Michael Bayley, an insider at RCL, has recently sold 24,201 shares of Royal Caribbean Group. Despite these sales, RCL has increased its
full year guidance and received a price target raise to $168.00 from UBS Group. The company's
stock has experienced both under-performance and outstanding performance compared to its competitors within similar timeframes. A comprehensive report on RCL's decarbonization efforts has also been released. Insider sales have been frequent, with
Henry Pujol selling 9,944 shares, and
Harri Kulovaara, the EVP, selling 24,707 shares. In contrast, RCL announced the successful completion of a
$1.25 billion offering of senior unsecured notes for refinancing purposes. The company has reported an increase in its 2023 results and expects record earnings in 2024 due to
strong demand. New partnerships have been established with Hard Rock International, Celebrity Cruises, and Chantiers de l'Atlantique for its next Oasis Class Ship. The company seems to have a good financial health with consistent profit outlook increase due to the cruise boom and robust demand.
Royal Caribbean Group RCL News Analytics from Tue, 11 Jul 2023 07:00:00 GMT to Sat, 18 May 2024 08:46:16 GMT -
Rating 5
- Innovation -2
- Rumor 2
