News headlines about Royal Caribbean Cruises (NYSE:RCL) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Royal Caribbean Cruises earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.5615793038755 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s scoring:
- IDEMIA Trials Biometric Verification Program with Royal Caribbean Cruises Ltd. and U.S. Customs and Border Protection (tmcnet.com)
- Berenberg: Fuel Prices Could Hurt Royal Carribean Cruises (finance.yahoo.com)
- Is The Stock Risky? (Beta Analysis) – Royal Caribbean Cruises Ltd., (NYSE: RCL) – Stock Watch (stocksnewstimes.com)
- IDEMIA Trials Biometric Verification Program with Royal Caribbean Cruises Ltd. and US Customs and Border Protection – Business Wire (press release) (businesswire.com)
- Consumer discretionary stocks in focus (finance.yahoo.com)
RCL has been the topic of several recent research reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $134.00 target price on shares of Royal Caribbean Cruises in a research note on Thursday, September 7th. Zacks Investment Research raised shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and set a $136.00 target price on the stock in a research note on Friday, September 1st. J P Morgan Chase & Co raised shares of Royal Caribbean Cruises from a “neutral” rating to an “overweight” rating and raised their target price for the company from $111.00 to $130.00 in a research note on Thursday, July 20th. Goldman Sachs Group, Inc. (The) initiated coverage on shares of Royal Caribbean Cruises in a research note on Monday, July 24th. They issued a “neutral” rating on the stock. Finally, Argus raised their target price on shares of Royal Caribbean Cruises from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Royal Caribbean Cruises has a consensus rating of “Buy” and an average target price of $126.33.
Shares of Royal Caribbean Cruises (RCL) opened at $123.51 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.13 and a current ratio of 0.16. Royal Caribbean Cruises has a fifty-two week low of $78.77 and a fifty-two week high of $133.75. The company has a market cap of $26,649.79, a P/E ratio of 16.78, a price-to-earnings-growth ratio of 0.75 and a beta of 1.07.
Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $3.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.43 by $0.06. Royal Caribbean Cruises had a net margin of 18.41% and a return on equity of 16.64%. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same period last year, the company earned $3.20 earnings per share. The firm’s revenue was up .2% compared to the same quarter last year. equities analysts anticipate that Royal Caribbean Cruises will post 7.39 earnings per share for the current fiscal year.
In other news, CEO Richard D. Fain sold 20,000 shares of Royal Caribbean Cruises stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $125.70, for a total value of $2,514,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 60,000 shares of company stock worth $7,415,000 over the last quarter. 15.30% of the stock is owned by corporate insiders.
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Royal Caribbean Cruises Company Profile
Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).
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