Carnival Corporation & plc (CCL) is under scrutiny, with many expressing varied views about its trading status. There are some concerns about CCL underperforming in the Consumer Discretionary Sector along with Loop Capital lowering price expectations. Despite this, the company has produced impressive Q1 results indicating potential undervaluation of CCL stock, and Stifel has raised their price target to $31. Some suggest that CCL could be a worthy long-term momentum and value stock, although short-term outlook warnings have led to share prices dropping.
Prudential Financial and
SEI Investments Co. have considerably reduced their holding, whereas the
Teacher Retirement System of Texas and
GQG Partners LLC have purchased substantial shares. The company has been upgraded to a 'BUY' rating by StockNews.com, with
Xponance Inc and
Anthracite Investment Company purchasing more shares. CCL delivered strong earnings, surpassing estimates, and higher ticker prices and strong occupancy have led to a Q1 profit surge. Notably,
Vanguard Group Inc. has made a large purchase of CCL shares. There are also some concerns of potential impact from US tax regulations on cruise stocks.
Jim Cramer sees CCL as a great bargain, more so in an inflation era. The outlook appears positive with record bookings and strong Q4 earnings.
Carnival Stocks CCL News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 29 Mar 2025 23:56:41 GMT -
Rating -1
- Innovation 4
- Information 6
- Rumor -6
