Carnival Corporation Ltd. (CCL)
Carnival Just Surged 17% in a Month: Take Profits, or Buy More?
A record booking report has made Carnival (NYSE:CCL | CCL Price Prediction) a standout among the major cruise operators. Carnival stock is up 17% to $26.
Can Carnival's 0.5% Capacity Growth Support Higher FY27 Yields?
CCL is leveraging record advance bookings and strong demand to drive higher yields in FY27, while Caribbean competition and loyalty-related headwinds ail.
Should You Buy, Sell or Hold Carnival Stock Post Q3 Earnings?
CCL's 18.1% post-earnings rally, record bookings and discounted valuation boost its appeal, but fuel costs and capacity pressures warrant caution.
Investors Heavily Search Carnival Corporation (CCL): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Carnival (CCL). This makes it worthwhile to examine what the stock has in store.
Carnival Is Half Booked for FY27: Can Record Pricing Hold?
CCL has about half of fiscal 2027 booked at record pricing, while deposits hit $7.6B and 2028 bookings lead prior-year levels.
Carnival: Fuel/Macro Risks Overblown; Resilient Cruise Demand At Higher Prices
Diversified exposure across European and Caribbean destinations allows Carnival Corporation to report robust booking trends, aided by the more attractively priced positioning. The rich net yields, the healthier balance sheet, and the prudent capacity expansions underpin their resilient prospects amid macro/geopolitical headwinds. CCL's meltdown has contributed to the cheap 4Y PEG ratio of 0.22x, the expanded dividend yield of 2.44%, and the significant upside potential to my LTPT of $49.20.
Carnival: The Q3 Print Validates My Bull Thesis On A Few Fronts
I have to admit that I got spooked when geopolitical tensions took center stage last February. As a long-term shareholder, I am still well and truly haunted by what happened. That said, I decided to take a bullish stance on Carnival after its Q2 print a few months ago based on two key expectations. After establishing the real reasons behind the CCL downturn and digesting the Q3 report, my conviction in Carnival has only gotten stronger.
Carnival Q3: Strong Bookings Overcome Higher Fuel, Shares Fairly Valued
Shares in Carnival were boosted higher following the release of a strong Q3. The cruise operator reported strong booking trends, which more than offset higher fuel costs. CCL also generated over +$150M in operational improvements during the quarter.
Why Carnival Stock Rose 13% After Earnings Yesterday
Carnival Corporation Ltd. showed a massive 13% uptick following its Q3 results yesterday as the company exceeded expectations and raised guidance too. While near term risks continue to persist due to the U.S.-Iran war, with expected continued impacts on inflation and interest rates, the company's resilience still impresses. It also helps that Carnival's market multiples are attractive compared with peers and both its overall costs and interest expenses are in check.
IPO Chill Effect in the Air? Plus, Carnival Logs Higher Profit
Also, NY Fed President Williams hints that the next rate hike can wait.
Carnival Q3 Earnings Call Highlights
Carnival NYSE: CCL reported record third-quarter revenue, yields and net income, with results exceeding its prior guidance as stronger close-in bookings, onboard spending and cost controls offset higher fuel prices.
Carnival Is Still Down 18% This Year: Did Today Just Mark the Bottom?
A quarterly beat on both earnings and revenue is sending Carnival (NYSE:CCL | CCL Price Prediction) stock sharply higher, yet the cruise operator's share price remains deep in the red for the year. Carnival stock is up 14% to $25.
