Stock To Watch: Carnival Corporation (NYSE:CCL)


The leading market experts have placed a mean price target of $57.00 on Carnival Corporation (NYSE:CCL) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.59 a share for the upcoming quarter and $3.33 for the current fiscal. Technical View The technical analysis of Carnival Corporation Common Sto plainly substantiates that the 50-day moving average of Carnival Corporation Common Sto is $46.19, and stock is hovering -0.25 or -0.55% distant from $46.19. It is noted that the 200-day MA is $48.30, and Carnival Corporation Common Sto stock is $-2.36 or -4.89% off from this point. Carnival Corporation (NYSE:CCL) 52-week high is $55.77 and the 52-week low is $40.52. This explains if the stock moves $-9.83, it will post a 52-week high. In event of $+13.38% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Carnival Corporation Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Carnival Corporation (NYSE:CCL) ratio came in at 15.83. The stock last ended the trading session at $45.94 and registered a market cap of $34.23B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Carnival Corporation (NYSE:CCL) PEG ratio is at 0.85.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 15 times, 1 visits today)