Stock Insights on Carnival Corporation (NYSE:CCL)

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[PRNewswire] Carnival Corporation (NYSE:CCL): With the holidays in full swing, a new survey released by Princess Cruises found that this is a more stressful time for women than men, with women feeling more pressure cooking meals and hosting parties, while men feel more stress by shopping and receiving unwanted gifts.

The survey also found that nearly two-thirds (61%) of those surveyed need a vacation to recover from the holidays, with women (65%) saying they need a vacation more than men (56%).

The survey is a special holiday edition of the line’s annual “Relaxation Report” which helps to gauge consumer attitudes toward vacation and relaxation habits. Read the full article here.

Analysis

Carnival Corporation (CCL) last released quarterly earnings on September 23rd for the period ending August 31st 2014. The company reported actual earnings per share of $1.58 against Zack’s Research estimate of $1.43. This represents a 10.49% surprise upside to the expected number.

The average broker recommendation according to Zacks is 2.46 based on 13 recommendations. On a consensus basis, analysts have a short term target price of $44.00 and expect a long term growth rate of 17.40%. Out of 265 companies within the leisure&rec svs industry, the company sits at 87. Zacks gives a current quarter EPS estimate of 0.19 and a Buy rating of 2 which is based on short term performance over the next one to three months. Of the companies included in the Zack’s consensus rating, 4 rate the stock a Strong Buy, 8 see it as a Hold and 1 a Sell.

About Carnival Corporation

Carnival Corporation (NYSE:CCL) is one of the world’s largest multiple-night cruise companies. The company offers a broad range of cruise brands serving the contemporary cruise sector of the vacation market through Carnival Cruise Lines and Costa, the premium cruise sector through Holland America Line and the luxury cruise sector through Cunard Line, Seabourn Cruise Line and Windstar Cruises.

Discussion2 Comments

  1. Hi Chris,
    I wanted to clarify that Windstar Cruises is not owned by Carnival Corp. We are owned by Xanterra Parks & Resorts.
    Best,
    Amanda

    • Thank you for pointing this out Amanda. We will take note of this for future articles.
      Thanks again,
      Chris

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