After Hours
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. Yahoo Finance discussed the stock recently as it posted ROYAL CARIBBEAN GROUP TO HOLD CONFERENCE CALL ON FOURTH QUARTER AND FULL YEAR 2023 EARNINGS.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
Royal Caribbean Group is listed on the NYSE in the Consumer Cyclical sector while operating in the Travel Services industry. At the end of the last regular session, the stock closed at $126.74 and fluctuated between $128.26 as its day high and $125.92 as its day low. The current market capitalization of Royal Caribbean Group is $32.48B. A total of 2.19 million shares were traded on the day, compared to an average of 2.93M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, RCL has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 11,302 shares. Over the last 12 months, there were 32 BUYs and 45 SELLs from insiders. Insiders purchased 266,963 shares during that period but sold 1,116,745.
In the most recent transaction, Wilhelmsen Arne Alexander sold 284,766 shares of RCL for 121.73 per share on Dec 14. After the transaction, the Director now owns 19,167,507 company shares. In a previous transaction on Dec 13, Wilhelmsen Arne Alexander sold 400,000 shares at 119.98 per share. RCL shares that Director owns now total 19,452,273.
Among the insiders who sold shares, Wilhelmsen Arne Alexander disposed of 315,234 shares on Dec 12 at a per-share price of $120.19. This resulted in the Director holding 19,852,273 shares of RCL after the transaction. In another insider transaction, Kulovaara Harri U sold 24,707 shares at $106.90 per share on Nov 29. Company shares held by the EVP, Maritime now total 33,650.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for RCL in the last 3 months, the mean price target is $129.23 with high estimates of $160.00 and low estimates of $79.20. In terms of 52-week highs and lows, RCL has a high of $130.97 and a low of $59.37.
As of this writing, RCL has an earnings estimate of $1.12 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.25 per share and a lower estimate of $1.07. The company reported an EPS of $1.82 in the last quarter, which was 17.40% higher than expectations of $1.55.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. RCL’s latest balance sheet shows that the firm has $2.70B in Cash & Short Term Investments as of fiscal 2021. There were $21.69B in debt and $7.29B in liabilities at the time. Its Book Value Per Share was $17.26, while its Total Shareholder’s Equity was $5.09B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in 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 RCL is Buy with a score of 4.53.
