Carnival Corporation (NYSE:CUK - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $27.62 and last traded at $27.53, with a volume of 765417 shares traded. The stock had previously closed at $26.94.
Carnival Stock Up 1.0%
The firm's 50-day moving average price is $22.93 and its 200 day moving average price is $21.00. The firm has a market cap of $5.12 billion, a P/E ratio of 14.71 and a beta of 2.70. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58.
Carnival (NYSE:CUK - Get Free Report) last posted its quarterly earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.11. The business had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.21 billion. Carnival had a net margin of 9.72% and a return on equity of 27.88%. As a group, research analysts expect that Carnival Corporation will post 1.7 earnings per share for the current year.
Institutional Trading of Carnival
Several institutional investors and hedge funds have recently added to or reduced their stakes in CUK. Sound Income Strategies LLC acquired a new position in shares of Carnival in the 2nd quarter valued at approximately $44,000. Parallel Advisors LLC boosted its position in Carnival by 51.1% during the 2nd quarter. Parallel Advisors LLC now owns 1,819 shares of the company's stock worth $46,000 after acquiring an additional 615 shares during the last quarter. GAMMA Investing LLC boosted its position in Carnival by 38.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,862 shares of the company's stock worth $99,000 after acquiring an additional 1,075 shares during the last quarter. Legal & General Group Plc boosted its position in Carnival by 106.2% during the 4th quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock worth $156,000 after acquiring an additional 3,562 shares during the last quarter. Finally, First Trust Advisors LP acquired a new position in Carnival during the 4th quarter worth approximately $202,000. 23.80% of the stock is owned by institutional investors.
Carnival Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Carnival, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carnival wasn't on the list.
While Carnival currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
