20 | 2001-11-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2001-03-21 | 2001-02-28 | 0.2 | 0.22 | 0.02 | 10 |
Carnival Environmental, Social, and Governance (ESG) Scores
Carnival's ESG score is a quantitative measure that evaluates Carnival's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Carnival's operations that may have significant financial implications and affect Carnival's stock price as well as guide investors towards more socially responsible investments.
Carnival Thematic Classifications
In addition to having Carnival stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
TransportationUSA Equities from Transportation industry as classified by Fama & French |
Carnival Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Jpmorgan Chase & Co | 2024-09-30 | 9.6 M | Viking Global Investors Lp | 2024-09-30 | 9.6 M | Northern Trust Corp | 2024-09-30 | 9.3 M | Goldman Sachs Group Inc | 2024-09-30 | 7.6 M | Mizuho Securities Usa Inc | 2024-09-30 | 6.7 M | Two Sigma Investments Llc | 2024-09-30 | 6.5 M | Primecap Management Company | 2024-09-30 | 6.2 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 6 M | Vanguard Group Inc | 2024-09-30 | 112.6 M | Blackrock Inc | 2024-06-30 | 68.8 M |
Carnival Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 35.49 B.Carnival Profitablity
The company has Net Profit Margin of 0.06 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.28 %, which entails that for every 100 dollars of revenue, it generated $0.28 of operating income.Last Reported | Projected for Next Year | ||
Return On Capital Employed | 0.06 | 0.10 | |
Return On Equity | (0.01) | (0.01) |
Management Efficiency
Carnival has Return on Asset of 0.0425 % which means that on every $100 spent on assets, it made $0.0425 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2012 %, implying that it generated $0.2012 on every 100 dollars invested. Carnival's management efficiency ratios could be used to measure how well Carnival manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.10 this year, although the value of Return On Tangible Assets are projected to rise to (0). At this time, Carnival's Fixed Asset Turnover is quite stable compared to the past year.Last Reported | Projected for Next Year | ||
Book Value Per Share | 4.91 | 4.66 | |
Tangible Book Value Per Share | 3.66 | 3.48 | |
Enterprise Value Over EBITDA | 12.82 | 10.23 | |
Price Book Value Ratio | 3.18 | 2.66 | |
Enterprise Value Multiple | 12.82 | 10.23 | |
Price Fair Value | 3.18 | 2.66 | |
Enterprise Value | 41.3 B | 23 B |
Carnival showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Operating Margin 0.2761 | Profit Margin 0.0639 | Beta 2.668 | Return On Assets 0.0425 | Return On Equity 0.2012 |
Technical Drivers
As of the 6th of December, Carnival shows the Risk Adjusted Performance of 0.2625, downside deviation of 1.51, and Mean Deviation of 1.68. Carnival technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Carnival value at risk, and the relationship between the jensen alpha and semi variance to decide if Carnival is priced correctly, providing market reflects its regular price of 26.45 per share. Given that Carnival has jensen alpha of 0.554, we suggest you to validate Carnival's prevailing market performance to make sure the company can sustain itself at a future point.Carnival Price Movement Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Carnival middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Carnival. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Carnival Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Carnival insiders, such as employees or executives, is commonly permitted as long as it does not rely on Carnival's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Carnival insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Randall Weisenburger over a year ago Purchase by Randall Weisenburger of 100000 shares of Carnival | ||
Randall Weisenburger over a year ago Carnival exotic insider transaction detected | ||
Stuart Subotnick over a year ago Exercise or conversion by Stuart Subotnick of 1200 shares of Carnival subject to Rule 16b-3 |
Carnival Outstanding Bonds
Carnival issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Carnival uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Carnival bonds can be classified according to their maturity, which is the date when Carnival has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MPLX LP 4875 Corp BondUS55336VAG59 | View | |
MPLX LP 4125 Corp BondUS55336VAK61 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View |
Carnival Predictive Daily Indicators
Carnival intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Carnival stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Carnival Corporate Filings
F4 | 31st of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 30th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 27th of June 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 25th of June 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
29th of May 2024 Other Reports | ViewVerify | |
8K | 25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 19th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 15th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Carnival Forecast Models
Carnival's time-series forecasting models are one of many Carnival's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Carnival's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Carnival Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Carnival prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Carnival shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Carnival. By using and applying Carnival Stock analysis, traders can create a robust methodology for identifying Carnival entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Operating Profit Margin | 0.10 | 0.11 | |
Gross Profit Margin | 0.39 | 0.36 |
Current Carnival Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Carnival analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Carnival analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
16.69 | Strong Buy | 29 | Odds |
Most Carnival analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Carnival stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Carnival, talking to its executives and customers, or listening to Carnival conference calls.
Carnival Stock Analysis Indicators
Carnival stock analysis indicators help investors evaluate how Carnival stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Carnival shares will generate the highest return on investment. By understating and applying Carnival stock analysis, traders can identify Carnival position entry and exit signals to maximize returns.
Begin Period Cash Flow | 6 B | |
Long Term Debt | 28.5 B | |
Common Stock Shares Outstanding | 1.3 B | |
Total Stockholder Equity | 6.9 B | |
Tax Provision | 13 M | |
Quarterly Earnings Growth Y O Y | 0.599 | |
Property Plant And Equipment Net | 41.4 B | |
Cash And Short Term Investments | 2.4 B | |
Cash | 2.4 B | |
Accounts Payable | 1.2 B | |
Net Debt | 29.5 B | |
50 Day M A | 22.158 | |
Total Current Liabilities | 11.5 B | |
Other Operating Expenses | 19.6 B | |
Non Current Assets Total | 43.9 B | |
Forward Price Earnings | 15.5521 | |
Non Currrent Assets Other | 576 M | |
Stock Based Compensation | 53 M |
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 closely tied 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.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Hotels, Resorts & Cruise Lines space 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 0.599 | Earnings Share 1.17 | Revenue Per Share 19.351 | Quarterly Revenue Growth 0.152 | Return On Assets 0.0425 |
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.