The price of Carnival Corp (NYSE:CCL) shares last traded on Wall Street rose 1.43% to $26.23.
CCL stock price is now 1.57% away from the 50-day moving average and 30.58% away from the 200-day moving average. The market capitalization of the company currently stands at $34.34B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $25, Loop Capital recently initiated with Hold rating for Carnival Corp (NYSE: CCL). On February 05, 2025, Loop Capital recently initiated its ‘Hold’ rating on the stock quoting a target price of $225, while ‘Stifel’ rates the stock as ‘Buy’
In other news, Bernstein David, Officer bought 80,000 shares of the company’s stock on Feb 18 ’25. The stock was bought for $2,070,400 at an average price of $25.88. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 29 ’24, Director BAND SIR JONATHON sold 17,500 shares of the business’s stock. A total of $380,100 was realized by selling the stock at an average price of $21.72. This leaves the insider owning 65,789 shares of the company worth $1.73 million. A total of 20.90% of the company’s stock is owned by insiders.
During the past 12 months, Carnival Corp has had a low of $13.78 and a high of $28.72. As of last week, the company has a debt-to-equity ratio of 3.12, a current ratio of 0.26, and a quick ratio of 0.22. According to the stock market information, the enterprise value for the company is $62064320512, which is based on a 18.84 price-to-earnings ratio, a 0.97 price-to-earnings-growth ratio, and a beta of 2.66. The fifty day moving average price for CCL is $25.8236 and a two-hundred day moving average price translates $20.08795 for the stock.
The latest earnings results from Carnival Corp (NYSE: CCL) was released for 2024-11-30. The net profit margin was 7.66% and return on equity was 23.75% for CCL. The company reported revenue of $5.94 billion for the quarter, compared to $5.4 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.04 percent. For the current quarter, analysts expect CCL to generate $5.74B in revenue.
