Media stories about Carnival (NYSE:CUK) have been trending negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Carnival earned a daily sentiment score of -2.75 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Carnival’s analysis:
- Kraft, Fiat rise; Carnival, Charles Schwab fall – MyMotherLode.com (mymotherlode.com)
- Carnival PLC – Carnival public stock offering (finanznachrichten.de)
- Carnival PLC – AIDA Cruises expands range of cruises with new voyages (finanznachrichten.de)
- Carnival is selling 18 ships as cruises remain canceled – Miami Herald (miamiherald.com)
- Carnival (NYSE:CUK) Stock Price Down 9.7% (americanbankingnews.com)
Carnival stock traded up $0.28 during trading on Wednesday, hitting $13.46. The company’s stock had a trading volume of 59,825 shares, compared to its average volume of 1,532,888. The stock’s fifty day moving average is $13.16 and its 200 day moving average is $13.96. Carnival has a 1-year low of $7.08 and a 1-year high of $49.03. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of -3.35 and a beta of 1.94. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.66 and a current ratio of 0.69.
Carnival (NYSE:CUK) last announced its quarterly earnings results on Friday, July 10th. The company reported ($3.30) earnings per share for the quarter. The company had revenue of $740.00 million during the quarter. Carnival had a negative net margin of 17.53% and a positive return on equity of 0.06%.
A number of equities analysts have recently issued reports on CUK shares. Morgan Stanley reissued an “underweight” rating on shares of Carnival in a research note on Wednesday, August 12th. ValuEngine lowered shares of Carnival from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. Barclays reiterated an “equal weight” rating on shares of Carnival in a research report on Monday, June 22nd. Berenberg Bank upgraded shares of Carnival from a “sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Finally, TheStreet cut shares of Carnival from a “c-” rating to a “d” rating in a research report on Monday, July 20th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Carnival currently has an average rating of “Hold”.
Carnival plc operates as a leisure travel company in North America, Australia, Europe, and Asia. It operates in four segments: North America and Australia Cruise Operations, Europe and Asia Cruise Operations, Cruise Support, and Tour and Other. The company operates cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa, AIDA, P&O Cruises (UK), and Cunard brand names.
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