Royal Caribbean Cruises' (RCL) "Buy" Rating Reiterated at Tigress Financial

Key Points

• Tigress Financial reiterated its “Buy” rating on Royal Caribbean Cruises and set a $425 price target, implying 74.49% upside from the prior close.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $356.25 from 23 analysts.
• Royal Caribbean exceeded quarterly earnings expectations, reporting $4.21 EPS versus the $3.98 consensus and $4.83 billion in revenue, up 6.5% year over year.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Tigress Financial in a research report issued to clients and investors on Monday, Benzinga reports. They presently have a $425.00 target price on the stock. Tigress Financial's price target would indicate a potential upside of 74.49% from the company's previous close.

A number of other brokerages have also recently weighed in on RCL. Stifel Nicolaus boosted their price target on Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. TD Cowen upgraded Royal Caribbean Cruises to a "strong-buy" rating in a report on Tuesday, September 8th. Susquehanna increased their price target on Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a "positive" rating in a report on Wednesday, July 29th. Citigroup lifted their price target on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, William Blair restated an "outperform" rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Royal Caribbean Cruises presently has a consensus rating of "Moderate Buy" and a consensus target price of $356.25.

Royal Caribbean Cruises Price Performance

NYSE RCL opened at $243.57 on Monday. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $65.14 billion, a PE ratio of 15.05, a price-to-earnings-growth ratio of 0.80 and a beta of 1.74. Royal Caribbean Cruises has a 12-month low of $222.22 and a 12-month high of $356.39. The company has a 50 day moving average price of $284.09 and a two-hundred day moving average price of $281.79.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating analysts' consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter last year, the firm earned $4.38 EPS. Royal Caribbean Cruises's revenue for the quarter was up 6.5% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. As a group, equities analysts predict that Royal Caribbean Cruises will post 17.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer directly owned 45,297 shares of the company's stock, valued at $14,313,399.03. This represents a 22.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.44% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Bank of America Corp DE bought a new position in Royal Caribbean Cruises during the second quarter valued at about $321,332,000. TD Asset Management Inc grew its holdings in shares of Royal Caribbean Cruises by 29.7% during the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company's stock worth $244,797,000 after purchasing an additional 201,014 shares in the last quarter. Capital International Sarl grew its holdings in shares of Royal Caribbean Cruises by 19.3% during the 4th quarter. Capital International Sarl now owns 363,713 shares of the company's stock worth $101,447,000 after purchasing an additional 58,734 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Royal Caribbean Cruises during the second quarter valued at approximately $650,000. Finally, State of Michigan Retirement System acquired a new position in shares of Royal Caribbean Cruises in the first quarter valued at $18,080,000. Institutional investors and hedge funds own 87.53% of the company's stock.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group's principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.