Q3 2024 EPS Estimates for Carnival Co. & plc (NYSE:CCL) Raised by Analyst

Carnival Co. & plc (NYSE:CCL) – Stock analysts at William Blair upped their Q3 2024 earnings per share (EPS) estimates for Carnival Co. & in a research report issued on Wednesday, September 25th. William Blair analyst S. Zackfia now forecasts that the company will earn $1.16 per share for the quarter, up from their previous forecast of $1.15. The consensus estimate for Carnival Co. &’s current full-year earnings is $1.21 per share. William Blair also issued estimates for Carnival Co. &’s Q4 2024 earnings at $0.11 EPS, FY2024 earnings at $1.23 EPS and FY2025 earnings at $1.50 EPS.

Several other equities research analysts have also recently weighed in on the company. Stifel Nicolaus upped their target price on Carnival Co. & from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. Hsbc Global Res upgraded Carnival Co. & to a “moderate sell” rating in a research note on Tuesday, September 3rd. Truist Financial increased their price target on Carnival Co. & from $17.00 to $20.00 and gave the company a “hold” rating in a research note on Tuesday, July 23rd. Argus increased their price target on Carnival Co. & from $20.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, June 27th. Finally, JPMorgan Chase & Co. increased their price target on Carnival Co. & from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.63.

Carnival Co. & Stock Down 0.7 %

NYSE CCL opened at $18.54 on Friday. The business has a fifty day moving average price of $16.59 and a two-hundred day moving average price of $16.23. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.28 and a quick ratio of 0.24. Carnival Co. & has a fifty-two week low of $10.84 and a fifty-two week high of $19.74. The stock has a market capitalization of $20.81 billion, a PE ratio of 28.52 and a beta of 2.68.

Institutional Trading of Carnival Co. &

Institutional investors and hedge funds have recently bought and sold shares of the stock. Richardson Capital Management LLC acquired a new stake in Carnival Co. & in the first quarter valued at $26,000. Family Firm Inc. acquired a new stake in Carnival Co. & during the 2nd quarter worth about $26,000. Hantz Financial Services Inc. acquired a new stake in Carnival Co. & during the 2nd quarter worth about $30,000. ICA Group Wealth Management LLC acquired a new stake in Carnival Co. & during the 4th quarter worth about $31,000. Finally, BNP Paribas acquired a new stake in Carnival Co. & during the 1st quarter worth about $32,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

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.