Are Things Looking Up For Carnival Corp. (NYSE: CCL)?

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. Yahoo Finance discussed the stock recently as it posted Holland America Line Takes Cruisers to the Iconic Sites and Natural Wonders of Australia and New Zealand in 2025-2026.

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Stocks Info

The company is listed on the NYSE and operates within the Travel Services industry segment. The current market capitalization of Carnival Corp. is $21.23B. A total of 39.42 million shares were traded on the day, compared to an average of 31.17M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CCL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 68 BUYs and 20 SELLs from insiders. Insiders purchased 4,140,643 shares during that period but sold 391,389.

In the most recent transaction, Bernstein David sold 34,020 shares of CCL for 17.05 per share on Jan 19. After the transaction, the CFO & CAO now owns 335,976 company shares. In a previous transaction on Oct 19, WEISENBURGER RANDALL J bought 100,000 shares at 11.50 per share. CCL shares that Director owns now total 378,368.

Among the insiders who bought shares, WEISENBURGER RANDALL J acquired of 350,000 shares on Oct 10 at a per-share price of $12.99. This resulted in the Director holding 961,238 shares of CCL after the transaction. In another insider transaction, Bernstein David sold 107,119 shares at $11.08 per share on Feb 21. Company shares held by the CFO & CAO now total 286,041.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for CCL in the last 3 months, the mean price target is $20.72 with high estimates of $25.00 and low estimates of $13.00. 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 -$0.18 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

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. 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 $5.44, while its Total Shareholder’s Equity was $12.14B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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