Carnival Corp [CCL] gain 39.70% so far this year. What now?

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Carnival Corp [NYSE: CCL] closed the trading session at $25.90.

The stocks have a year to date performance of 39.70 percent and weekly performance of -2.67 percent. The stock has been moved at 68.84 percent over the last six months. The stock has performed 5.50 percent around the most recent 30 days and changed 45.26 percent over the most recent 3-months.

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If compared to the average trading volume of 26.12M shares, CCL reached to a volume of 13319930 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 Carnival Corp [CCL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CCL shares is $27.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CCL stock is a recommendation set at 1.69. 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.

Bernstein have made an estimate for Carnival Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on November 26, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price to Buy. The new note on the price target was released on March 26, 2024, representing the official price target for Carnival Corp stock. Previously, the target price had yet another raise to $20, while Goldman analysts kept a Buy rating on CCL stock.

The Average True Range (ATR) for Carnival Corp is set at 0.76, with the Price to Sales ratio for CCL stock in the period of the last 12 months amounting to 1.31. The Price to Book ratio for the last quarter was 3.82, with the Price to Cash per share for the same quarter was set at 1.23. Price to Free Cash Flow for CCL in the course of the last twelve months was 26.26 with Quick ratio for the last quarter at 0.23.

CCL stock trade performance evaluation

Carnival Corp [CCL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.67. With this latest performance, CCL shares gained by 5.50% in over the last four-week period, additionally plugging by 68.84% over the last 6 months – not to mention a rise of 41.76% 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 CCL stock in for the last two-week period is set at 58.60, with the RSI for the last a single of trading hit 53.74, and the three-weeks RSI is set at 61.64 for Carnival Corp [CCL]. The present Moving Average for the last 50 days of trading for this stock 23.28, while it was recorded at 25.98 for the last single week of trading, and 18.02 for the last 200 days.

Carnival Corp [CCL]: An insightful look at the core fundamentals

Carnival Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.23 and a Current Ratio set at 0.27.

Carnival Corp [CCL]: Institutional Ownership

There are presently around $62.21%, or 67.36%% of CCL stock, in the hands of institutional investors. The top three institutional holders of CCL stocks are: VANGUARD GROUP INC with ownership of 113.84 million shares, which is approximately 8.985%. BLACKROCK INC., holding 68.77 million shares of the stock with an approximate value of $$1.29 billion in CCL stocks shares; and BLACKROCK INC., currently with $$732.41 million in CCL stock with ownership which is approximately 3.088%.