Carnival Co. & plc to Post FY2025 Earnings of $1.62 Per Share, William Blair Forecasts (NYSE:CCL)

Carnival Co. & plc (NYSE:CCL) – Analysts at William Blair lifted their FY2025 earnings per share estimates for Carnival Co. & in a report released on Monday, April 22nd. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of $1.62 for the year, up from their prior estimate of $1.58. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Carnival Co. &’s current full-year earnings is $1.01 per share.

A number of other research analysts also recently commented on the company. Argus dropped their price target on Carnival Co. & from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Monday, April 1st. Tigress Financial boosted their price target on Carnival Co. & from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. JPMorgan Chase & Co. boosted their price target on Carnival Co. & from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. Macquarie lifted their target price on Carnival Co. & from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Thursday, March 28th. Finally, Susquehanna decreased their target price on Carnival Co. & from $23.00 to $22.00 and set a “positive” rating on the stock in a research report on Monday, March 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.47.

Carnival Co. & Stock Up 1.5 %

CCL stock opened at $15.01 on Tuesday. The company has a market cap of $16.85 billion, a PE ratio of 57.73 and a beta of 2.54. The business has a 50-day simple moving average of $15.58 and a 200 day simple moving average of $15.44. Carnival Co. & has a 52 week low of $8.70 and a 52 week high of $19.74. The company has a quick ratio of 0.32, a current ratio of 0.36 and a debt-to-equity ratio of 4.27.

Carnival Co. & (NYSE:CCL) last posted its quarterly earnings results on Wednesday, March 27th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.04. The business had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.42 billion. Carnival Co. & had a return on equity of 7.75% and a net margin of 1.79%. Carnival Co. &’s revenue for the quarter was up 22.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.55) earnings per share.

Hedge Funds Weigh In On Carnival Co. &

Institutional investors have recently added to or reduced their stakes in the business. Friedenthal Financial acquired a new position in Carnival Co. & in the fourth quarter valued at approximately $28,000. Richardson Capital Management LLC acquired a new position in Carnival Co. & in the first quarter valued at approximately $26,000. ICA Group Wealth Management LLC acquired a new position in Carnival Co. & in the fourth quarter valued at approximately $31,000. Massmutual Trust Co. FSB ADV lifted its stake in Carnival Co. & by 67.2% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company’s stock valued at $34,000 after buying an additional 739 shares during the period. Finally, 1832 Asset Management L.P. lifted its stake in Carnival Co. & by 66.7% in the fourth quarter. 1832 Asset Management L.P. now owns 2,000 shares of the company’s stock valued at $37,000 after buying an additional 800 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Carnival Co. &

In related news, CFO David Bernstein sold 153,995 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.37, for a total value of $2,366,903.15. Following the sale, the chief financial officer now directly owns 181,981 shares in the company, valued at $2,797,047.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.00% of the stock is currently owned by company insiders.

About Carnival Co. &

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.