Analysts See $2.30 EPS for Carnival Corporation (CCL)

September 16, 2018 - By Victoria Pittman

Carnival Corporation (NYSE:CCL) LogoInvestors sentiment increased to 1.36 in 2018 Q2. Its up 0.18, from 1.18 in 2018Q1. It is positive, as 60 investors sold Carnival Corporation shares while 190 reduced holdings. 81 funds opened positions while 260 raised stakes. 388.07 million shares or 1.73% less from 394.90 million shares in 2018Q1 were reported.
Meiji Yasuda Life stated it has 42,400 shares or 0.33% of all its holdings. Ameritas Prtn owns 7,728 shares. Mutual Of America Cap Mgmt Ltd Company invested in 0.04% or 52,238 shares. Moreover, Capwealth Advsr Limited has 2.36% invested in Carnival Corporation (NYSE:CCL) for 230,316 shares. Iberiabank Corporation, a Louisiana-based fund reported 3,914 shares. Twin Tree Mgmt L P accumulated 100,555 shares. Tiedemann Advisors Ltd Llc reported 0.05% of its portfolio in Carnival Corporation (NYSE:CCL). Zurcher Kantonalbank (Zurich Cantonalbank) holds 196,029 shares. Arizona State Retirement System holds 0.11% of its portfolio in Carnival Corporation (NYSE:CCL) for 186,200 shares. Rdl Incorporated reported 0.72% in Carnival Corporation (NYSE:CCL). State Treasurer State Of Michigan has invested 0.05% in Carnival Corporation (NYSE:CCL). Strategic Global Advsr Ltd Liability Corp has invested 0.11% in Carnival Corporation (NYSE:CCL). Moreover, Dimensional Fund Limited Partnership has 0.07% invested in Carnival Corporation (NYSE:CCL). Lsv Asset Management, Illinois-based fund reported 38,100 shares. Manufacturers Life Insur The holds 414,037 shares or 0.03% of its portfolio.

Since April 2, 2018, it had 0 insider purchases, and 4 sales for $1.40 million activity. PEREZ ARNALDO sold $448,101 worth of Carnival Corporation (NYSE:CCL) on Monday, April 16.

Analysts expect Carnival Corporation (NYSE:CCL) to report $2.30 EPS on September, 25.They anticipate $0.01 EPS change or 0.44 % from last quarter’s $2.29 EPS. CCL’s profit would be $1.62 billion giving it 6.95 P/E if the $2.30 EPS is correct. After having $0.68 EPS previously, Carnival Corporation’s analysts see 238.24 % EPS growth. The stock increased 1.99% or $1.25 during the last trading session, reaching $63.95. About 4.40M shares traded or 16.39% up from the average. Carnival Corporation (NYSE:CCL) has declined 8.29% since September 16, 2017 and is downtrending. It has underperformed by 23.91% the S&P500.

Carnival Corporation (NYSE:CCL) Ratings Coverage

Among 13 analysts covering Carnival Corp (NYSE:CCL), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Carnival Corp has $8600 highest and $68 lowest target. $76.26’s average target is 19.25% above currents $63.95 stock price. Carnival Corp had 20 analyst reports since March 18, 2018 according to SRatingsIntel. As per Friday, June 8, the company rating was maintained by Tigress Financial. The stock of Carnival Corporation (NYSE:CCL) earned “Overweight” rating by Barclays Capital on Friday, March 23. The firm has “Buy” rating by Buckingham Research given on Friday, May 25. The stock has “Buy” rating by SunTrust on Tuesday, March 27. Credit Suisse maintained Carnival Corporation (NYSE:CCL) on Thursday, September 13 with “Outperform” rating. Argus Research downgraded the stock to “Hold” rating in Friday, July 6 report. Susquehanna maintained the stock with “Buy” rating in Wednesday, March 21 report. Deutsche Bank maintained it with “Hold” rating and $68 target in Tuesday, June 26 report. The firm earned “Outperform” rating on Tuesday, June 26 by Wells Fargo. Deutsche Bank maintained Carnival Corporation (NYSE:CCL) rating on Friday, March 23. Deutsche Bank has “Hold” rating and $71 target.

Carnival Corporation operates as a leisure travel and cruise company. The company has market cap of $45.04 billion. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises , Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. It has a 16.27 P/E ratio. The firm operates approximately 100 cruise ships.

Another recent and important Carnival Corporation (NYSE:CCL) news was published by Bizjournals.com which published an article titled: “Ahoy! Port Canaveral OKs plan to steer in Carnival’s largest ship in 2020” on August 29, 2018.

Carnival Corporation (NYSE:CCL) Institutional Positions Chart

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