Carnival Co. & plc (NYSE:CUK - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $21.33, but opened at $20.15. Carnival Co. & shares last traded at $20.11, with a volume of 1,597,037 shares changing hands.
Carnival Co. & Stock Up 6.2%
The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The stock has a market capitalization of $4.06 billion, a P/E ratio of 15.50 and a beta of 2.67. The company has a fifty day moving average price of $18.91 and a 200-day moving average price of $20.73.
Carnival Co. & (NYSE:CUK - Get Free Report) last posted its earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. Carnival Co. & had a net margin of 7.66% and a return on equity of 24.13%. The firm had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $6.19 billion. As a group, research analysts forecast that Carnival Co. & plc will post 1.7 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Vident Advisory LLC grew its position in Carnival Co. & by 9.1% in the 1st quarter. Vident Advisory LLC now owns 17,363 shares of the company's stock valued at $304,000 after acquiring an additional 1,444 shares during the last quarter. Legal & General Group Plc lifted its position in shares of Carnival Co. & by 106.2% during the fourth quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock worth $156,000 after purchasing an additional 3,562 shares during the last quarter. Aristides Capital LLC grew its holdings in shares of Carnival Co. & by 12.1% in the fourth quarter. Aristides Capital LLC now owns 52,913 shares of the company's stock worth $1,191,000 after purchasing an additional 5,710 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Carnival Co. & by 12.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 58,330 shares of the company's stock worth $1,313,000 after buying an additional 6,441 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in Carnival Co. & in the 4th quarter worth about $158,000. Institutional investors own 23.80% of the company's stock.
About Carnival Co. &
(
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Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.
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