Latest news with #cruiseindustry
Yahoo
18 hours ago
- Business
- Yahoo
Royal Caribbean lifts annual profit forecast on steady cruise demand
(Reuters) -Royal Caribbean raised its annual profit forecast on Tuesday, banking on resilient demand for the cruise operator's high-end private island destinations and premium sailings. The company, however, expects third-quarter adjusted earnings per share of $5.55 to $5.65, below analysts' estimates of $5.83, per data compiled by LSEG, amid rising fuel prices. Shares of the company were down about 3% in premarket trading, after rising about 52% so far this year. The company expects fiscal 2025 adjusted profit per share of $15.41 to $15.55, compared with its prior forecast of $14.55 to $15.55.
Yahoo
18 hours ago
- Business
- Yahoo
Royal Caribbean lifts annual profit forecast on steady cruise demand
(Reuters) -Royal Caribbean raised its annual profit forecast on Tuesday, banking on resilient demand for the cruise operator's high-end private island destinations and premium sailings. The company, however, expects third-quarter adjusted earnings per share of $5.55 to $5.65, below analysts' estimates of $5.83, per data compiled by LSEG, amid rising fuel prices. Shares of the company were down about 3% in premarket trading, after rising about 52% so far this year. The company expects fiscal 2025 adjusted profit per share of $15.41 to $15.55, compared with its prior forecast of $14.55 to $15.55. Sign in to access your portfolio
Reuters
18 hours ago
- Business
- Reuters
Royal Caribbean lifts annual profit forecast on steady cruise demand
July 29 (Reuters) - Royal Caribbean (RCL.N), opens new tab raised its annual profit forecast on Tuesday, banking on resilient demand for the cruise operator's high-end private island destinations and premium sailings. The company, however, expects third-quarter adjusted earnings per share of $5.55 to $5.65, below analysts' estimates of $5.83, per data compiled by LSEG, amid rising fuel prices. Shares of the company were down about 3% in premarket trading, after rising about 52% so far this year. The company expects fiscal 2025 adjusted profit per share of $15.41 to $15.55, compared with its prior forecast of $14.55 to $15.55.
Yahoo
2 days ago
- Business
- Yahoo
Royal Caribbean Stock Keeps Cruising Higher
Royal Caribbean (RCL) is showing strong technical momentum, hitting a new 52-week high on July 23. RCL has a 100% technical 'Buy' signal via Barchart. Shares are up more than 130% in the past year. Its fundamentals are solid, with projected revenue and earnings growth, but the stock is considered volatile and speculative by some analysts. Today's Featured Stock Valued at $95.8 billion, Royal Caribbean Cruises (RCL) owns and operates three global brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. Additionally, it has invested in a joint venture with TUI AG, which operates the brand TUI Cruises. The company's cruise brands primarily serve the contemporary, premium, and deluxe segments of the cruise vacation industry, which also includes the budget and luxury segments. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. RCL checks those boxes. Since the Trend Seeker signaled a buy on May 2, the stock has gained 53.4%. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! RCL Price vs. Daily Moving Averages: Barchart Technical Indicators for Royal Caribbean: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Royal Caribbean shares hit a new 52-week high on July 23, touching $355.91 in intraday trading. RCL has a 100% technical 'Buy' signal. The stock recently traded at $352.66, above its 50-day moving average of $294.34. Royal Caribbean has a Weighted Alpha of +152.99. The stock has gained 130% over the past year. RCL has its Trend Seeker 'Buy' signal intact. Royal Caribbeans is trading above its 20, 50 and 100-day moving averages. The stock made 11 new highs and gained 14% in the last month. Relative Strength Index is at 75.59%. The technical support level is $349.85. Don't Forget the Fundamentals: $95.8 billion market capitalization. Trailing price-earnings ratio of 27.4x. 0.85% dividend yield. Revenue is projected to grow 9.52% this year and another 9.71% next year. Earnings are estimated to increase 30.98% this year and increase an additional 17.20% next year. Analyst and Investor Sentiment on Royal Caribbean: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish, but some major advisory sites are split. The Wall Street analysts tracked by Barchart issued 18 'Strong Buy,' one 'Moderate Buy,' and six "Hold" opinions on the stock. Value Line gives the company its above-average rating. CFRA's Market Scope rates the stock a 'Buy' with a price target of $357. Morningstar thinks the stock is 74% overvalued. 63,510 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Royal Caribbean currently has momentum and is hitting new highs. It has positive sentiment from Wall Street, plus analysts project small increases in revenue and double-digit growth in earnings. I caution that RCL is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
3 days ago
- Business
- Yahoo
Down 59%, Is Carnival Stock a Once-in-a-Generation Investment Opportunity?
