Royal Caribbean Group (NYSE: RCL) is -1.50% lower on its value in year-to-date trading and has touched a low of $113.10 and a high of $258.70 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 $226.95 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $227.23, the stock is -2.86% and -2.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 0.12% at the moment leaves the stock 28.11% off its SMA200. RCL registered 83.84% gain for a year compared to 6-month gain of 36.56%. The firm has a 50-day simple moving average (SMA 50) of $233.5608 and a 200-day simple moving average (SMA200) of $176.91965.
The stock witnessed a -7.50% loss in the last 1 month and extending the period to 3 months gives it a 17.38%, and is -0.75% 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 2.79% over the week and 2.68% over the month.
Royal Caribbean Group (RCL) has around 98200 employees, a market worth around $61.10B and $16.05B in sales. Current P/E ratio is 23.86 and Fwd P/E is 15.64. Profit margin for the company is 16.21%. Distance from 52-week low is 100.91% and -12.16% from its 52-week high. The company has generated returns on investments over the last 12 months (9.76%).
with sales reaching $3.77B over the same period.The EPS is expected to grow by 72.64% this year, but quarterly earnings will post 18.55% year-over-year. Quarterly sales are estimated to grow 13.18% in year-over-year returns.
Royal Caribbean Group (RCL) Top Institutional Holders
1311.0 institutions hold shares in Royal Caribbean Group (RCL), with institutional investors hold 86.84% of the company’s shares. The shares outstanding are 268.87M, and float is at 244.35M with Short Float at 5.00%. Institutions hold 86.50% 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 3,256 shares of the company’s common stock on Nov 20 ’24 at a price of $234.62 per share for a total of $0.76 million. Following the sale, the insider now owns 22348.0 shares.
Royal Caribbean Group disclosed in a document filed with the SEC on Nov 20 ’24 that Wilhelmsen Arne Alexander (Director) sold a total of 250,000 shares of the company’s common stock. The trade occurred on Nov 20 ’24 and was made at $235.45 per share for $58.86 million. Following the transaction, the insider now directly holds 18.31 million shares of the RCL stock.
Still, SEC filings show that on Nov 19 ’24, Wilhelmsen Arne Alexander (Director) disposed off 230,000 shares at an average price of $233.62 for $53.73 million. The insider now directly holds 18,556,860 shares of Royal Caribbean Group (RCL).
