Wall Street analysts will be watching closely when Carnival Corporation (NYSE:CCL) reports its quarterly earnings next, which is scheduled for Mon 24 Jun (In 69 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.62 per share. In the preceding quarter, the company reportedly generated EPS of $0.49 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 17.60%, a profit margin of 17.00% and a gross margin of 41.30%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Carnival Corporation (NYSE:CCL). Most recently, on April 15th, 2019, Buckingham Research Downgrade a Neutral rating. Before that, on March 13th, 2019, Goldman Upgrade to Buy. Macquarie Upgrade a Outperform rating on January 25th, 2019, Standpoint Research Initiated an Accumulate rating on December 26th, 2018, and Cleveland Research Upgrade a Buy rating on December 17th, 2018.
At its current price point, combined with the fact that this company has 687.86M shares outstanding, the current market capitalization sits at 37.69B. In the last trading day, 3,475,887 shares of Carnival Corporation were traded, which compares to its usual volume of about 4.02M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $2.90 in the past five trading days, resulting in a percentage change of +5.59% and a moving average of 53.37. In the past 20 days, its price changed by -$2.32 (which is -4.06%) and the stock’s moving average was 53.27. Looking back a full 50 days, shares of CCL changed by -$3.38 (which is -5.81%) and demonstrated a moving average of 55.59.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 96.64%, a 14-day Stochastic %K score of 95.56% and a 20-day Stochastic %K score of 54.06%. Using a similar metric, Carnival Corporation (CCL) shares showed a Stochastic %D of 83.12% over the past 9 days, a Stochastic %D score of 74.38% over the last 14 days, and a 20-day Stochastic %D of 44.63%. Meanwhile, this stock’s MACD Oscillator was 0.99 over the past 9 days, 1.45 over the past two weeks, and 0.76 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $54.80 level. Over the past 12 months, this stock has experienced a high price of $67.69 and a low of $45.64. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
SunTrust Banks Inc sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Carnival Corporation (NYSE:CCL) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 38,532,020 shares of the company’s stock following the subtraction of -3,662 to this investor’s holdings during the three-month period. This share count represents that SunTrust Banks Inc now held 7.31% stake in Carnival Corporation (CCL)’s shares.
Just in the most recent trading day, Carnival Corporation (NYSE:CCL) experienced a high price of $54.85 and low point of $53.79. At the end of the last trading session, this stock was at 54.80 per share, following a loss of -$53.74, or 1.97% during the full day.