Carnival plc ADR (NYSE: CUK) is -20.21% lower on its value in year-to-date trading and has touched a low of $12.65 and a high of $26.14 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 $17.75 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $17.96, the stock is 7.03% and 1.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 1.18% at the moment leaves the stock -6.49% off its SMA200. CUK registered 36.27% gain for a year compared to 6-month loss of -9.79%.
The stock witnessed a 21.68% gain in the last 1 month and extending the period to 3 months gives it a -27.38%, and is 8.06% 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 2.81% over the week and 4.82% over the month.
Current P/E ratio is 11.96 and Fwd P/E is 8.32. Profit margin for the company is 8.07%. Distance from 52-week low is 41.98% and -31.29% from its 52-week high. The company has generated returns on investments over the last 12 months (5.72%).
with sales reaching $6.2B over the same period.The EPS is expected to grow by 31.30% this year, but quarterly earnings will post 4.25% year-over-year. Quarterly sales are estimated to grow 7.24% in year-over-year returns.
The shares outstanding are 145.38M, and float is at 145.36M with Short Float at 3.77%.
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
Carnival plc ADR disclosed in a document filed with the SEC on Oct 29 ’24 that BAND SIR JONATHON (Director) sold a total of 17,500 shares of the company’s common stock. The trade occurred on Oct 29 ’24 and was made at $21.72 per share for $0.38 million. Following the transaction, the insider now directly holds 65789.0 shares of the CUK stock.
Still, SEC filings show that on Oct 29 ’24, BAND SIR JONATHON (Director) Proposed Sale 17,500 shares at an average price of $20.91 for $0.37 million. The insider now directly holds shares of Carnival plc ADR (CUK).
