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

Several analyst forecasts were released on Tuesday, with price target changes for multiple companies. Notable changes include Raymond James increasing the price target for Vital Energy, Inc. (VTLE) from $54 to $67, B of A Securities slashing PTC Therapeutics, Inc. (PTCT) price target from $43 to $23, and Daiwa Capital boosting Dell Technologies Inc. (DELL) price target from $50 to $80.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:53 am

China's Transport Ministry has announced the full resumption of international cruise ship transport to and from ports in the country starting Tuesday.

Portfolio Pulse from Charles Gross

September 19, 2023 | 10:40 am

Truist Securities analyst Patrick Scholes has upgraded Royal Caribbean Gr (NYSE:RCL) from Hold to Buy and raised the price target from $115 to $137.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:23 am

The article reports on the options activity of 10 consumer discretionary stocks in today's session. The stocks include Tesla (TSLA), Chewy (CHWY), BJ's Restaurants (BJRI), Thermon Group Holdings (TH), Royal Caribbean Cruises (RCL), Lennar Corporation (LEN), DoorDash (DASH), RH (RH), Advance Auto Parts (AAP), and Lululemon Athletica (LULU). The article provides detailed information about the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 5:35 pm

Stifel analyst Steven M. Wieczynski reiterated a Buy rating on Royal Caribbean Cruises Ltd. (NYSE:RCL), but lowered the price target to $130 from $135 due to higher fuel headwinds and negative FX moves. Despite lowering the FY24 and FY25 EPS and revenue estimates, Wieczynski believes that RCL's current share price reflects under-appreciation of the company’s liquidity, operational expertise, and customer resilience. He also sees a two-to-three-year pent-up backlog in demand and encourages investors to accumulate shares at current levels.

Portfolio Pulse from Nabaparna Bhattacharya

September 15, 2023 | 6:46 pm

The article reports on unusual options activity in the Consumer Discretionary sector. Ten companies are mentioned: Tesla (TSLA), Carvana (CVNA), Ford (F), Airbnb (ABNB), MGM Resorts (MGM), Royal Caribbean (RCL), Cava (CAVA), D.R. Horton (DHI), McDonald's (MCD), and Dick's Sporting Goods (DKS). The article provides details on the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each company.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:35 pm

Stifel has maintained its Buy rating for Royal Caribbean Gr (NYSE:RCL) but lowered its price target from $135.00 to $130.00. The current share price is $98.37, meaning the new target represents a 32.15% increase. Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 5:00 pm

Stifel analyst Steven Wieczynski maintains a 'Buy' rating on Royal Caribbean Gr (NYSE:RCL) but lowers the price target from $135 to $130.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 12:54 pm

A significant investor has taken a bullish stance on Royal Caribbean Gr (NYSE:RCL), with 60% of recent trades being bullish and 40% bearish. The total amount for puts was $288,676 and for calls was $204,038. Whales have been targeting a price range from $70.0 to $105.0 for Royal Caribbean Gr over the last 3 months. The current price of RCL is down -2.12% at $96.9. Next earnings are expected in 50 days.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 8:01 pm

Royal Caribbean Gr's (NYSE:RCL) short percent of float has fallen 4.85% since its last report, with 20.30 million shares sold short, which is 11.57% of all regular shares available for trading. It would take traders 8.31 days to cover their short positions on average. The company has more short interest than most of its peers, with an average of 6.09% for its peer group.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 8:30 pm

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