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

Royal Caribbean has increased its 2023 adjusted EPS guidance from $4.40-$4.80 to $6.00-$6.20, surpassing the consensus of $4.77.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:03 pm

Royal Caribbean Gr (NYSE:RCL) reported Q2 adjusted earnings of $1.82 per share, beating the analyst consensus estimate of $1.55 by 17.42%. This is a 187.5% increase over losses of $(2.08) per share from the same period last year. The company also reported quarterly sales of $3.52 billion, beating the analyst consensus estimate of $3.41 billion by 3.28%, a 61.26% increase over sales of $2.18 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:00 pm

Royal Caribbean Gr (NYSE:RCL) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $1.55. The company's past performance shows a trend of beating EPS estimates, which has typically resulted in a share price increase. The stock is currently trading at $101.62, up 163.62% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 5:02 pm

A significant bearish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by a large investor, as indicated by a big position in the company's options. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The targeted price range for Royal Caribbean Gr over the last 3 months has been $95.0 to $120.0. The company's stock price is currently down by 0.9% at $102.0. Truist Securities and Barclays have maintained their Hold and Overweight ratings on the company, respectively, with price targets of $115 and $113.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 3:46 pm

Benzinga's options activity scanner has identified significant trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Rivian (RIVN), Goodyear Tire & Rubber (GT), General Motors (GM), DraftKings (DKNG), Royal Caribbean Cruises (RCL), American Axle & Manufacturing (AXL), Carvana (CVNA), Home Depot (HD), and TJX Companies (TJX). The options activity, which includes both call and put options, indicates varying market sentiments towards these stocks.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:35 pm

Shares of Royal Caribbean Gr Inc. (NYSE:RCL) have increased by 70.04% over the past three months. The company's total debt stands at $21.46 billion, with net debt at $20.23 billion after adjusting for $1.23 billion in cash-equivalents. The company's debt-ratio is 0.65, indicating a significant portion of its assets are funded by debt. While debt can help a company grow, it also increases the risk of defaulting on loans and can negatively impact cash-flow due to interest-payment obligations.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 6:15 pm

A whale investor has taken a bearish stance on Royal Caribbean Gr (NYSE:RCL), with 84% of the spotted trades being bearish. The whales have been targeting a price range from $90.0 to $110.0 for Royal Caribbean over the last 3 months. The price of RCL is up 2.79% at $102.18. Truist Securities and Barclays have maintained their Hold and Overweight ratings on Royal Caribbean, with price targets of $115 and $113 respectively.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 4:48 pm

13 analysts have provided ratings for Royal Caribbean Gr (NYSE:RCL) in the last quarter. The average price target is $96.08, implying a downside from the current price of $100.08. The average price target has increased by 13.64% over the past month.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:02 pm

Truist Securities analyst Patrick Scholes has maintained a 'Hold' rating on Royal Caribbean Gr (NYSE:RCL) and raised the price target from $85 to $115.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 2:19 pm

Barclays analyst Brandt Montour maintains an Overweight rating on Royal Caribbean Gr (NYSE:RCL) and raises the price target from $100 to $113.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 1:23 pm

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