William Blair Lifts Earnings Estimates for Carnival Co. &

Carnival Co. & plc (NYSE:CCL - Free Report) - Research analysts at William Blair increased their Q1 2025 earnings per share estimates for shares of Carnival Co. & in a report issued on Monday, January 13th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.02 per share for the quarter, up from their prior forecast of $0.01. The consensus estimate for Carnival Co. &'s current full-year earnings is $1.33 per share.

Carnival Co. & (NYSE:CCL - Get Free Report) last issued its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share (EPS) 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 revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.07) earnings per share.

Other research analysts have also recently issued reports about the company. Sanford C. Bernstein started coverage on Carnival Co. & in a research note on Tuesday, November 26th. They issued a "market perform" rating and a $26.00 target price for the company. Tigress Financial boosted their price objective on Carnival Co. & from $25.00 to $28.00 and gave the company a "buy" rating in a research report on Monday, October 7th. Mizuho raised their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the stock an "outperform" rating in a report on Thursday, December 5th. Morgan Stanley upped their price target on shares of Carnival Co. & from $20.00 to $22.00 and gave the company an "underweight" rating in a report on Wednesday, January 8th. Finally, Wells Fargo & Company raised their price objective on shares of Carnival Co. & from $25.00 to $30.00 and gave the stock an "overweight" rating in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $27.18.

Carnival Co. & Price Performance

CCL opened at $24.97 on Thursday. The stock has a market cap of $28.82 billion, a P/E ratio of 22.29 and a beta of 2.64. Carnival Co. & has a 12 month low of $13.78 and a 12 month high of $27.17. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The company has a fifty day simple moving average of $25.14 and a 200 day simple moving average of $20.49.

Insider Buying and Selling

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the business's stock in a transaction that occurred on 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. The trade was a 21.01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Carnival Co. &

Several large investors have recently made changes to their positions in CCL. Ashton Thomas Securities LLC bought a new stake in Carnival Co. & during the third quarter worth $25,000. Assetmark Inc. increased its stake in shares of 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 purchasing an additional 1,546 shares during the last quarter. CVA Family Office LLC raised its holdings 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 valued at $36,000 after purchasing an additional 1,205 shares during the period. Morse Asset Management Inc acquired a new stake in Carnival Co. & in the 3rd quarter valued at about $46,000. Finally, Avior Wealth Management LLC grew its holdings 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 period. Institutional investors and hedge funds 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.

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