Carnival Corp. Hits New 52-Week High at $41.89 (CCL)
Shares of Carnival Corp. (NYSE:CCL) hit a new 52-week high during mid-day trading on Monday, Analyst RN reports. The stock traded as high as $41.89 and last traded at $41.46, with a volume of 4,900,343 shares trading hands. The stock had previously closed at $41.25.
CCL has been the subject of a number of recent research reports. Analysts at SunTrust upgraded shares of Carnival Corp. from a “reduce” rating to a “neutral” rating in a research note to investors on Monday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Carnival Corp. in a research note to investors on Friday. They now have a $42.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Carnival Corp. in a research note to investors on Friday, December 20th. They now have a $40.00 price target on the stock. Four research analysts have rated the stock with a sell rating, sixteen have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Carnival Corp. has a consensus rating of “Hold” and an average target price of $165.64.
Carnival Corp. has a one year low of $31.44 and a one year high of $40.47. The stock’s 50-day moving average is $37.43 and its 200-day moving average is $35.91. The company has a market cap of $32.088 billion and a P/E ratio of 29.68.
Carnival Corp. (NYSE:CCL) last announced its earnings results on Thursday, December 19th. The company reported $0.04 EPS for the quarter. The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. On average, analysts predict that Carnival Corp. will post $1.69 earnings per share for the current fiscal year.
Carnival Corporation is a cruise company. The Company operates in two segments: North America and Europe, Australia & Asia (NYSE:CCL).
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