The latest trading day saw Carnival (CCL) settling at $19.69, representing a +0.82% change from its previous close.
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Carnival (CCL) concluded the recent trading session at $18.63, signifying a +1.58% move from its prior day's close.
In the closing of the recent trading day, Carnival (CCL) stood at $18.34, denoting a -1.98% change from the preceding trading day.
Carnival (CCL -0.90%) (CUK -0.82%) stock was once the prototypical value stock that beat the market and paid an attractive dividend. In a cautionary tale for investors, the company was dealt a huge blow during the pandemic, and it's still clawing its way back.
The industry has been steadfast in its view that bookings and pricing remain strong. The stock market has a different take.
Carnival Corporation has shown significant improvement in fundamentals, with strong booking volumes and customer deposits reaching record levels, indicating robust demand recovery. Passenger occupancy and onboard spending are both nearing or exceeding pre-pandemic levels, reflecting resilient consumer demand. Despite previous concerns about high debt and cash burn, CCL's positive cash flow and improved credit ratings make it an attractive investment.
Carnival's strong booking volumes, strategic brand integrations, and disciplined fleet management fuel optimism. Yet, cost pressures ail.
Foreign visitors are snubbing the country as President Donald Trump's tariffs regime takes hold.
CCL has had the much needed selloff from recent heights, with it already triggering the cheaper valuations and near doubling upside potential over the next few years. Part of the headwinds are naturally attributed to the near-term risks from rising anti-US sentiments and ongoing pullback in foreign tourism, thanks to the ongoing tariff war. Even so, readers must note CCL's growing customer deposits at higher yields, as similarly observed in the management's raised FY2025 guidance.
With eight different cruise lines catering to a wide demographic, as well as more than 90 ships in operation, Carnival (CCL 0.42%) is the largest cruise line operator on the planet.
Carnival (CCL 0.42%) (CUK 0.50%) hasn't been immune to investors' worries about President Trump's latest taxation plans. In fact, two elements in particular have weighed on appetite for the cruising giant over the past several weeks.