William Blair Weighs in on Carnival's Q2 Earnings (NYSE:CCL)

Carnival Corporation (NYSE:CCL - Free Report) - Research analysts at William Blair upped their Q2 2025 EPS estimates for shares of Carnival in a research report issued on Tuesday, June 17th. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $0.26 for the quarter, up from their previous estimate of $0.24. William Blair has a "Outperform" rating on the stock. The consensus estimate for Carnival's current full-year earnings is $1.77 per share. William Blair also issued estimates for Carnival's Q3 2025 earnings at $1.39 EPS and FY2025 earnings at $1.95 EPS.

Several other equities analysts have also weighed in on the stock. HSBC upgraded shares of Carnival from a "reduce" rating to a "hold" rating and set a $24.00 price target for the company in a research report on Friday, May 16th. Morgan Stanley raised shares of Carnival from an "underweight" rating to an "equal weight" rating and reduced their target price for the company from $25.00 to $21.00 in a research report on Thursday, April 10th. Wall Street Zen upgraded shares of Carnival from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Loop Capital upped their price objective on Carnival from $21.00 to $22.00 and gave the company a "hold" rating in a research note on Tuesday, June 3rd. Finally, Stifel Nicolaus increased their price objective on Carnival from $31.00 to $33.00 and gave the company a "buy" rating in a report on Wednesday, June 11th. Eight research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $26.79.

Carnival Stock Performance

Shares of CCL traded up $0.33 on Wednesday, reaching $23.61. 19,254,428 shares of the company's stock traded hands, compared to its average volume of 25,396,086. The stock's 50 day simple moving average is $21.13 and its two-hundred day simple moving average is $22.89. The stock has a market cap of $27.54 billion, a PE ratio of 15.74, a PEG ratio of 0.56 and a beta of 2.58. Carnival has a 52-week low of $13.78 and a 52-week high of $28.72. The company has a current ratio of 0.26, a quick ratio of 0.21 and a debt-to-equity ratio of 2.78.

Carnival (NYSE:CCL - Get Free Report) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. Carnival had a net margin of 8.07% and a return on equity of 26.53%. The company had revenue of $5.81 billion for the quarter, compared to analyst estimates of $5.74 billion. During the same period last year, the firm earned ($0.14) earnings per share. The firm's revenue was up 7.5% on a year-over-year basis.

Institutional Trading of Carnival

Several institutional investors and hedge funds have recently modified their holdings of CCL. Vanguard Group Inc. lifted its stake in shares of Carnival by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 119,505,754 shares of the company's stock valued at $2,333,947,000 after acquiring an additional 2,410,188 shares during the last quarter. Causeway Capital Management LLC purchased a new position in shares of Carnival in the 1st quarter valued at approximately $518,816,000. Geode Capital Management LLC boosted its holdings in shares of Carnival by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 25,228,416 shares of the company's stock valued at $627,053,000 after buying an additional 1,201,256 shares in the last quarter. Nuveen Asset Management LLC boosted its stake in Carnival by 33.7% during the fourth quarter. Nuveen Asset Management LLC now owns 22,850,042 shares of the company's stock worth $569,423,000 after acquiring an additional 5,761,489 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of Carnival in the 1st quarter worth approximately $432,718,000. Hedge funds and other institutional investors own 67.19% of the company's stock.

Carnival Company Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.