Carnival Corporation (NYSE:CCL) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Carnival Corporation (NYSE:CCL) have been given a consensus recommendation of “Moderate Buy” by the twenty-six analysts that are covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $33.00.

A number of equities analysts recently weighed in on CCL shares. Zacks Research upgraded shares of Carnival from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Wall Street Zen cut Carnival from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Carnival in a report on Wednesday, October 8th. Tigress Financial lifted their price objective on Carnival from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Finally, Truist Financial boosted their target price on Carnival from $27.00 to $31.00 and gave the stock a “hold” rating in a research report on Monday, July 21st.

Institutional Investors Weigh In On Carnival

A number of large investors have recently added to or reduced their stakes in CCL. N.E.W. Advisory Services LLC bought a new position in shares of Carnival during the 1st quarter valued at $25,000. Evolution Wealth Management Inc. bought a new position in Carnival in the second quarter valued at about $25,000. Graybill Wealth Management LTD. purchased a new position in Carnival in the first quarter worth about $26,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Carnival during the 2nd quarter valued at about $28,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Carnival by 182.0% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after purchasing an additional 659 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Carnival Stock Performance

Shares of Carnival stock opened at $26.88 on Tuesday. Carnival has a 1 year low of $15.07 and a 1 year high of $32.80. The firm’s 50-day moving average is $29.48 and its 200 day moving average is $27.36. The stock has a market cap of $31.38 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 0.57 and a beta of 2.67. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30.

Carnival (NYSE:CCL) last issued its earnings results on Monday, September 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.11. The business had revenue of $8.15 billion during the quarter, compared to analysts’ expectations of $8.09 billion. Carnival had a net margin of 10.07% and a return on equity of 27.86%. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.27 earnings per share. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. Sell-side analysts anticipate that Carnival will post 1.77 EPS for the current fiscal year.

Carnival Company Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.