Share on StockTwits

Royal Caribbean Cruises (NYSE:RCL) Director William L. Kimsey unloaded 10,075 shares of Royal Caribbean Cruises stock on the open market in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $63.00, for a total value of $634,725.00. Following the transaction, the director now directly owns 13,037 shares of the company’s stock, valued at approximately $821,331. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Royal Caribbean Cruises (NYSE:RCL) traded down 0.76% during mid-day trading on Monday, hitting $62.58. 1,906,066 shares of the company’s stock traded hands. Royal Caribbean Cruises has a 52-week low of $35.67 and a 52-week high of $63.47. The stock has a 50-day moving average of $56.18 and a 200-day moving average of $53.12. The company has a market cap of $13.912 billion and a price-to-earnings ratio of 26.12.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings data on Thursday, July 24th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.14. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. Analysts expect that Royal Caribbean Cruises will post $3.42 EPS for the current fiscal year.

A number of research firms have recently commented on RCL. Analysts at Berenberg Bank raised their price target on shares of Royal Caribbean Cruises from $60.00 to $73.00 in a research note on Monday. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Royal Caribbean Cruises in a research note on Friday. They now have a $66.00 price target on the stock, up previously from $60.00. Finally, analysts at Nomura reiterated a “buy” rating on shares of Royal Caribbean Cruises in a research note on Friday. They now have a $72.00 price target on the stock, up previously from $56.00. Ten investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $61.35.

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.