RCL gains from surging demand, record-breaking bookings and expansion efforts, including the addition of innovative ships and private destination investments.
Royal Caribbean Cruises has had the much-needed correction from recent heights, with it triggering the cheaper valuations and richer double digits upside potential. Combined with the growing net yields, expanding profit margins, and healthier balance sheet, we believe that the company is well positioned to outperform moving forward. With many of its cruise/travel peers still reporting excellent performance metrics, we believe that RCL is likely to deliver a beat and raise earnings call in FQ1'25.
Investors looking for stocks in the Leisure and Recreation Services sector might want to consider either Royal Caribbean (RCL) or Airbnb, Inc. (ABNB). But which of these two stocks is more attractive to value investors?
Royal Caribbean Cruises Ltd. RCL stock is rebounding today.
The heavy selling pressure might have exhausted for Royal Caribbean (RCL) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Royal Caribbean (RCL) closed at $212.02 in the latest trading session, marking a +1.98% move from the prior day.
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.
Investors interested in Leisure and Recreation Services stocks are likely familiar with Royal Caribbean (RCL) and Airbnb, Inc. (ABNB). But which of these two stocks is more attractive to value investors?
Goldman Sachs analyst Lizzie Dove reiterated a Buy rating on the shares of Royal Caribbean Cruises Ltd RCL with a price forecast of $305.00.
Royal Caribbean will continue to grow revenue in 2025 while costs per APCD/berth will likely decline, resulting in significant margin expansion. I calculate Royal Caribbean's cruise pricing increased 3.9% in Q4 and industry sources suggest pricing is now 5.0% above year-ago levels. Based on the quarterly seasonality of 2024 earnings, first quarter earnings of $2.60 per share should translate into full year earnings of $17.36 per share.
Royal Caribbean Group President and CEO Jason Liberty joins 'Mad Money' host Jim Cramer to talk the impact of tariffs on customer spending, demand in the travel sector, consumer trends, and more.
Royal Caribbean Group President and CEO Jason Liberty joins 'Mad Money' host Jim Cramer to talk the impact of tariffs on customer spending, demand in the travel sector, consumer trends, and more.