Royal Caribbean Cruises Ltd. [NYSE: RCL] stock went on an upward path that rose over 12.24% on Friday, amounting to a one-week price decrease of less than -11.90%. Over the last 12 months, RCL stock dropped by -50.04%. The one-year Royal Caribbean Cruises Ltd. stock forecast points to a potential upside of 6.06. The average equity rating for RCL stock is currently 2.30, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $11.41 billion, with 209.10 million shares outstanding and 170.84 million shares in the current float. Compared to the average trading volume of 24.71M shares, RCL stock reached a trading volume of 25909735 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Guru’s Opinion on Royal Caribbean Cruises Ltd. [RCL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RCL shares is $65.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RCL stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Royal Caribbean Cruises Ltd. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on June 03, 2020. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on May 21, 2020, representing the official price target for Royal Caribbean Cruises Ltd. stock. Previously, the target price had yet another raise to $25, while BofA/Merrill analysts kept a Underperform rating on RCL stock.
The Average True Range (ATR) for Royal Caribbean Cruises Ltd. is set at 6.07, with the Price to Sales ratio for RCL stock in the period of the last 12 months amounting to 1.08. The Price to Book ratio for the last quarter was 1.25, with the Price to Cash per share for the same quarter was set at 20.86.
RCL Stock Performance Analysis:
Royal Caribbean Cruises Ltd. [RCL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.90. With this latest performance, RCL shares gained by 77.18% in over the last four-week period, additionally sinking by -50.39% over the last 6 months – not to mention a drop of -50.04% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RCL stock in for the last two-week period is set at 57.91, with the RSI for the last a single of trading hit 55.52, and the three-weeks RSI is set at 56.68 for Royal Caribbean Cruises Ltd. [RCL]. The present Moving Average for the last 50 days of trading for this stock 43.58, while it was recorded at 64.86 for the last single week of trading, and 89.22 for the last 200 days.
Insight into Royal Caribbean Cruises Ltd. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Royal Caribbean Cruises Ltd. [RCL] shares currently have an operating margin of +18.87 and a Gross Margin at +33.11. Royal Caribbean Cruises Ltd.’s Net Margin is presently recorded at +17.16.
Return on Total Capital for RCL is now 8.82, given the latest momentum, and Return on Invested Capital for the company is 9.25. Return on Equity for this stock inclined to 16.15, with Return on Assets sitting at 6.48. When it comes to the capital structure of this company, Royal Caribbean Cruises Ltd. [RCL] has a Total Debt to Total Equity ratio set at 96.46. Additionally, RCL Total Debt to Total Capital is recorded at 49.10, with Total Debt to Total Assets ending up at 38.70. Long-Term Debt to Equity for the company is recorded at 74.12, with the Long-Term Debt to Total Capital now at 37.73.
Reflecting on the efficiency of the workforce at the company, Royal Caribbean Cruises Ltd. [RCL] managed to generate an average of $22,001 per employee. Receivables Turnover for the company is 34.75 with a Total Asset Turnover recorded at a value of 0.38.Royal Caribbean Cruises Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.50.
RCL Stock EPS
With the latest financial reports released by the company, Royal Caribbean Cruises Ltd. posted 2.54/share EPS, while the average EPS was predicted by analysts to be reported at 2.45/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RCL.
Royal Caribbean Cruises Ltd. [RCL] Insider Position Details
There are presently around $8,787 million, or 70.10% of RCL stock, in the hands of institutional investors. The top three institutional holders of RCL stocks are: VANGUARD GROUP INC with ownership of 19,034,757, which is approximately 2.512% of the company’s market cap and around 0.90% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 14,133,901 shares of the stock with an approximate value of $864.71 million in RCL stocks shares; and BLACKROCK INC., currently with $715.86 million in RCL stock with ownership of nearly -4.646% of the company’s market capitalization.
Positions in Royal Caribbean Cruises Ltd. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 296 institutional holders increased their position in Royal Caribbean Cruises Ltd. [NYSE:RCL] by around 36,088,553 shares. Additionally, 439 investors decreased positions by around 50,550,797 shares, while 46 investors held positions by with 56,985,379 shares. The mentioned changes placed institutional holdings at 143,624,729 shares, according to the latest SEC report filing. RCL stock had 111 new institutional investments in for a total of 18,462,049 shares, while 244 institutional investors sold positions of 12,352,169 shares during the same period.