Carnival Stock Analysis

CCL -  USA Stock  

USD 28.18  0.24  0.84%

The new indifference towards the small price fluctuations of Carnival Corp could raise concerns from stakeholders as the firm it trading at a share price of 28.18 on very low momentum in volume. The company directors and management did not add any value to Carnival Corp investors in May. However, most investors can still diversify their portfolios with Carnival Corp to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.76. The current volatility is consistent with the ongoing market swings in May 2021 as well as with Carnival Corp unsystematic, company-specific events.
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The Carnival Corp stock analysis report makes it easy to digest most publicly released information about Carnival Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Carnival stock analysis module also helps to analyze the Carnival Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Carnival Stock Analysis Notes

About 52.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Carnival Corp has Price/Earnings To Growth (PEG) ratio of 0.05. The entity recorded a loss per share of 13.02. The firm next dividend is scheduled to be issued on the 20th of February 2020. Carnival Corp had 2:1 split on the 15th of June 1998. Carnival Corporation plc operates as a leisure travel company. The company was incorporated 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 70000 people. For more info on Carnival Corp please contact Michael Thamm at 305 599 2600 or go to http://www.carnivalcorp.com.

Carnival Corp Quarterly Cost of Revenue

535 MillionShare

Carnival Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Carnival Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Carnival Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Carnival Corp has high likelihood to experience some financial distress in the next 2 years
Carnival Corp was previously known as Carnival Plc ADR and was traded on New York Stock Exchange under the symbol CUK.
The company reported the last year's revenue of 831 M. Reported Net Loss for the year was (11.43 B) with profit before taxes, overhead, and interest of 834 M.
Carnival Corp has about 11.51 B in cash with (8.72 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.95.
Carnival Corp has a poor financial position based on the latest SEC disclosures
Latest headline from markets.businessinsider.com: A major cruise line says its customers private information may have been accessed during a data breach - Markets Insider

Carnival Corp Upcoming and Recent Events

Earnings reports are used by Carnival Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Carnival Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report9th of July 2021
Next Earnings Report14th of October 2021
Next Fiscal Quarter End31st of May 2021
Next Fiscal Year End25th of January 2022
Last Quarter Report28th of February 2021
Last Earning Announcement31st of May 2020

Carnival Largest EPS Surprises

Earnings surprises can significantly impact Carnival Corp'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
2012-11-300.110.130.0218 
2001-12-20
2001-11-300.180.20.0211 
2001-03-21
2001-02-280.20.220.0210 
View All Earnings Estimates

Carnival Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Carnival Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Carnival Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Carnival Corp specific information freely available to individual and institutional investors to make a timely investment decision.
27th of May 2021
Other Events
View
13th of May 2021
Regulation FD Disclosure. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
26th of April 2021
Submission of Matters to a Vote of Security Holders
View
7th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
3rd of March 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
24th of February 2021
Financial Statements and Exhibits. Other Events
View
16th of February 2021
Financial Statements and Exhibits. Other Events. Unclassified Corporate Event. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
10th of February 2021
Financial Statements and Exhibits. Other Events. Unclassified Corporate Event
View

Carnival Corp Thematic Classifications

In addition to having Carnival Corp 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.
Transportation IdeaTransportation
USA Equities from Transportation industry as classified by Fama & French

Carnival Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 35.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Carnival Corp's market, we take the total number of its shares issued and multiply it by Carnival Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Carnival Profitablity

Carnival Corp's profitability indicators refer to fundamental financial ratios that showcase Carnival Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Carnival Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Carnival Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Carnival Corp's profitability requires more research than a typical breakdown of Carnival Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2021
Return on Average Assets(0.18) (0.18) 
Return on Average Equity(0.43) (0.44) 
Return on Invested Capital(0.16) (0.16) 
Return on Sales(1.51) (1.55) 

