Shares of Carnival Corporation (NYSE:CUK - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $27.62 and last traded at $27.53, with a volume of 765417 shares trading hands. The stock had previously closed at $26.94.
Carnival Stock Down 3.3%
The company has a debt-to-equity ratio of 2.58, a current ratio of 0.34 and a quick ratio of 0.30. The firm has a market cap of $5.11 billion, a PE ratio of 14.67 and a beta of 2.70. The business has a fifty day moving average price of $23.48 and a two-hundred day moving average price of $21.16.
Carnival (NYSE:CUK - Get Free Report) last issued its earnings results on Tuesday, June 24th. The company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.11. Carnival had a return on equity of 27.88% and a net margin of 9.72%. The firm had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.21 billion. On average, analysts anticipate that Carnival Corporation will post 1.7 EPS for the current fiscal year.
Institutional Trading of Carnival
A number of institutional investors and hedge funds have recently made changes to their positions in CUK. Parallel Advisors LLC lifted its position in shares of 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 purchasing an additional 615 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of 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 purchasing an additional 1,075 shares during the last quarter. Vident Advisory LLC lifted its position in shares of Carnival by 9.1% during the 1st quarter. Vident Advisory LLC now owns 17,363 shares of the company's stock worth $304,000 after purchasing an additional 1,444 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Carnival during the 2nd quarter worth about $44,000. Finally, IFP Advisors Inc acquired a new position in shares of Carnival during the 2nd quarter worth about $77,000. Institutional investors and hedge funds own 23.80% of the company's stock.
Carnival Company Profile
(
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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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