Analysts rate Carnival Corporation (CCL:NYE) with a Hold rating and a $13 target

STA Research adjusts the CCL stock price target to $12 and rates it as Hold.

Based on the Carnival Stock Forecast from 13 analysts, the average analyst CCL stock price target price for Carnival Corporation is USD 13.23 over the next 12 months. Carnival Corporation’s average analyst rating is Hold. Stock Target Advisor’s own stock analysis of CCL stock forecast is Neutral, which is based on 5 positive signals and 5 negative signals. At the last closing, Carnival stock price was USD 9.83Carnival stock price has changed by +0.12% over the past week, -0.14% over the past month and -61.48% over the last year.

The Carnival Stock Forecast from 13 Crowd Analysts, has the average Crowd Analyst CCL stock price target price for Carnival Corporation at USD 19.14 over the next 12 months. Carnival Corporation’s average Crowd Analyst rating is a Hold.

 

About Carnival Corporation (CCL:NYE):

Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches. It sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. The company operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. It operates 87 ships with 223,000 lower berths. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.

 

Most Recent Ratings for CCL’s stock:

Adjusts STA Research Hold USD 12 2022-09-20
Maintains Truist Securities Sell USD 8 » USD 10 2022-09-20
Maintains Truist Securities Sell USD 15 » USD 8 2022-07-22
Maintains UBS Buy USD 23 » USD 12 2022-07-08
Target Lowered Morgan Stanley Underweight USD 13 » USD 7 2022-06-29
Initiates Coverage On Barclays Overweight USD 14 2022-06-29
Target Lowered by Citigroup Neutral USD 22 » USD 12.5 2022-06-28
Downgrades Peel Hunt Add 2022-06-28
Target Lowered Stifel Nicolaus Research Buy USD 30 » USD 20 2022-06-27
Target Lowered by Wells Fargo Underweight USD 21 » USD 13 2022-06-27
Maintains Deutsche Bank Capital Hold USD 24 » USD 14 2022-06-21
Maintains HSBC Reduce USD 18.2 » USD 7.7 2022-06-14
Initiates Coverage On Susquehanna Bancshares Neutral USD 15 2022-06-09
Maintains Morgan Stanley Underweight USD 17 » USD 13 2022-06-08
Assigns STA Research Buy USD 16.5 2022-06-08
Target Down Truist Securities Hold USD 15 2022-05-19
Target Lowered by Citigroup USD 23 » USD 22 2022-04-19
Target Lowered by Jefferies Financial LLC USD 20 » USD 19 2022-03-29
Initiated by Wells Fargo Underweight 2022-03-29
Downgraded by Argus Buy » Hold 2022-03-25
Target Lowered Morgan Stanley Underweight USD 18 » USD 17 2022-03-24
Target Lowered by Deutsche Bank Capital USD 25 » USD 24 2022-03-23
Target Lowered by Stifel Nicolaus Research USD 33 » USD 30 2022-03-23
Target Lowered by Citigroup USD 24 » USD 23 2022-03-23
Target Lowered by Truist Securities Sell USD 20 » USD 17 2022-03-17

 

 

What we like:

High market capitalization:

CCL stock is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior total returns:

CCL stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value:

CCL stock price is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity:

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior Earnings Growth:

CCL stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

 

What we don’t like:

Poor risk adjusted returns:

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

Below median dividend returns:

The average income yield of CCL stock over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow:

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow:

The company had negative total free cash flow in the most recent four quarters.

Low Revenue Growth:

CCL stock has shown below median revenue growth in the previous 5 years compared to its sector.