Shares of Carnival Co. & plc (NYSE:CUK - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $19.05, but opened at $18.34. Carnival Co. & shares last traded at $18.22, with a volume of 729,340 shares trading hands.
Carnival Co. & Price Performance
The firm has a 50 day moving average price of $21.83 and a 200 day moving average price of $20.83. The stock has a market capitalization of $3.58 billion, a PE ratio of 13.72 and a beta of 2.72. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80.
Carnival Co. & (NYSE:CUK - Get Free Report) last issued its quarterly earnings results on Friday, March 21st. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business had revenue of $5.81 billion during the quarter, compared to analysts' expectations of $6.19 billion. Research analysts anticipate that Carnival Co. & plc will post 1.7 earnings per share for the current year.
Institutional Investors Weigh In On Carnival Co. &
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CUK. GAMMA Investing LLC increased its stake in shares of Carnival Co. & by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock worth $66,000 after purchasing an additional 652 shares in the last quarter. Blue Trust Inc. boosted its holdings in Carnival Co. & by 18.7% in the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company's stock worth $83,000 after buying an additional 583 shares during the period. Legal & General Group Plc increased its stake in Carnival Co. & by 106.2% in the 4th quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock worth $156,000 after buying an additional 3,562 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in Carnival Co. & during the fourth quarter valued at about $158,000. Finally, First Trust Advisors LP bought a new stake in Carnival Co. & during the fourth quarter valued at about $202,000. Institutional investors own 23.80% of the company's stock.
Carnival Co. & Company Profile
(
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Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.
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