Lookout for Analyst's Suggestions: Royal Caribbean Cruises Ltd. (NYSE:RCL)

Marco Green
November 18, 2018

The firm had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $2.34 billion. To put some perspective around this, the industry's average net margin is -39.46%. Earnest Partners LLC increased its position in shares of Royal Caribbean Cruises by 0.4% during the 2nd quarter. Also, it is trading at rather expensive levels at just over 2.03x price/book and 2.52x price/sales. A thorough research report will generally give detailed reasoning for a certain target projection. One of the most important ratios to look at when weighing an investment decision is the Return on Equity of the company. The stock has a debt/capital of 0.87. In this manner, RCL' simple moving average comparison gave the analysts a clear-cut view. Vontobel Asset Management Inc. now owns 1,346,249 shares of the company's stock worth $143,300,000 after buying an additional 1,098,502 shares in the last quarter.

"It was 20 minutes past 3, and we looked over the balcony, and we could see the security response team going along the deck towards where the lifeboat was", passenger Stu Klotzle said Saturday. On a downside, the stock is likely to find some support, which begins at $106.91. Royal Caribbean Cruises Ltd.'s EPS for the trailing 12 months is 8.42. BlackRock Fund Advisors followed the path by decreasing its RCL portfolio by -5.31% in the quarter. $1.38B as of today. The stock's short float identified around of 1.54% and short ratio is measured at 1.4. The original version of this story can be accessed at https://www.mareainformativa.com/2018/11/18/greenleaf-trust-buys-shares-of-2084-royal-caribbean-cruises-ltd-rcl-updated-updated.html.

Royal Caribbean Cruises Ltd. (NYSE:RCL) stock price fell -10.33 percent over the past one year, while increased 2.71 percent during the past 6 months.

Drilling down into some additional metrics, we note that Royal Caribbean Cruises Ltd. (NYSE:RCL) has a Price to Book ratio of 1.963304. The current median share price forecast by them is $141, suggesting that the stock could increase 28.35% in that time frame. The stock has an average rating of "Buy" and a consensus target price of $139.62. Analysts offer the company with a rating of 3 would be a sign of a Hold rating. Beta measures stock's price volatility relative to the market. The firm has "Outperform" rating given on Monday, October 29 by Wells Fargo. However, they did change the target price from $150 to $152. Deutsche Bank raised Royal Caribbean Cruises from a "hold" rating to a "buy" rating and lifted their target price for the company from $135.00 to $146.00 in a research report on Wednesday, August 29th. The shares gained some momentum after bears carried it down to $105.5. It started the day trading at $109.98 and traded between $105.5 and $109.86 throughout the trading session. The stock remained range bound between $105.5 and $109.98. Investors saw a positive move of 2.02% in last five trading days. Currently Analysts have a mean recommendation of 1.70 on the shares. The 52-week high is now sitting at $134.98, and the 52-week low is $99.52. Now the market price is down -10.33% on the year and down -7.9% YTD.

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 a year ago. Over the past 12 fiscal quarters, Royal Caribbean Cruises Ltd. (NYSE:RCL) has topped consensus earnings estimates in 12 quarters (100%), missed earnings in 0 quarters (0%), whereas at 0 occasion EPS met analyst expectations. The company was maintained on Thursday, October 18 by Nomura. Similarly, the Return on Invested Capital Quality ratio is a tool in evaluating the quality of a company's ROIC over the course of five years. On the surface, it seems as the higher the 50-day moving average goes, the more bullish the market is (and the lower it goes, the more bearish). 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 past year.

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