Management Efficiency

The entity has Return on Asset of (8.02) % which means that on every $100 spent on asset, it lost $8.02. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (51.82) %, meaning that it generated no profit with money invested by stockholders. Carnival Corp management efficiency ratios could be used to measure how well carnival corp manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return on Average Equity is estimated to pull down to -0.44. The value of Return on Sales is estimated to pull down to -1.55. Carnival Corp Current Assets are relatively stable at the moment as compared to the past year. The company's current value of Current Assets is estimated at 13.11 Billion. Goodwill and Intangible Assets is expected to hike to about 2.7 B this year, although the value of Assets Non Current will most likely fall to nearly 48.5 B.
Last ReportedProjected for 2021
Book Value per Share 26.17  31.21 
Enterprise Value over EBIT(3.60) (3.69) 
Enterprise Value over EBITDA(4.69) (4.82) 
Price to Book Value 1.01  1.37 
Tangible Assets Book Value per Share 65.70  61.84 
Enterprise Value41.6 B47.5 B
Tangible Asset Value59.3 B52.8 B

Technical Drivers

As of the 20th of June, Carnival Corp shows the mean deviation of 2.2, and Risk Adjusted Performance of 0.0075. Carnival Corp 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Carnival Corp, which can be compared to its rivals. Please confirm Carnival Corp value at risk, and the relationship between the jensen alpha and semi variance to decide if Carnival Corp is priced correctly, providing market reflects its regular price of 28.18 per share. Given that Carnival Corp has jensen alpha of (0.010835), we suggest you to validate Carnival Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Carnival Corp Price Movement Analysis

Study
Time Period
Deviations up
Deviations down
MA Type
Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Carnival Corp 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 Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Carnival Corp 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 Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Carnival Corp'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 Corp 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.

Carnival Corp Outstanding Bonds

Carnival Corp 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 Corp 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 Corp 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.
MaturityCouponRating
Carnival 10012023 7210/01/20237.2
BBB+
Carnival 01152028 66501/15/20286.65
BBB+
Carnival 06012027 787506/01/20277.875
BBB+

Carnival Corp Technical and Predictive Indicators

Carnival Corp Forecast Models

Carnival Corp time-series forecasting models is one of many Carnival Corp's stock analysis techniquest aimed to predict 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 Corp'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 stock market movement and maximize returns from investment trading.

About Carnival Corp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Carnival Corp stock is reacting to, or reflecting on a current stock 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 Corp. By using and applying Carnival Stock analysis, traders can create a robust methodology for identifying Carnival entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin(1.12) (1.15) 
Gross Margin(0.11) (0.11) 
Profit Margin(1.65) (1.69) 
Carnival Corporation plc operates as a leisure travel company. The company was incorporated 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 70000 people.

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 PriceAdvice# of Analysts
27.42Hold12Odds
Carnival Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Corp, talking to its executives and customers, or listening to Carnival conference calls.
Carnival Analyst Advice Details

Carnival Stock Analysis Indicators

Carnival Corp stock analysis indicators help investors evaluate how Carnival Corp 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 Corp shares will generate the highest return on investment. By understating and applying Carnival Corp stock analysis, traders can identify Carnival Corp position entry and exit signals to maximize returns.
Quick Ratio1.37
Fifty Two Week Low12.11
Revenue Growth-99.50%
Shares Short Prior Month55.24M
Average Daily Volume Last 10 Day23.14M
Average Daily Volume In Three Month30.42M
Shares Percent Shares Out5.11%
Gross Margins-212.15%
Short Percent Of Float8.34%
Forward Price Earnings124.71
Float Shares1.03B
Fifty Two Week High31.52
Enterprise Value To Ebitda-11.68
Fifty Day Average28.22
Two Hundred Day Average24.86
Enterprise Value To Revenue62.71
Continue to Trending Equities. Note that the Carnival Corp information on this page should be used as a complementary analysis to other Carnival Corp'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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Carnival Corp price analysis, check to measure Carnival Corp'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 Corp is operating at the current time. Most of Carnival Corp's value examination focuses on studying past and present price action to predict the probability of Carnival Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Carnival Corp's price. Additionally, you may evaluate how the addition of Carnival Corp to your portfolios can decrease your overall portfolio volatility.
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The market value of Carnival Corp 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 Corp's value that differs from its market value or its book value, called intrinsic value, which is Carnival Corp'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 Corp's market value can be influenced by many factors that don't directly affect Carnival Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carnival Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Carnival Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival Corp'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.