Royal Caribbean Group (NYSE: RCL) is -2.23% lower on its value in year-to-date trading and has touched a low of $59.37 and a high of $141.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RCL stock was last observed hovering at around $127.17 in the last trading session, with the day’s loss setting it -0.57%.
Currently trading at $126.60, the stock is -6.06% and -0.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.06 million and changing -0.45% at the moment leaves the stock 14.92% off its SMA200. RCL registered 104.36% gain for a year compared to 6-month gain of 47.02%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -1.80% loss in the last 1 month and extending the period to 3 months gives it a 3.09%, and is -4.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.39% over the week and 2.87% over the month.
Royal Caribbean Group (RCL) has around 98200 employees, a market worth around $32.49B and $13.90B in sales. Current P/E ratio is 20.55 and Fwd P/E is 10.84. Profit margin for the company is 12.22%. Distance from 52-week low is 113.24% and -10.66% from its 52-week high. The company has generated returns on investments over the last 12 months (6.77%).
The EPS is expected to grow by 47.71% this year.
Royal Caribbean Group (RCL) Top Institutional Holders
The shares outstanding are 256.42M, and float is at 235.75M with Short Float at 6.51%.
Royal Caribbean Group (RCL) Insider Activity
The most recent transaction is an insider sale by Bayley Michael W,the company’sPres&CEO, Royal Caribbean Intl. SEC filings show that Bayley Michael W sold 11,753 shares of the company’s common stock on Feb 13 ’24 at a price of $116.01 per share for a total of $1.36 million. Following the sale, the insider now owns 0.17 million shares.
Royal Caribbean Group disclosed in a document filed with the SEC on Dec 14 ’23 that Wilhelmsen Arne Alexander (Director) sold a total of 284,766 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $121.73 per share for $34.66 million. Following the transaction, the insider now directly holds 19.17 million shares of the RCL stock.
Still, SEC filings show that on Dec 13 ’23, Wilhelmsen Arne Alexander (Director) disposed off 400,000 shares at an average price of $119.98 for $47.99 million. The insider now directly holds 19,452,273 shares of Royal Caribbean Group (RCL).
