Carnival Corp. (NYSE: CCL) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that More Than 50 Ports Across 11 Countries Highlight Holland America Line’s 2025-2026 Asia Cruise Season.

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Stocks Info

Carnival Corp. is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Travel Services industry. The current market capitalization of Carnival Corp. is $21.83B. A total of 31.51 million shares were traded on the day, compared to an average of 30.08M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CCL has seen 3 BUY and 0 SELL insider trades, representing the acquisition of 300,000 and the disposition of 0 shares. Over the last 12 months, there were 68 BUYs and 27 SELLs from insiders. Insiders purchased 4,140,643 shares during that period but sold 450,600.

In the most recent transaction, WEISENBURGER RANDALL J bought 100,000 shares of CCL for 11.50 per share on Oct 19. After the transaction, the Director now owns 378,368 company shares. In a previous transaction on Oct 10, WEISENBURGER RANDALL J bought 350,000 shares at 12.99 per share. CCL shares that Director owns now total 961,238.

Among the insiders who sold shares, Bernstein David disposed of 107,119 shares on Feb 21 at a per-share price of $11.08. This resulted in the CFO & CAO holding 286,041 shares of CCL after the transaction.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for CCL in the last 3 months, the mean price target is $20.41 with high estimates of $25.00 and low estimates of $7.00. In terms of 52-week highs and lows, CCL has a high of $19.74 and a low of $8.37.

As of this writing, CCL has an earnings estimate of -$0.19 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of -$0.13 per share and a lower estimate of -$0.22. The company reported an EPS of $0.86 in the last quarter, which was 14.70% higher than expectations of $0.75.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CCL’s latest balance sheet shows that the firm has $9.14B in Cash & Short Term Investments as of fiscal 2021. There were $34.61B in debt and $10.41B in liabilities at the time. Its Book Value Per Share was $5.51, while its Total Shareholder’s Equity was $12.14B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CCL is Buy with a score of 4.47.

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