Royal Caribbean Group [RCL] Is Currently -1.16 below its 200 Period Moving Avg: What Dose This Mean?

Royal Caribbean Group [NYSE: RCL] loss -1.16% on the last trading session, reaching $83.99 price per share at the time. The company report on April 29, 2021 that Royal Caribbean Group provides business update and reports on first quarter 2021.

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Royal Caribbean Group (NYSE: RCL) commented on the business considering the global COVID-19 pandemic and reported financial results for the first quarter of 2021.

Business UpdateSince the last business update, the Company has announced new itineraries for this summer for eleven additional ships from the Caribbean and Europe in addition to the four ships already sailing. The initial reaction to these announcements has been positive, highlighting the strong demand for cruising. These cruises are taking place with adjusted passenger capacity and the enhanced health protocols developed with government and health authorities, and guidance from the Healthy Sail Panel.

Royal Caribbean Group represents 243.00 million in outstanding shares, while the company has a total market value of $19.91 billion with the latest information. RCL stock price has been found in the range of $81.56 to $84.05.

If compared to the average trading volume of 5.12M shares, RCL reached a trading volume of 2818950 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $91.00 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.

Macquarie have made an estimate for Royal Caribbean Group shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 02, 2021. The new note on the price target was released on February 12, 2021, representing the official price target for Royal Caribbean Group stock. Previously, the target price had yet another raise to $68, while Barclays analysts kept a Overweight rating on RCL stock.

The Average True Range (ATR) for Royal Caribbean Group is set at 3.51, with the Price to Sales ratio for RCL stock in the period of the last 12 months amounting to 91.28. The Price to Book ratio for the last quarter was 2.22, with the Price to Cash per share for the same quarter was set at 21.48.

Trading performance analysis for RCL stock

Royal Caribbean Group [RCL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.61. With this latest performance, RCL shares gained by 3.60% in over the last four-week period, additionally plugging by 11.25% over the last 6 months – not to mention a rise of 99.26% 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 49.62, with the RSI for the last a single of trading hit 51.08, and the three-weeks RSI is set at 49.55 for Royal Caribbean Group [RCL]. The present Moving Average for the last 50 days of trading for this stock 85.93, while it was recorded at 83.25 for the last single week of trading, and 74.01 for the last 200 days.

Royal Caribbean Group [RCL]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Royal Caribbean Group [RCL] shares currently have an operating margin of -132.80 and a Gross Margin at -80.83. Royal Caribbean Group’s Net Margin is presently recorded at -262.47.

Return on Total Capital for RCL is now -11.02, given the latest momentum, and Return on Invested Capital for the company is -23.93. Return on Equity for this stock declined to -55.41, with Return on Assets sitting at -18.47. When it comes to the capital structure of this company, Royal Caribbean Group [RCL] has a Total Debt to Total Equity ratio set at 228.24. Additionally, RCL Total Debt to Total Capital is recorded at 69.53, with Total Debt to Total Assets ending up at 61.59. Long-Term Debt to Equity for the company is recorded at 211.42, with the Long-Term Debt to Total Capital now at 64.41.

Reflecting on the efficiency of the workforce at the company, Royal Caribbean Group [RCL] managed to generate an average of -$68,205 per employee. Receivables Turnover for the company is 7.49 with a Total Asset Turnover recorded at a value of 0.07.Royal Caribbean Group’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.

Royal Caribbean Group [RCL]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Royal Caribbean Group posted -6.13/share EPS, while the average EPS was predicted by analysts to be reported at -4.82/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -27.20%. 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.

An analysis of insider ownership at Royal Caribbean Group [RCL]

There are presently around $14,279 million, or 65.20% of RCL stock, in the hands of institutional investors. The top three institutional holders of RCL stocks are: VANGUARD GROUP INC with ownership of 22,623,560, which is approximately 15.612% of the company’s market cap and around 7.60% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 22,080,147 shares of the stock with an approximate value of $1.85 billion in RCL stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $1.24 billion in RCL stock with ownership of nearly 18.56% 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 April and at the time of the April reporting period, where 394 institutional holders increased their position in Royal Caribbean Group [NYSE:RCL] by around 31,943,090 shares. Additionally, 243 investors decreased positions by around 12,928,091 shares, while 115 investors held positions by with 125,132,219 shares. The mentioned changes placed institutional holdings at 170,003,400 shares, according to the latest SEC report filing. RCL stock had 127 new institutional investments in for a total of 5,603,492 shares, while 83 institutional investors sold positions of 2,231,222 shares during the same period.

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