FY2026 EPS Estimates for Carnival Co. & plc Raised by William Blair (NYSE:CCL)

Carnival Co. & plc (NYSE:CCL - Free Report) - Research analysts at William Blair upped their FY2026 EPS estimates for shares of Carnival Co. & in a research report issued on Wednesday, June 12th. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $1.90 for the year, up from their previous estimate of $1.86. William Blair has a "Outperform" rating on the stock. The consensus estimate for Carnival Co. &'s current full-year earnings is $1.01 per share.

Carnival Co. & (NYSE:CCL - Get Free Report) last posted its quarterly earnings results on Wednesday, March 27th. The company reported ($0.14) EPS for the quarter, topping analysts' consensus estimates of ($0.18) by $0.04. The company had revenue of $5.41 billion for the quarter, compared to analysts' expectations of $5.42 billion. Carnival Co. & had a net margin of 1.79% and a return on equity of 7.75%. Carnival Co. &'s revenue was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.55) EPS.

Other research analysts have also issued reports about the stock. Barclays boosted their price target on shares of Carnival Co. & from $24.00 to $25.00 and gave the company an "overweight" rating in a research report on Thursday, March 28th. JPMorgan Chase & Co. upped their target price on shares of Carnival Co. & from $22.00 to $23.00 and gave the stock an "overweight" rating in a research report on Thursday, March 28th. The Goldman Sachs Group assumed coverage on shares of Carnival Co. & in a research report on Wednesday, March 13th. They issued a "buy" rating and a $20.00 target price for the company. Stifel Nicolaus lowered their price target on shares of Carnival Co. & from $26.00 to $25.00 and set a "buy" rating for the company in a research note on Thursday, March 28th. Finally, Truist Financial lowered their price target on shares of Carnival Co. & from $18.00 to $17.00 and set a "hold" rating for the company in a research note on Wednesday, May 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $21.61.

Carnival Co. & Stock Performance

Carnival Co. & stock traded down $1.17 during mid-day trading on Friday, reaching $15.35. The company's stock had a trading volume of 56,552,369 shares, compared to its average volume of 30,722,512. Carnival Co. & has a 12-month low of $10.84 and a 12-month high of $19.74. The company has a market capitalization of $17.22 billion, a P/E ratio of 59.23 and a beta of 2.57. The company has a debt-to-equity ratio of 4.27, a quick ratio of 0.32 and a current ratio of 0.36. The firm's fifty day moving average price is $15.16 and its two-hundred day moving average price is $16.10.

Hedge Funds Weigh In On Carnival Co. &

Several hedge funds and other institutional investors have recently modified their holdings of CCL. Richardson Capital Management LLC purchased a new position in shares of Carnival Co. & during the first quarter valued at about $26,000. Friedenthal Financial purchased a new stake in Carnival Co. & in the fourth quarter worth about $28,000. Hanseatic Management Services Inc. purchased a new stake in Carnival Co. & in the third quarter worth about $30,000. ICA Group Wealth Management LLC purchased a new stake in Carnival Co. & in the fourth quarter worth about $31,000. Finally, BNP Paribas purchased a new stake in Carnival Co. & in the first quarter worth about $32,000. Hedge funds and other institutional investors own 67.19% of the company's stock.

Carnival Co. & Company Profile

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.