The stock of Royal Caribbean Group (RCL) has seen a -4.78% decrease in the past week, with a 2.67% gain in the past month, and a 5.44% flourish in the past quarter. The volatility ratio for the week is 2.62%, and the volatility levels for the past 30 days are at 2.40% for RCL. The simple moving average for the last 20 days is -2.70% for RCL stock, with a simple moving average of 19.64% for the last 200 days.
Is It Worth Investing in Royal Caribbean Group (NYSE: RCL) Right Now?
The price-to-earnings ratio for Royal Caribbean Group (NYSE: RCL) is above average at 21.25x, Company’s 36-month beta value is 2.53.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 10 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for RCL is 235.75M, and currently, short sellers hold a 6.65% ratio of that floaft. The average trading volume of RCL on April 09, 2024 was 2.66M shares.
RCL) stock’s latest price update
The stock of Royal Caribbean Group (NYSE: RCL) has decreased by -5.36 when compared to last closing price of 138.29. Despite this, the company has experienced a -4.78% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-09 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Analysts’ Opinion of RCL
Many brokerage firms have already submitted their reports for RCL stocks, with Goldman repeating the rating for RCL by listing it as a “Buy.” The predicted price for RCL in the upcoming period, according to Goldman is $162 based on the research report published on March 13, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see RCL reach a price target of $127. The rating they have provided for RCL stocks is “Buy” according to the report published on November 21st, 2023.
HSBC Securities gave a rating of “Buy” to RCL, setting the target price at $115 in the report published on October 23rd of the previous year.
RCL Trading at 3.12% from the 50-Day Moving Average
After a stumble in the market that brought RCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.64% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 2.62%, as shares surge +1.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.51% upper at present.
During the last 5 trading sessions, RCL fell by -5.23%, which changed the moving average for the period of 200-days by +33.73% in comparison to the 20-day moving average, which settled at $134.62. In addition, Royal Caribbean Group saw 1.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RCL starting from Bayley Michael W, who sale 11,753 shares at the price of $116.01 back on Feb 13 ’24. After this action, Bayley Michael W now owns 166,537 shares of Royal Caribbean Group, valued at $1,363,486 using the latest closing price.
Wilhelmsen Arne Alexander, the Director of Royal Caribbean Group, sale 284,766 shares at $121.73 during a trade that took place back on Dec 14 ’23, which means that Wilhelmsen Arne Alexander is holding 19,167,507 shares at $34,664,565 based on the most recent closing price.
Stock Fundamentals for RCL
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.42 for the gross margin
The net margin for Royal Caribbean Group stands at 0.07. The total capital return value is set at 0.11. Equity return is now at value 44.72, with 4.93 for asset returns.
Based on Royal Caribbean Group (RCL), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 4.55. The interest coverage ratio of the stock is 2.06.
Currently, EBITDA for the company is 4.34 billion with net debt to EBITDA at 4.95. When we switch over and look at the enterprise to sales, we see a ratio of 3.97. The receivables turnover for the company is 34.32for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.19.
Conclusion
In a nutshell, Royal Caribbean Group (RCL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
