Carnival plc ADR (NYSE: CUK) is -13.35% lower on its value in year-to-date trading and has touched a low of $9.77 and a high of $17.95 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 CUK stock was last observed hovering at around $14.56 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $14.61, the stock is 1.01% and -4.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing 0.34% at the moment leaves the stock -0.88% off its SMA200. CUK registered 7.35% gain for a year compared to 6-month loss of -0.68%.
The stock witnessed a 7.90% gain in the last 1 month and extending the period to 3 months gives it a -2.01%, and is -1.68% 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 3.67% over the week and 3.17% over the month.
Current P/E ratio is 22.42 and Fwd P/E is 9.37. Profit margin for the company is 3.86%. Distance from 52-week low is 49.54% and -18.61% from its 52-week high. The company has generated returns on investments over the last 12 months (2.57%).
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Carnival plc ADR (CUK) Top Institutional Holders
118.0 institutions hold shares in Carnival plc ADR (CUK), with institutional investors hold 26.75% of the company’s shares. The shares outstanding are 144.81M, and float is at 144.79M with Short Float at 2.75%. Institutions hold 26.75% of the Float.
The top institutional shareholder in the company is ARISTEIA CAPITAL LLC with over 10.93 million shares valued at $188.26 million. The investor’s holdings represent 0.8629% of the CUK Shares outstanding. As of 2024-06-30, the second largest holder is MIRABELLA FINANCIAL SERVICES LLP with 4.27 million shares valued at $64.33 million to account for 0.3373 of the shares outstanding. The other top investors are NORGES BANK which holds 2.96 million shares representing 0.2339% and valued at over $51.04 million, while JPMORGAN CHASE & CO holds 0.2079 of the shares totaling 2.63 million with a market value of $45.37 million.
Carnival plc ADR (CUK) Insider Activity
The most recent transaction is an insider sale by Bernstein David, the company’s CFO & CAO. SEC filings show that Bernstein David sold 153,995 shares of the company’s common stock on Feb 15 ’24 at a price of $15.37 per share for a total of $2.37 million. Following the sale, the insider now owns 0.18 million shares.
Carnival plc ADR disclosed in a document filed with the SEC on Jan 19 ’24 that Bernstein David (CFO & CAO) sold a total of 34,020 shares of the company’s common stock. The trade occurred on Jan 19 ’24 and was made at $17.05 per share for $0.58 million. Following the transaction, the insider now directly holds 0.34 million shares of the CUK stock.
Still, SEC filings show that on Oct 19 ’23, WEISENBURGER RANDALL J (Director) acquired 100,000 shares at an average price of $11.50 for $1.15 million. The insider now directly holds 378,368 shares of Carnival plc ADR (CUK).
