Royal Caribbean Group (NYSE: RCL) has a price-to-earnings ratio that is above its average at 20.64x. The stock has a 36-month beta value of 2.54. Opinions on the stock are mixed, 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 at present, short sellers hold a 6.51% of that float. On April 16, 2024, the average trading volume of RCL was 2.79M shares.
RCL) stock’s latest price update
Royal Caribbean Group (NYSE: RCL)’s stock price has gone decline by -0.39 in comparison to its previous close of 127.67, however, the company has experienced a -8.04% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-15 that Investors looking for stocks in the Leisure and Recreation Services sector might want to consider either Royal Caribbean (RCL) or Atour Lifestyle Holdings Limited Sponsored ADR (ATAT). But which of these two companies is the best option for those looking for undervalued stocks?
RCL’s Market Performance
RCL’s stock has fallen by -8.04% in the past week, with a monthly drop of -1.20% and a quarterly rise of 4.92%. The volatility ratio for the week is 4.17% while the volatility levels for the last 30 days are 2.84% for Royal Caribbean Group. The simple moving average for the past 20 days is -5.70% for RCL’s stock, with a 15.56% simple moving average for the past 200 days.
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 -0.12% 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 -10.25% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 4.17%, as shares sank -1.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.17% upper at present.
During the last 5 trading sessions, RCL fell by -8.04%, which changed the moving average for the period of 200-days by +23.31% in comparison to the 20-day moving average, which settled at $134.77. In addition, Royal Caribbean Group saw -1.79% in overturn over a single year, with a tendency to cut further losses.
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 3.9. 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
To sum up, Royal Caribbean Group (RCL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
