Is Carnival Stock a Buy, Sell or Retain at a 12.1x P/E?
CCL benefits from strong booking momentum for 2024 and 2025, with record volumes and higher pricing driven by favorable demand trends.
Wall Street Analysts Believe Carnival (CCL) Could Rally 25%: Here's is How to Trade
The mean of analysts' price targets for Carnival (CCL) points to a 25% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Carnival (CCL) Is Considered a Good Investment by Brokers: Is That True?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Unveiling Carnival (CCL) Q3 Outlook: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Carnival (CCL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended August 2024.
Carnival Corporation: Earnings Jump Seen In Q3 2024, But It's Priced In
Carnival Corporation's better-than-expected Q2 2024 results and upgraded full-year guidance resulted in a share price rally in recent months. Its upcoming results for Q3 2024 are expected to see a big earnings upside and margin expansion, even as revenue growth is seen softening compared to Q2 2024. Carnival's forward P/E ratio remains unconvincing for a buy, however, though further forecast upgrades can change that.
Is Carnival (CCL) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Carnival (CCL) Shows Fast-paced Momentum But Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Carnival (CCL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Is Carnival Stock Too Risky?
Carnival reported its best-booked position ever heading into the second half of fiscal 2024. It's making strides in paying down its debt.
3 Ultra-Cheap Stocks That Could Get a Boost From Fed Rate Cuts
Lower interest rates can make dividend stocks such as Pfizer and Verizon more attractive investment options. Falling rates can reduce companies' interest expenses, which can help Carnival better manage its high debt load.
Carnival (CCL) Stock Sinks As Market Gains: Here's Why
In the latest trading session, Carnival (CCL) closed at $18.97, marking a -0.16% move from the previous day.
Carnival (CCL) Earnings Expected to Grow: Should You Buy?
Carnival (CCL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carnival Corporation: Robust Performance Metrics And Promising Industry Tailwinds, Initiate Buy
CCL is likely to continue reporting robust performance metrics ahead, thanks to the raised FY2024 guidance and promising FY2025 commentary. The same has been observed in its travel/cruising peers and the Cruise Lines International Association, with the ocean-going cruise passengers to grow at a CAGR of +5.59% through 2028. Thanks to the 50 basis point rate cut, a lower borrowing cost is likely to trigger the improvement in market and consumer sentiments/ spending trends.
