Carnival Corporation & Plc (NYSE:CCL) went up by 0.18% from its latest closing price when compared to the 1-year high value of $51.94 and move down -214.6%, while CCL stocks collected 3.90% of gains with the last five trading sessions. Barron's reported 1 hour ago that Tesla Has Accelerated Gains in the Convertible Bond Market
Carnival Corporation & Plc (NYSE:CCL) Worth an Investment?
Carnival Corporation & Plc (NYSE: CCL) The 36 Months beta value for CCL stocks is at 1.94, while 1 of the analysts out of 20 who provided ratings for Carnival Corporation & Plc stocks as a “buy” while 0 as overweight, 15 rated it as hold and 3 as sell. The average price we get from analysts is $14.87 which is -$1.17 below current price. CCL currently has a short float of 13.93% and public float of 606.79M with average trading volume of 42.76M shares.
CCL Market Performance
CCL stocks went up by 3.90% for the week, with the monthly jump of 26.32% and a quarterly performance of -4.29%, while its annual performance rate touched -62.19%. The simple moving average for the period of the last 20 days is 9.01% for CCL stocks with the simple moving average of -37.51% for the last 200 days.
Analysts’ Opinion on Carnival Corporation & Plc (NYSE:CCL)
Many brokerage firms have already submitted their reports for CCL stocks, with HSBC Securities repeating the rating for CCL shares by setting it to “Hold”. The predicted price for CCL socks in the upcoming period according to HSBC Securities is $85 based on the research report published on July 21, 2020.
SunTrust, on the other hand, stated in their research note that they expect to see CCL stock at the price of $10. The rating they have provided for CCL stocks is “Sell” according to the report published on July 14, 2020.
Macquarie gave “ Neutral” rating to CCL stocks, setting the target price at $18 in the report published on July 14, 2020.
CCL Stocks 7.83% Far from 50 Day Moving Average
After a stumble in the market that brought CCL to its low price for the period of the last 52 weeks, Carnival Corporation & Plc was unable to take a rebound, for now settling with -68.21% of loss for the given period.
The stock volatility was left at 6.03%, however, within the period of a single month, the volatility rate increased by 5.37%, while the shares surge at the distance of +20.16% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -4.18% lower at the present time.
In the course of the last 5 trading sessions, CCL went up by +3.90%, which changed the moving average for the period of 200 days to the total of -62.85% of losses for the stock in comparison to the 20-day moving average settled at $15.28. In addition, Carnival Corporation & Plc saw -67.52% in overturn over the period of a single year with a tendency to cut further losses.
CCL Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Carnival Corporation & Plc (CCL), starting from WEISENBURGER RANDALL J, who bought 1,250,000 shares at the price of $8.00 back on Apr 06. After this action, Rushing now owns 1,375,352 shares of Carnival Corporation & Plc, valued at $10,000,000 with the latest closing price.
BAND SIR JONATHON, the Director of Carnival Corporation & Plc, sold 5,000 shares at the value of $40.83 during a trade that took place back on Oct 03, which means that BAND SIR JONATHON is holding 18,736 shares at the value of $204,151 based on the most recent closing price.
CCL Stock Fundamentals
The current profitability levels are settled at +15.74 for the present operating margin and +27.65 for gross margin. The net margin for Carnival Corporation & Plc stands at +14.36. Total capital return value is set at 9.15, while invested capital returns managed to touch 8.88. Equity return holds the value -12.30%, with -6.40% for asset returns.
Based on Carnival Corporation & Plc (CCL), the company’s capital structure generated 45.35 points for debt to equity in total, while total debt to capital is set at the value of 31.20. Total debt to assets is settled at the value of 25.53 with long-term debt to equity ratio rests at 12.56 and long-term debt to capital is 38.14.
The value for Enterprise to Sales is 2.03 with debt to enterprise value settled at 0.27. The receivables turnover for Carnival Corporation & Plc is 43.57 with the total asset turnover at the value of 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.23.