Carnival Corp (NYSE:CCL) shares, rose in value, with the stock price up by 0.31% to the previous day’s close as strong demand from buyers drove the stock to $21.00.
Actively observing the price movement in the recent trading, the stock is buoying the session at $20.93, falling within a range of $20.53 and $21.1668. The value of beta (5-year monthly) is 2.669 whereas the PE ratio is 13.98 over 12-month period. Referring to stock’s 52-week performance, its high was $28.72, and the low was $13.78. On the whole, CCL has fluctuated by -12.96% over the past month.
With the market capitalization of Carnival Corp currently standing at about $27.25 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-20.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 26.12B, with a low estimate of 6.15B and a high estimate of 6.25B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.2B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CCL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0.67, with the price of CCL currently trading nearly 0.34% and -12.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.64, while the 7-day volatility ratio is showing 4.50% which for the 30-day chart, stands at 4.71%. Furthermore, Carnival Corp (CCL)’s beta value is 2.41, and its average true range (ATR) is 1.02.
A comparison of Carnival Corp (CCL) with its peers suggests the former has fared considerably weaker in the market. CCL showed an intraday change of 0.31% in today’s session so far, and over the past year, it grew by 22.71%%.
Data on historical trading for Carnival Corp (NYSE:CCL) indicates that the trading volumes over the past 10 days have averaged 28.25 and over the past 3 months, they’ve averaged 23.18 million. According to company’s latest data on outstanding shares, there are 1.17 billion shares outstanding.
Nearly 17.88% of Carnival Corp’s shares belong to company insiders and institutional investors own 57.42% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 58.2 million shares as on 2025-03-14, resulting in a short ratio of 2.14. According to the data, the short interest in Carnival Corp (CCL) stood at 540.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 65.76 million. The stock has fallen by -15.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CCL stock heading into the next quarter.
