Royal Caribbean Group (NYSE: RCL) is 75.03% higher on its value in year-to-date trading and has touched a low of $89.75 and a high of $214.12 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RCL stock was last observed hovering at around $210.77 in the last trading session, with the day’s gains setting it 15.87%.
Currently trading at $226.64, the stock is 11.32% and 23.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.37 million and changing 7.53% at the moment leaves the stock 48.46% off its SMA200. RCL registered 150.60% gain for a year compared to 6-month gain of 59.97%. The firm has a 50-day simple moving average (SMA 50) of $182.7976 and a 200-day simple moving average (SMA200) of $152.15256.
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 23.58% loss in the last 1 month and extending the period to 3 months gives it a 45.38%, and is 8.77% up 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 2.79% over the week and 2.56% over the month.
Royal Caribbean Group (RCL) has around 98200 employees, a market worth around $60.94B and $16.05B in sales. Current P/E ratio is 23.80 and Fwd P/E is 15.86. Profit margin for the company is 16.21%. Distance from 52-week low is 152.54% and 5.85% from its 52-week high. The company has generated returns on investments over the last 12 months (9.76%).
The EPS is expected to grow by 72.18% this year
1269.0 institutions hold shares in Royal Caribbean Group (RCL), with institutional investors hold 86.47% of the company’s shares. The shares outstanding are 256.42M, and float is at 247.55M with Short Float at 4.60%. Institutions hold 79.96% of the Float.
The top institutional shareholder in the company is CAPITAL RESEARCH GLOBAL INVESTORS with over 30.27 million shares valued at $4.83 billion. The investor’s holdings represent 11.7785 of the RCL Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 29.33 million shares valued at $4.68 billion to account for 11.4135 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 25.81 million shares representing 10.0443 and valued at over $4.12 billion, while BLACKROCK INC. holds 6.493 of the shares totaling 16.69 million with a market value of $2.66 billion.
Royal Caribbean Group (RCL) Insider Activity
The most recent transaction is an insider sale by Kulovaara Harri U, the company’s EVP, Maritime. SEC filings show that Kulovaara Harri U sold 19,385 shares of the company’s common stock on Nov 05 ’24 at a price of $209.58 per share for a total of $4.06 million. Following the sale, the insider now owns 25604.0 shares.
Still, SEC filings show that on Oct 30 ’24, Pujol Henry L (Chief Accounting Officer) disposed off 6,723 shares at an average price of $208.51 for $1.4 million. The insider now directly holds 9,964 shares of Royal Caribbean Group (RCL).