Key Points Carnival is experiencing robust demand that's driving continued revenue growth. Soaring profits are helping the business improve its debt profile, reducing financial risk for investors. Even after the stock's strong performance, the valuation is below the market average. 10 stocks we like better than Carnival Corp. › Carnival (NYSE: CCL) (NYSE: CUK) was decimated when the COVID-19 pandemic hit in 2020, as operations were halted to help stop the spread of the virus. Revenue tanked, and the business had to take on more debt to survive with the fate of the economy being a big unknown. However, Carnival is firing on all cylinders these days. This travel stock has soared 202% in the past three years (as of July 22). But shares still trade a gut-wrenching 59% off their peak. At the current price, is Carnival a once-in-a-generation investment opportunity? Smooth sailing As the economy opened back up and consumer behavior normalized following the early days of the health crisis, there was robust demand for travel. The cruise industry has benefited tremendously, with Carnival posting strong financial performance. After sales hit a low of $1.9 billion in fiscal 2021, they came roaring back. Fiscal 2024's revenue of $25 billion was 13 times higher than that total three years prior. And in the most recent quarter (Q2 2025 ended May 31), Carnival registered an 8.6% top-line gain. In fact, the sales figure was a Q2 record. "Our guests continue to look to us as their preferred vacation choice given the amazing experiences our cruise lines provide," CEO Josh Weinstein said in a press release. However, the current economic climate, one where uncertainty is the key word, isn't making things easy. Throw in President Donald Trump's unpredictable trade policies and ongoing geopolitical turmoil, and it makes sense people are pulling back spending. The cruise industry, however, is positioned to continue its success. One reason why is that it's doing a great job attracting younger travelers -- who could become lifelong customers -- as well as first-time cruise goers. And compared to land-based travel alternatives, cruises are generally viewed as providing more bang for your buck. Then there's the fact that spending on cruises makes up less than 3% of the entire global travel industry, leaving upside for further growth. Carnival's improving financial situation With revenue continuing to climb at a healthy clip, Carnival is also posting consistent and rising profitability. Operating income totaled $934 million in the second quarter, another record. It's wild to think that four years ago, during Q2 2021, the company registered an operating loss of $1.5 billion. Things have certainly turned around for the better, which explains why the stock has performed so well. Wall Street expects the good times to keep rolling. The consensus analyst forecast is for Carnival's earnings per share to increase at a compound annual rate of 22.2% between fiscal 2024 and fiscal 2027. Despite huge gains in recent years, this outlook is very encouraging for investors who undoubtedly want to see continued expansion as we look ahead. Improving profitability is helping Carnival fix its financial situation. This means it's been able to slowly reduce its massive debt burden, which now stands at $27.3 billion. The company has refinanced $7 billion worth of debt so far this year. Two major credit ratings agencies have also upgraded Carnival's debt, which is a clear indication of reduced financial risk. Not a once-in-a-generation play Carnival's business continues to perform well, and the future looks bright. The current valuation is also reasonable, with the market asking investors to pay a price-to-earnings ratio of 16 to buy the stock. This represents a substantial discount to the S&P 500 index. However, the stock isn't a once-in-a-generation investment opportunity right now. While Carnival's shares have a good shot at outperforming the market over the next five years, I don't believe it's going to produce life-changing results over the next few decades. That being said, investors could still consider buying Carnival stock. Should you invest $1,000 in Carnival Corp. right now? Before you buy stock in Carnival Corp., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Carnival Corp. wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Neil Patel has no position in any of the stocks mentioned. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy. Down 59%, Is Carnival Stock a Once-in-a-Generation Investment Opportunity? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
