Royal Caribbean Cruises Ltd. (RCL)

Woman 'choked and thrown off top deck of Royal Princess after row in ship's casino'

Revenue for the recent quarter stood at $2.8 billion, up 9% on past year and below the $2.83 billion predicted by analysts. RCL last reported earnings on October 25, 2018 when it released Sep-18 results that exceeded expectations.

Analysts are expecting average earnings estimates of $1.5 for the current quarter based on the opinion of 17 analysts, relating to high earnings per share estimates of $1.54 and low estimates of $1.47, however Royal Caribbean Cruises Ltd (NYSE:RCL) reported $1.34 earnings per share for the same quarter past year. For the next financial year, analysts anticipate that the firm will report earnings of $10.11 per share, with EPS estimates ranging from $9.65 to $10.64. Analysts therefore consider the investment a net gain. The company reported $3.98 EPS for the quarter, beating the Zacks' consensus estimate of $3.97 by $0.01. The business had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.82 billion. For this quarter, Wall Street analysts forecast revenue in a range of $2.27 billion to $2.34 billion, which should be compared with $2.16 billion generated a year ago. Nomura maintained Royal Caribbean Cruises Ltd. (NYSE:RCL) rating on Friday, October 26. Bank of America lifted their target price on Royal Caribbean Cruises from $138.00 to $150.00 and gave the company a "neutral" rating in a research report on Wednesday, September 26th. Stifel Nicolaus upped their target price on Royal Caribbean Cruises from $147.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday, September 24th.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Following these latest developments, around 0.50% of Royal Caribbean Cruises Ltd. stocks are owned by institutional investors and hedge funds. Analysts offer the company with a rating of 3 would be a sign of a Hold rating. Royal Caribbean Cruises presently has a consensus rating of "Buy" and a consensus price target of $142.07.

In other news, EVP Harri U. Kulovaara sold 6,600 shares of the stock in a transaction on Thursday, September 13th. The stock price showed -19.01% negative in value from one year high price and revealed 12.70% higher in value from its one year low price. Following the sale, the executive vice president now directly owns 26,165 shares in the company, valued at $3,285,015.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 15.26% of the company's stock. Vontobel Asset Management Inc. grew its stake in Royal Caribbean Cruises by 443.4% in the 2nd quarter. The company has SMA50 day's proportion of -7.32% to its most recent price change.


Tiger Management L.L.C. holds 5.52% of its portfolio in Royal Caribbean Cruises Ltd. for 264,530 shares. As we move through earnings season, investors will be watching to see how companies have fared over the last quarter. FMR LLC grew its stake in Royal Caribbean Cruises by 16.5% in the 2nd quarter. The firm purchased 2,084 shares of the company's stock, valued at approximately $271,000. Price to book ratio in most recent quarter was 2.03 while trailing twelve months period, price to sales ratio of the stock was 2.52.

The company in its last quarterly report recorded $1.57 earnings per share which is above the $1.40 predicted by most analysts. Royal Caribbean Cruises makes up about 4.2% of Capital Management Corp VA's holdings, making the stock its 2nd biggest holding. 197,791 shares of the company's stock were exchanged, compared to its average volume of 1,747,680. The company has a market capitalization of $22.20 billion, a PE ratio of 12.24, a price-to-earnings-growth ratio of 0.87 and a beta of 1.34. Royal Caribbean Cruises Ltd has a fifty-two week low of $97.48 and a fifty-two week high of $135.65. AerCap Holdings N.V. now has a market cap of $7.46B, while its P/E ratio stands at 7.29, while its P/E earnings growth sits at 1.61, with a beta of 1.94. The first value is calculated by adding the dividend yield to the percentage of repurchased shares.

Royal Caribbean Cruises Ltd. operates as a cruise company. The firm operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brand names.

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