Carnival plc (NYSE:CUK) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $43.92 and traded as high as $46.30. Carnival shares last traded at $44.85, with a volume of 41,927 shares trading hands.
Several equities analysts have weighed in on the company. UBS Group cut Carnival from a “buy” rating to a “neutral” rating in a report on Monday, September 30th. Berenberg Bank cut Carnival from a “hold” rating to a “sell” rating in a report on Friday, September 27th.
The firm has a market cap of $8.73 billion, a PE ratio of 10.37 and a beta of 1.11. The firm has a fifty day simple moving average of $46.40 and a two-hundred day simple moving average of $43.92. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.25 and a current ratio of 0.30.
Carnival (NYSE:CUK) last released its quarterly earnings results on Friday, December 20th. The company reported $0.62 earnings per share for the quarter. The business had revenue of $4.78 billion during the quarter. Carnival had a return on equity of 12.39% and a net margin of 14.36%. Equities analysts forecast that Carnival plc will post 4.45 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 21st will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Thursday, February 20th. Carnival’s payout ratio is 45.45%.
Several large investors have recently bought and sold shares of the company. We Are One Seven LLC lifted its stake in shares of Carnival by 6.0% in the 3rd quarter. We Are One Seven LLC now owns 5,228 shares of the company’s stock valued at $220,000 after purchasing an additional 294 shares during the last quarter. Lindbrook Capital LLC lifted its stake in shares of Carnival by 91.0% in the 3rd quarter. Lindbrook Capital LLC now owns 697 shares of the company’s stock valued at $29,000 after purchasing an additional 332 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in shares of Carnival by 22.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 2,113 shares of the company’s stock valued at $87,000 after purchasing an additional 385 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Carnival by 15.3% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,965 shares of the company’s stock valued at $138,000 after purchasing an additional 394 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of Carnival by 6.2% in the 2nd quarter. Morgan Stanley now owns 7,686 shares of the company’s stock valued at $348,000 after purchasing an additional 447 shares during the last quarter. 6.79% of the stock is owned by institutional investors and hedge funds.
Carnival Company Profile (NYSE:CUK)
Carnival plc operates as a leisure travel company in North America, Australia, Europe, and Asia. It operates in four segments: North America and Australia Cruise Operations, Europe and Asia Cruise Operations, Cruise Support, and Tour and Other. The company operates cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa, AIDA, P&O Cruises (UK), and Cunard brand names.
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