Analyst Ratings for Carnival Corp. (CCL)

Updated: 2017-07-28

An average rating of Overweight has been given to Carnival Corp. (NYSE:CCL) by analysts covering the stock. CCL had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 15 analysts, 1 gave an overweight rating, 10 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for CCL by the analysts covering the stock. The maximum price target given was 80, implying potential capital gains of 20.39 percent. The lowest price target was 53, implying potential capital losses of -20.24 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.23 percent on average, compared to last month. That number becomes 3.29 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.13 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.22 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

CCL has an estimated earnings growth rate of -1.07 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. CCL has a PEG ratio of -16.46.

CCL has traded between a high of 67.80 and a low of 44.11 over the past year. Currently the stock is 50.65 percent higher than its low, and 1.99 percent below the high. CCL has a P/E ratio of 17.61. Investors typically compare the P/E ratio to a company's peers in the industry. The CCL value stock report compares CCL to some of its peers using value stock charts. The market cap of CCL is $35.6 billion. CCL's next earnings release will be on 0000-00-00, which is days away.