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The Carnival Corporation (NYSE:CCL) is going down by -1.18% in today’s trading session, a fall equivalent to -0.54% of the stock’s price from yesterday’s market close. A news came out 23 hours ago stating that Two Holland America Line Ships Explore the Pristine Beauty of Australia, New Zealand and the South Pacific during 2019-2020 Season by WSJ. The lowest point that the shares touched during the trading session was $44.62, while the peak of the day was recorded at a share price of $45.31. CCL finished the previous session at $45.21 according to the data provided by Barchart, while the trading volume was observed to be $1,844,161.

In the 100 days of trading, CCL managed to top a 51.01% Moving average. Additionally, Carnival Corporation shares have achieved a 52-week range between 44.62 and 67.69 alongside 100 days raw stochastic set at 1.40%.

The number of shares outstanding, according to the fundamentals of the company, is set at 695.25M, equal to the value of $31.43B in market capitalization. Financial analysts indicate that CCL shares should be still ranked as a “Outperform”. In the last 30 days, Carnival Corporation shares went down by -6.03%, adding 47.61 to growth in value, on top of a +0.36% boost since 07/05/19.

Carnival Corporation (NYSE:CCL) Analyst’s Estimates

Carnival Corporation (CCL) could record at least $2.53 per share in quarterly earnings in the upcoming report on 09/25/2019, a number that would actually represent an increase of 10.02% YOY.

According to the average analyst rating, Carnival Corporation would be rated as 2.33. Out of 21 different analysts monitoring CCL stock, 5 analysts rate the stock as a BUY, 12 suggest to give the rating of HOLD, 4 indicate that CCL is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.

On Jul-01-19, the stock earned a Downgrade rating due to a new analyst call from Berenberg, while analysts from Wolfe Research believe that the stock is set at Peer Perform from Outperform, as concluded on Jun-27-19. Barclays, is still rather wary about the stock, deciding to keep the rating at Equal Weight as confirmed through a call on Jun-21-19.

Nomura, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jun-20-19, giving the stock a Neutral from the Buy rating.

CCL Key Ratios To Watch:

Taking in account the profitability of the Company, gross profit margin of +30.59% has been attained, while the operating margin has been recorded at +17.61%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 7.58%. Beta value of the stock is recorded at 1.07. Additionally, Carnival Corporation is recording price volatility of 1.71% for the period of the last seven days and 1.56% in the last 30 days.

Carnival Corporation (NYSE:CCL) Technical Outlook

For the period of the last 50 days, Carnival Corporation had its Raw Stochastic average set at 1.72% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 5.28%. Stochastic %K for Carnival Corporation, with the last 20 days included, was set at 22.20%, having Stochastic %D topping 43.20%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Carnival Corporation stocks with recording -23.18% in metrics.

Carnival Corporation Insider Watch:

As far as the position of shares issued by Carnival Corporation (NYSE:CCL) for the period concluded at the market close of 08/05/19, 404 institutional investors increased their positions in CCL shares by 28,360,530, 382 decreased positions by 36,177,883 and 100 institutional investors decided to hold positions at 331,679,301. These numbers put the complete list of institutional holdings set at 396,217,714 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 78 institutional investments with 2,342,062 new shares in addition to having 99 institutional investors selling their positions in 3,936,951 shares.