Royal Caribbean Cruises Ltd. (NYSE:RCL – Get Free Report) Director Richard D. Fain offered 25,000 shares of Royal Caribbean Cruises inventory in a transaction that occurred on Wednesday, October thirtieth. The inventory was offered at a median worth of $210.02, for a complete transaction of $5,250,500.00. Following the completion of the transaction, the director now immediately owns 204,521 shares within the firm, valued at roughly $42,953,500.42. The commerce was a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is obtainable at this hyperlink.
Royal Caribbean Cruises Inventory Efficiency
RCL opened at $202.06 on Friday. The corporate has a debt-to-equity ratio of two.63, a present ratio of 0.19 and a fast ratio of 0.17. Royal Caribbean Cruises Ltd. has a 1 yr low of $86.75 and a 1 yr excessive of $214.12. The agency has a fifty day shifting common worth of $181.04 and a 200 day shifting common worth of $161.77. The inventory has a market cap of $54.33 billion, a P/E ratio of 20.77, a P/E/G ratio of 0.54 and a beta of two.59.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, October twenty ninth. The corporate reported $5.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.05 by $0.15. The enterprise had income of $4.89 billion for the quarter, in comparison with analysts’ expectations of $4.89 billion. Royal Caribbean Cruises had a internet margin of 16.21% and a return on fairness of 52.92%. The enterprise’s quarterly income was up 17.5% on a year-over-year foundation. Throughout the identical quarter within the prior yr, the corporate earned $3.85 earnings per share. Equities analysis analysts anticipate that Royal Caribbean Cruises Ltd. will submit 11.66 earnings per share for the present yr.
Analyst Upgrades and Downgrades
Quite a few analysis analysts have lately issued reviews on RCL shares. The Goldman Sachs Group lifted their worth goal on shares of Royal Caribbean Cruises from $220.00 to $245.00 and gave the inventory a “purchase” score in a analysis report on Wednesday. Barclays boosted their goal worth on shares of Royal Caribbean Cruises from $244.00 to $245.00 and gave the inventory an “chubby” score in a analysis report on Wednesday. Wells Fargo & Firm boosted their goal worth on shares of Royal Caribbean Cruises from $180.00 to $232.00 and gave the inventory an “chubby” score in a analysis report on Wednesday. JPMorgan Chase & Co. boosted their goal worth on shares of Royal Caribbean Cruises from $213.00 to $243.00 and gave the inventory an “chubby” score in a analysis report on Tuesday, October twenty ninth. Lastly, StockNews.com downgraded shares of Royal Caribbean Cruises from a “maintain” score to a “promote” score in a analysis report on Wednesday. One equities analysis analyst has rated the inventory with a promote score, two have given a maintain score and 13 have given a purchase score to the inventory. In accordance with MarketBeat, Royal Caribbean Cruises has a median score of “Average Purchase” and a median goal worth of $214.00.
Verify Out Our Newest Evaluation on RCL
Hedge Funds Weigh In On Royal Caribbean Cruises
Hedge funds and different institutional buyers have lately purchased and offered shares of the corporate. Distinctive Wealth Methods LLC bought a brand new place in Royal Caribbean Cruises within the 2nd quarter valued at $27,000. Versant Capital Administration Inc boosted its place in shares of Royal Caribbean Cruises by 905.3% in the course of the 2nd quarter. Versant Capital Administration Inc now owns 191 shares of the corporate’s inventory price $30,000 after buying an extra 172 shares within the final quarter. DiNuzzo Non-public Wealth Inc. boosted its place in shares of Royal Caribbean Cruises by 257.4% in the course of the third quarter. DiNuzzo Non-public Wealth Inc. now owns 168 shares of the corporate’s inventory price $30,000 after buying an extra 121 shares within the final quarter. AlphaMark Advisors LLC boosted its place in shares of Royal Caribbean Cruises by 233.3% in the course of the 2nd quarter. AlphaMark Advisors LLC now owns 200 shares of the corporate’s inventory price $32,000 after buying an extra 140 shares within the final quarter. Lastly, Meeder Asset Administration Inc. boosted its place in shares of Royal Caribbean Cruises by 50.3% in the course of the 2nd quarter. Meeder Asset Administration Inc. now owns 233 shares of the corporate’s inventory price $37,000 after buying an extra 78 shares within the final quarter. 87.53% of the inventory is presently owned by hedge funds and different institutional buyers.
Royal Caribbean Cruises Firm Profile
Royal Caribbean Cruises Ltd. operates as a cruise firm worldwide. The corporate operates cruises underneath the Royal Caribbean Worldwide, Celeb Cruises, and Silversea Cruises manufacturers, which comprise a variety of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.
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