Sunday, February 28, 2021

Royal Caribbean Group [RCL] Revenue clocked in at $4.69 billion, down -36.78% YTD: What’s Next?

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Royal Caribbean Group [NYSE: RCL] surged by $3.76 during the normal trading session on Thursday and reaching a high of $85.10 during the day while it closed the day at $84.40. The company report on December 4, 2020 that The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of RCL, MESO and LVS.

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The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.


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Royal Caribbean Cruises Ltd. (NYSE:RCL)Class Period: February 4, 2020 – March 17, 2020Lead Plaintiff Deadline: December 7, 2020.

Royal Caribbean Group stock has also gained 5.39% of its value over the past 7 days. However, RCL stock has inclined by 20.23% in the 3 months of the year. Over the past six months meanwhile, it has gained 21.54% and lost -36.78% year-on date.

The market cap for RCL stock reached $18.61 billion, with 214.16 million shares outstanding and 187.79 million shares in the current float. Compared to the average trading volume of 7.33M shares, RCL reached a trading volume of 5815297 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Royal Caribbean Group [RCL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RCL shares is $60.23 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 2.60. 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.

Barclays have made an estimate for Royal Caribbean Group shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 25, 2020. The new note on the price target was released on July 14, 2020, representing the official price target for Royal Caribbean Group stock. Previously, the target price had yet another drop from $56 to $52, while Macquarie kept a Neutral rating on RCL stock. On June 24, 2020, analysts decreased their price target for RCL shares from 55 to 50.

The Average True Range (ATR) for Royal Caribbean Group is set at 4.10, with the Price to Sales ratio for RCL stock in the period of the last 12 months amounting to 3.97. The Price to Book ratio for the last quarter was 2.17, with the Price to Cash per share for the same quarter was set at 13.68.

RCL stock trade performance evaluation

Royal Caribbean Group [RCL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.39. With this latest performance, RCL shares gained by 46.60% in over the last four-week period, additionally plugging by 21.54% over the last 6 months – not to mention a drop of -29.73% 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 66.84, with the RSI for the last a single of trading hit 70.91, and the three-weeks RSI is set at 64.81 for Royal Caribbean Group [RCL]. The present Moving Average for the last 50 days of trading for this stock 67.00, while it was recorded at 80.72 for the last single week of trading, and 55.63 for the last 200 days.

Royal Caribbean Group [RCL]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Royal Caribbean Group [RCL] shares currently have an operating margin of +18.87 and a Gross Margin at +33.11. Royal Caribbean Group’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 Group [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 Group [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 Group’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.80.

Earnings per share (EPS) analysis for Royal Caribbean Group [RCL] stock

With the latest financial reports released by the company, Royal Caribbean Group posted 1.42/share EPS, while the average EPS was predicted by analysts to be reported at 1.42/share. 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 Group [RCL]: Insider Ownership positions

There are presently around $11,381 million, or 61.50% of RCL stock, in the hands of institutional investors. The top three institutional holders of RCL stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 19,607,131, which is approximately 18.941% of the company’s market cap and around 8.20% of the total institutional ownership; VANGUARD GROUP INC, holding 19,161,197 shares of the stock with an approximate value of $1.62 billion in RCL stocks shares; and BLACKROCK INC., currently with $1.03 billion in RCL stock with ownership of nearly 2.81% of the company’s market capitalization.

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Positions in Royal Caribbean Group stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 269 institutional holders increased their position in Royal Caribbean Group [NYSE:RCL] by around 12,345,346 shares. Additionally, 263 investors decreased positions by around 9,927,624 shares, while 107 investors held positions by with 112,575,372 shares. The mentioned changes placed institutional holdings at 134,848,342 shares, according to the latest SEC report filing. RCL stock had 105 new institutional investments in for a total of 1,616,769 shares, while 80 institutional investors sold positions of 4,471,064 shares during the same period.

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