Carnival Co. & (NYSE:CCL) PT Lowered to $25.00 at Stifel Nicolaus

Carnival Co. & (NYSE:CCL - Free Report) had its price objective decreased by Stifel Nicolaus from $26.00 to $25.00 in a research note published on Thursday morning, Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Macquarie boosted their price objective on shares of Carnival Co. & from $22.00 to $24.00 and gave the company an outperform rating in a research note on Thursday. Susquehanna reduced their target price on shares of Carnival Co. & from $23.00 to $22.00 and set a positive rating on the stock in a report on Monday. The Goldman Sachs Group assumed coverage on shares of Carnival Co. & in a report on Wednesday, March 13th. They set a buy rating and a $20.00 target price on the stock. William Blair restated an outperform rating on shares of Carnival Co. & in a report on Tuesday, March 19th. Finally, Citigroup boosted their price objective on shares of Carnival Co. & from $19.00 to $23.00 and gave the stock a buy rating in a report on Wednesday, December 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seventeen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $21.42.

Carnival Co. & Trading Down 4.9 %

CCL stock traded down $0.85 during midday trading on Thursday, hitting $16.34. The stock had a trading volume of 59,917,937 shares, compared to its average volume of 32,869,375. The firm has a market cap of $18.29 billion, a PE ratio of -136.16 and a beta of 2.54. The company has a debt-to-equity ratio of 4.14, a current ratio of 0.46 and a quick ratio of 0.41. Carnival Co. & has a 12-month low of $8.70 and a 12-month high of $19.74. The company's 50-day moving average price is $16.04 and its 200 day moving average price is $15.34.

Carnival Co. & (NYSE:CCL - Get Free Report) last released its earnings results on Wednesday, March 27th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.04. The firm had revenue of $5.41 billion during the quarter, compared to analysts' expectations of $5.42 billion. Carnival Co. & had a negative net margin of 0.34% and a positive return on equity of 0.02%. Carnival Co. &'s revenue for the quarter was up 22.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.55) EPS. On average, equities research analysts predict that Carnival Co. & will post 0.99 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO David Bernstein sold 34,020 shares of the business's stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $17.05, for a total transaction of $580,041.00. Following the completion of the sale, the chief financial officer now owns 335,976 shares of the company's stock, valued at approximately $5,728,390.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 11.00% of the company's stock.

Institutional Investors Weigh In On Carnival Co. &

A number of institutional investors have recently modified their holdings of CCL. American Century Companies Inc. grew its position in shares of Carnival Co. & by 13.3% during the 1st quarter. American Century Companies Inc. now owns 33,016 shares of the company's stock valued at $667,000 after buying an additional 3,869 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Carnival Co. & by 7.2% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 108,222 shares of the company's stock worth $2,188,000 after purchasing an additional 7,248 shares during the last quarter. Yousif Capital Management LLC grew its position in Carnival Co. & by 3.4% in the 1st quarter. Yousif Capital Management LLC now owns 137,825 shares of the company's stock worth $2,787,000 after purchasing an additional 4,536 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Carnival Co. & by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,734,230 shares of the company's stock worth $95,697,000 after purchasing an additional 93,169 shares during the last quarter. Finally, Aviva PLC grew its position in Carnival Co. & by 25.5% in the 1st quarter. Aviva PLC now owns 152,741 shares of the company's stock worth $3,088,000 after purchasing an additional 31,037 shares during the last quarter. Institutional investors own 67.19% of the company's stock.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.