William Blair Predicts Stronger Earnings for Carnival Co. &

Carnival Co. & plc (NYSE:CCL - Free Report) - Analysts at William Blair boosted their FY2025 earnings per share (EPS) estimates for shares of Carnival Co. & in a research note issued to investors on Monday, January 13th. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $1.73 for the year, up from their prior forecast of $1.72. The consensus estimate for Carnival Co. &'s current full-year earnings is $1.33 per share. William Blair also issued estimates for Carnival Co. &'s FY2026 earnings at $1.96 EPS.

A number of other research firms have also issued reports on CCL. Sanford C. Bernstein started coverage on Carnival Co. & in a research report on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 price target on the stock. Tigress Financial raised their target price on shares of Carnival Co. & from $25.00 to $28.00 and gave the company a "buy" rating in a report on Monday, October 7th. Macquarie boosted their price target on shares of Carnival Co. & from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Thursday, October 3rd. 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. Finally, Bank of America boosted their target price on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have assigned a buy rating to the company's stock. According to MarketBeat.com, Carnival Co. & presently has a consensus rating of "Moderate Buy" and an average price target of $27.18.

Carnival Co. & Stock Up 1.9 %

Shares of Carnival Co. & stock traded up $0.46 during trading hours on Wednesday, reaching $24.97. 27,591,935 shares of the company were exchanged, compared to its average volume of 21,068,420. The firm has a market cap of $28.82 billion, a PE ratio of 22.29 and a beta of 2.64. The stock's fifty day moving average is $25.14 and its 200 day moving average is $20.49. Carnival Co. & has a 1 year low of $13.78 and a 1 year high of $27.17. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30.

Carnival Co. & (NYSE:CCL - Get Free Report) last announced its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.06. The firm had revenue of $5.94 billion during the quarter, compared to analysts' expectations of $5.94 billion. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The business's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.07) earnings per share.

Institutional Inflows and Outflows

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

Insider Activity

In related news, Director Sir Jonathon Band sold 17,500 shares of the firm's 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 transaction, the director now owns 65,789 shares of the company's stock, valued at $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 11.00% 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.