William Blair Raises Earnings Estimates for Carnival Co. &

Carnival Co. & plc (NYSE:CCL - Free Report) - William Blair lifted their Q1 2025 EPS estimates for Carnival Co. & in a research note issued to investors on Monday, January 13th. William Blair analyst S. Zackfia now forecasts that the company will post earnings per share of $0.02 for the quarter, up from their prior forecast of $0.01. The consensus estimate for Carnival Co. &'s current full-year earnings is $1.74 per share.

Several other equities analysts have also recently issued reports on CCL. Truist Financial lifted their price objective on Carnival Co. & from $20.00 to $29.00 and gave the company a "hold" rating in a research note on Monday, December 2nd. The Goldman Sachs Group boosted their price target on shares of Carnival Co. & from $24.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Barclays raised their price objective on shares of Carnival Co. & from $31.00 to $32.00 and gave the company an "overweight" rating in a report on Monday, December 23rd. Mizuho boosted their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an "outperform" rating in a research note on Thursday, December 5th. Finally, Sanford C. Bernstein assumed coverage on Carnival Co. & in a research note on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.18.

Carnival Co. & Stock Up 3.2 %

NYSE:CCL traded up $0.80 during midday trading on Thursday, reaching $25.85. The company had a trading volume of 21,334,660 shares, compared to its average volume of 20,518,064. Carnival Co. & has a 12-month low of $13.78 and a 12-month high of $27.17. The firm has a market capitalization of $29.83 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 0.77 and a beta of 2.64. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The stock's fifty day simple moving average is $25.19 and its 200-day simple moving average is $20.55.

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

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the transaction, the director now directly 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 document filed with the SEC, which can be accessed through this hyperlink. 11.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Carnival Co. &

Large investors have recently modified their holdings of the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Carnival Co. & in the 2nd quarter valued at $466,838,000. Marshall Wace LLP increased its stake in shares of Carnival Co. & by 510.5% during the second quarter. Marshall Wace LLP now owns 10,331,092 shares of the company's stock worth $193,398,000 after acquiring an additional 8,638,865 shares during the period. Mizuho Securities USA LLC raised its holdings in Carnival Co. & by 8,431.1% during the third quarter. Mizuho Securities USA LLC now owns 6,644,000 shares of the company's stock worth $122,781,000 after purchasing an additional 6,566,120 shares in the last quarter. International Assets Investment Management LLC lifted its position in Carnival Co. & by 2,400.1% in the third quarter. International Assets Investment Management LLC now owns 3,010,189 shares of the company's stock valued at $556,280,000 after purchasing an additional 2,889,785 shares during the period. Finally, State Street Corp boosted its holdings in Carnival Co. & by 5.9% in the 3rd quarter. State Street Corp now owns 41,426,562 shares of the company's stock valued at $765,563,000 after purchasing an additional 2,301,906 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company's stock.

Carnival Co. & Company Profile

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.