The Royal Caribbean Cruises Ltd. (NYSE:RCL) is going down by -0.97% in today’s trading session, a fall equivalent to -1.16% of the stock’s price from yesterday’s market close. A news came out on 11/29/19 stating that Here are the best cruise deals on Black Friday — and why you may want to skip them by MARKETWATCH. The lowest point that the shares touched during the trading session was $118.44, while the peak of the day was recorded at a share price of $120.4155. RCL finished the previous session at $119.15 according to the data provided by Barchart, while the trading volume was observed to be $667472.
In the 100 days of trading, RCL managed to top a 110.62% Moving average. Additionally, Royal Caribbean Cruises Ltd. shares have achieved a 52-week range between 89.48 and 131.04 alongside 100 days raw stochastic set at 83.73%.
The number of shares outstanding, according to the fundamentals of the company, is set at 211.87M, equal to the value of $25.24B in market capitalization. In the last 30 days, Royal Caribbean Cruises Ltd. shares went down by -2.79%, adding 121.31 to growth in value, on top of a +6.16% boost since 11/01/19.
Royal Caribbean Cruises Ltd. (NYSE:RCL) Analyst’s Estimates
Royal Caribbean Cruises Ltd. (RCL) could record at least $1.41 per share in quarterly earnings in the upcoming report on 01/31/2020, a number that would actually represent an increase of 10.63 YOY.
On October 18, 2019, the stock earned a Upgrade rating due to a new analyst call from Macquarie, while analysts from Argus believe that the stock is set at Hold from Buy, as concluded on August 13, 2019. Deutsche Bank, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on August 29, 2018.
Regardless of the rating, Susquehanna did increase their price from $142 to $146 as they are considering target share price analysis. Stifel, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on January 25, 2018, giving the stock a Buy rating.
RCL Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +33.79% has been attained, while the operating margin has been recorded at +20.07%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 7.24%. Beta value of the stock is recorded at 1.42. Additionally, Royal Caribbean Cruises Ltd. is recording price volatility of 1.27% for the period of the last seven days and 1.70% in the last 30 days.
Royal Caribbean Cruises Ltd. (NYSE:RCL) Technical Outlook
For the period of the last 50 days, Royal Caribbean Cruises Ltd. had its Raw Stochastic average set at 83.73% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 65.93%. Stochastic %K for Royal Caribbean Cruises Ltd., with the last 20 days included, was set at 78.01%, having Stochastic %D topping 87.91%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Royal Caribbean Cruises Ltd. stocks with recording 21.84% in metrics.
Royal Caribbean Cruises Ltd. Insider Watch:
Similarly, 89.84% of the company’s float is held by institutions – and there are 923 institutions in total holding shares of this company. The top three institutional holders of RCL stocks are: Vanguard Group, Inc. (The) with ownership of $2.0 billion, which is approximately 18420800 of the company’s shares; Blackrock Inc., holding 12046335 shares of the stock with an approximate value of $1.3 billion; and Primecap Management Company, currently with more than 9471311 shares of the company valued at $1.03 billion. Positions in Royal Caribbean Cruises Ltd. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 4 insider purchases amounting to 58726 shares. Similarly, there were 9 sale transactions amounting to 8521446 shares, with the net shares purchased during the last six months reaching -8,462,720.