Carnival (NYSE:CUK) Hits New 1-Year High - What's Next?

Key Points

• Carnival Corporation reached a new 52-week high, trading at $29.46, with a market cap of $5.55 billion and a P/E ratio of 15.91.
• The company reported $0.35 EPS for the latest quarter, exceeding the consensus estimate of $0.24, alongside quarterly revenue of $6.33 billion.
• Recent insider activity includes Director Sir Jonathon Band selling 12,500 shares, reflecting a 16.25% decrease in his stake.

Carnival Corporation (NYSE:CUK - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $29.46 and last traded at $29.44, with a volume of 1481694 shares traded. The stock had previously closed at $29.06.

Carnival Trading Down 4.0%

The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58. The stock has a market cap of $5.26 billion, a PE ratio of 15.08 and a beta of 2.76. The business's fifty day moving average is $26.98 and its 200 day moving average is $21.90.

Carnival (NYSE:CUK - Get Free Report) last released its quarterly earnings results on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.11. The business had revenue of $6.33 billion for the quarter, compared to analysts' expectations of $6.21 billion. Carnival had a return on equity of 27.88% and a net margin of 9.72%. Carnival has set its Q3 2025 guidance at 1.300-1.300 EPS. FY 2025 guidance at 1.970-1.970 EPS. As a group, analysts predict that Carnival Corporation will post 1.7 earnings per share for the current year.

Insider Buying and Selling at Carnival

In related news, Director Sir Jonathon Band sold 12,500 shares of the company'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 owned 64,406 shares in the company, valued at $1,916,078.50. This represents a 16.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.08% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Carnival

A number of institutional investors and hedge funds have recently modified their holdings of CUK. Parallel Advisors LLC increased its position in shares of Carnival by 51.1% in the second quarter. Parallel Advisors LLC now owns 1,819 shares of the company's stock worth $46,000 after acquiring an additional 615 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Carnival by 70.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,671 shares of the company's stock valued at $43,000 after purchasing an additional 688 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Carnival by 188.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,115 shares of the company's stock valued at $28,000 after purchasing an additional 729 shares during the period. Mint Tower Capital Management B.V. raised its position in Carnival by 0.9% in the second quarter. Mint Tower Capital Management B.V. now owns 93,690 shares of the company's stock valued at $2,390,000 after purchasing an additional 820 shares during the period. Finally, Vident Advisory LLC raised its position in Carnival by 5.6% in the second quarter. Vident Advisory LLC now owns 18,343 shares of the company's stock valued at $468,000 after purchasing an additional 980 shares during the period. Institutional investors and hedge funds own 23.80% of the company's stock.

Carnival Company Profile

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.