Carnival Corporation (NYSE:CUK - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $27.59 and last traded at $26.78, with a volume of 4606293 shares changing hands. The stock had previously closed at $27.20.
Carnival Stock Down 0.0%
The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.58. The firm has a market cap of $4.96 billion, a PE ratio of 14.23 and a beta of 2.70. The stock has a fifty day simple moving average of $21.51 and a two-hundred day simple moving average of $20.81.
Carnival (NYSE:CUK - Get Free Report) last announced its quarterly earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.11. The company had revenue of $6.33 billion for the quarter, compared to analysts' expectations of $6.21 billion. Carnival had a net margin of 9.72% and a return on equity of 27.88%. As a group, sell-side analysts expect 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 modified their holdings of the business. Jump Financial LLC bought a new stake in shares of Carnival in the fourth quarter worth $1,701,000. BNP Paribas Financial Markets grew its stake in shares of Carnival by 3,456.4% during the 4th quarter. BNP Paribas Financial Markets now owns 33,288 shares of the company's stock valued at $749,000 after acquiring an additional 32,352 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Carnival by 18.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 57,019 shares of the company's stock worth $1,283,000 after acquiring an additional 8,974 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Carnival in the fourth quarter worth approximately $9,435,000. Finally, Sei Investments Co. raised its position in shares of Carnival by 183.6% during the 4th quarter. Sei Investments Co. now owns 158,191 shares of the company's stock valued at $3,561,000 after purchasing an additional 102,413 shares during the period. Institutional investors 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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