Carnival (NYSE:CCL) Releases FY 2025 Earnings Guidance

Key Points

• Carnival (NYSE:CCL) has updated its FY 2025 earnings guidance, projecting an EPS of $2.140, surpassing the consensus estimate of $2.020.
• Analysts have responded positively to Carnival, with recent price target increases from firms including Susquehanna, JPMorgan, and Bank of America, suggesting a bullish outlook on the stock.
• Insider activity shows Director Sir Jonathon Band sold 12,500 shares, reflecting a significant decrease in his ownership, while institutional investors continue to build their positions in the company.

Carnival (NYSE:CCL - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.140-2.140 for the period, compared to the consensus estimate of 2.020. The company issued revenue guidance of -. Carnival also updated its Q4 2025 guidance to 0.230-0.230 EPS.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CCL. Susquehanna increased their price objective on Carnival from $27.00 to $30.00 and gave the company a "positive" rating in a report on Wednesday, June 25th. JPMorgan Chase & Co. increased their price objective on Carnival from $34.00 to $39.00 and gave the company an "overweight" rating in a report on Monday, September 15th. Truist Financial raised their target price on Carnival from $27.00 to $31.00 and gave the stock a "hold" rating in a report on Monday, July 21st. Loop Capital reaffirmed a "hold" rating and set a $22.00 target price on shares of Carnival in a report on Monday, June 23rd. Finally, Bank of America raised their target price on Carnival from $31.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Fifteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, Carnival has an average rating of "Moderate Buy" and a consensus price target of $31.95.

Carnival Price Performance

CCL traded down $1.06 during trading on Monday, hitting $29.56. The company's stock had a trading volume of 24,379,036 shares, compared to its average volume of 22,883,588. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.58. Carnival has a twelve month low of $15.07 and a twelve month high of $32.80. The business's fifty day simple moving average is $30.54 and its 200 day simple moving average is $25.26. The firm has a market capitalization of $34.50 billion, a price-to-earnings ratio of 16.03, a P/E/G ratio of 0.68 and a beta of 2.70.

Insider Buying and Selling

In other Carnival news, Director Sir Jonathon Band sold 12,500 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the sale, the director directly owned 64,406 shares of the company's stock, valued at approximately $1,916,078.50. This trade represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 7.60% of the company's stock.

Institutional Trading of Carnival

Institutional investors have recently bought and sold shares of the business. Cresset Asset Management LLC grew its holdings in Carnival by 52.7% in the second quarter. Cresset Asset Management LLC now owns 15,790 shares of the company's stock valued at $444,000 after purchasing an additional 5,452 shares during the period. EP Wealth Advisors LLC lifted its position in shares of Carnival by 8.4% in the second quarter. EP Wealth Advisors LLC now owns 14,359 shares of the company's stock valued at $404,000 after acquiring an additional 1,110 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Carnival by 4.5% in the second quarter. Smartleaf Asset Management LLC now owns 13,613 shares of the company's stock valued at $371,000 after acquiring an additional 580 shares in the last quarter. ICONIQ Capital LLC purchased a new position in shares of Carnival in the second quarter valued at approximately $367,000. Finally, HUB Investment Partners LLC purchased a new position in shares of Carnival in the second quarter valued at approximately $354,000. 67.19% of the stock is owned by institutional investors and hedge funds.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

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