Carnival Co. & FY2025 EPS Forecast Raised by William Blair

Carnival Co. & plc (NYSE:CCL - Free Report) - William Blair boosted their FY2025 earnings per share estimates for Carnival Co. & in a report released on Monday, January 13th. William Blair analyst S. Zackfia now forecasts that the company will post earnings per share of $1.73 for the year, up from their previous estimate of $1.72. The consensus estimate for Carnival Co. &'s current full-year earnings is $1.74 per share. William Blair also issued estimates for Carnival Co. &'s FY2026 earnings at $1.96 EPS.

Carnival Co. & (NYSE:CCL - Get Free Report) last issued its earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.06. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period in the previous year, the company posted ($0.07) earnings per share. The firm's revenue for the quarter was up 10.0% on a year-over-year basis.

Several other equities research analysts also recently commented on CCL. The Goldman Sachs Group boosted their price objective on Carnival Co. & from $24.00 to $32.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. Bank of America lifted their target price on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Wells Fargo & Company upped their target price on Carnival Co. & from $25.00 to $30.00 and gave the company an "overweight" rating in a report on Monday, December 16th. Sanford C. Bernstein began coverage on Carnival Co. & in a research report on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 price objective on the stock. Finally, Macquarie boosted their target price on shares of Carnival Co. & from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $27.18.

Carnival Co. & Stock Up 0.5 %

Shares of NYSE CCL traded up $0.11 during trading on Wednesday, hitting $25.05. 14,675,162 shares of the company traded hands, compared to its average volume of 20,434,576. The firm has a market capitalization of $28.92 billion, a price-to-earnings ratio of 18.02, a P/E/G ratio of 0.77 and a beta of 2.64. The business's fifty day moving average is $25.16 and its 200 day moving average is $20.52. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & has a fifty-two week low of $13.78 and a fifty-two week high of $27.17.

Insider Transactions at Carnival Co. &

In other news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total transaction of $380,100.00. Following the completion of the sale, the director now owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 21.01 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 11.00% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Ashton Thomas Securities LLC purchased a new position in Carnival Co. & in the 3rd quarter worth approximately $25,000. Assetmark Inc. grew its position in Carnival Co. & by 1,431.5% in the third quarter. Assetmark Inc. now owns 1,654 shares of the company's stock worth $31,000 after acquiring an additional 1,546 shares in the last quarter. CVA Family Office LLC increased its stake in Carnival Co. & by 163.9% in the third quarter. CVA Family Office LLC now owns 1,940 shares of the company's stock valued at $36,000 after acquiring an additional 1,205 shares during the last quarter. Morse Asset Management Inc purchased a new stake in Carnival Co. & during the third quarter valued at about $46,000. Finally, Avior Wealth Management LLC lifted its stake in Carnival Co. & by 50.7% during the third quarter. Avior Wealth Management LLC now owns 2,747 shares of the company's stock worth $51,000 after purchasing an additional 924 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors.

About Carnival Co. &

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.