Streetbeat News

RCL

Royal Caribbean Cruises Ltd.

https://www.rclinvestor.com

Industry

Travel Services

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.

Open

232.48

Mkt cap

62B

Volume

1.4M

High

234.25

P/E Ratio

23.31

52-wk high

238.10

Low

230.48

Div yield

0.00

52-wk low

102.77

Norwegian Cruise Line Holdings Ltd (NCLH) shares are trading higher after Mizuho Securities analyst Ben Chaiken upgraded the stock from Neutral to Buy and raised the price target from $21 to $24. The analyst cited valuation reset, cost-cutting measures, and favorable industry conditions as key factors.

Portfolio Pulse from Shivani Kumaresan

May 28, 2024 | 5:49 pm

Airbnb and Norwegian Cruise Holdings received analyst upgrades, signaling potential growth in the travel and leisure sector. ETFs tracking this sector have underperformed compared to the broader market, but improving outlooks are drawing investor interest.

Portfolio Pulse from Piero Cingari

May 28, 2024 | 5:17 pm

Shares of Norwegian Cruise Line Holdings (NYSE:NCLH) surged over 7% following their 'Charting the Course' investor event, where management revised 2024 Adjusted EPS upwards. Analysts from Stifel and Goldman Sachs provided mixed reviews, with Stifel being more optimistic about long-term growth and Goldman Sachs maintaining a neutral stance due to short-term geopolitical concerns.

Portfolio Pulse from Hayden Buckfire

May 21, 2024 | 6:47 pm

Wall Street saw major indices reach new record highs, with the S&P 500, Nasdaq 100, and Dow Jones all posting gains. Gold hit a new all-time high, while cruise stocks rallied significantly. GameStop saw a sharp decline. Key movers included Moderna, Jabil, Hims & Hers Health, and Wix.com. Several companies are set to report earnings after the market close.

Portfolio Pulse from Piero Cingari

May 20, 2024 | 5:34 pm

Shares of cruise companies are trading higher following Norwegian Cruise Line's announcement of 2026 financial targets and an increase in its 2024 guidance.