Royal Caribbean's (RCL) impressive booking volumes, increased onboard spending and strong return on invested capital highlight its capacity to leverage the growing travel demand.
Shares of Royal Caribbean Cruises are trading near their all-time highs. Record demand for cruises and higher pricing are driving earnings momentum.
Royal Caribbean stock has more than tripled in the last 18 months, but it's somehow trading for just 12 times next year's projected earnings. Fundamentals continue to improve for all of the industry players, but Royal Caribbean is leading the way across most metrics that matter including shareholder returns.
Consumer discretionary stocks such as Royal Caribbean Cruises Ltd. (RCL), Crocs, Inc. (CROX), Interface, Inc. (TILE) and PVH Corp. (PVH) are likely to benefit form the steady growth in consumer spending.
Head of Quantitative Strategies Steven Cress shares data-driven top 3 summer travel stocks. Royal Caribbean Cruise is highlighted for strong growth and profitability.
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.
Royal Caribbean (RCL) closed at $161.40 in the latest trading session, marking a +0.42% move from the prior day.
Royal Caribbean (RCL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Zacks.com users have recently been watching Royal Caribbean (RCL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Carnival Corporation & plc reported surprising profits, even in off-peak months, with record customer deposits and increased cash flow. The numbers should provide confidence in Royal Caribbean Cruises Ltd. topping 2024 EPS targets of $11. Royal Caribbean Cruises stock is cheap at only 11x '26 EPS targets.
Cruise stocks are absolutely surging today. Whether investors are looking at Carnival (NYSE: CCL ), Royal Caribbean (NYSE: RCL ) or Norwegian Cruise Line (NYSE: NCLH ), gains of between 4% and 8% are in order during the Tuesday session.
Royal Caribbean is undervalued and poised for double-digit growth due to strong EBITDA growth and favorable balance sheet management. The company is expected to benefit from double-digit growth in the cruise industry and higher net yields compared to competitors. Management's efficient debt management and plans for capacity expansion contribute to a positive investment thesis for Royal Caribbean.