Royal Caribbean Group (NYSE:RCL) saw a downside of -1.67% to $87.19 after subtracting -$1.48 on Wednesday. The 5-day average trading volume is 2,340,576 shares of the company’s common stock. It has gained $90.89 in the past week. An average of 3,578,139 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,716,740.
RCL’s 1-month performance is 5.76% or $3.49 on its low of $80.73 reached on 09/15/21. The company’s shares have touched a 52-week low of $51.33 and high of $99.24, with the stock’s rally to the 52-week high happening on 02/25/21. YTD, RCL has achieved 18.72% or $12.64. However, the current price is down -12.14%% from the 52-week high price.
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On Oct 11, 2 days have gone by since the last insider trading activity for Royal Caribbean Group (RCL). Lutoff-Perlo Lisa (Pres & CEO, Celebrity Cruises) most recently sold 2,591 shares at $87.45 per share on Oct 11. This transaction cost the insider $226,584. Pres & CEO, Celebrity Cruises, Lutoff-Perlo Lisa, sold 5,080 shares at a price of $80.96 on Sep 13. Then, on Jun 08, Director Wilhelmsen Arne Alexander sold 442,894 shares at a price of $95.22 per share. This transaction amounted to $42,172,455.
Royal Caribbean Group (RCL) has a trailing price-to-earnings (P/E) ratio of 21.70 for the broader industry and 31.02 for the sector. The company’s PE ratio for the last five years has touched a high of 89.43 and a low of 2.498. RCL stock has a beta of 2.73. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 244.72 while the price-to-book (PB) in the most recent quarter is 2.86.
Royal Caribbean Group’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.10 meaning that RCL stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.55, while the total debt to equity was 2.67The trailing 12-month EBITDA margin is -75.55%. The firm’s gross profit as reported stood at -$556.3 million against revenue of $2.21 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected RCL to announce -$4.39 per share in earnings in its latest quarter, but it posted -$5.06, representing a -15.30% surprise. EBITDA for the quarter stood at more than -$635.87 million. RCL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 25.81 billion, with total debt at $21.77 billion. Shareholders hold equity totaling $254.69 million
Let’s look briefly at Royal Caribbean Group (RCL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 46.27% to suggest the stock is trending Neutral, with historical volatility in this time period at 26.36%.
The stock’s 5-day moving average is $87.97, reflecting a -3.04% or -$2.74 change from its current price. RCL is currently trading +4.89% above its 20-day SMA, +5.45% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +17.24% and +19.81% respectively.
Stochastic %K and %D was 23.33% and 33.82% and the average true range (ATR) pointed at 2.69. The RSI (14) points at 51.04%, while the 14-day stochastic is at 9.51% with the period’s ATR at 2.82. The stock’s 9-day MACD Oscillator is pointing at -1.59 and -2.16 on the 14-day charts.
In the most recent analyst report for Royal Caribbean Group (NYSE: RCL), Wolfe Research upgraded it to an Outperform rating. They previously had a Peer perform rating on the stock. Analysts offering their rating for RCL stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate RCL as a “sell,”, while 5 advise that investors “Hold.” 2 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 have offered a “buy” rating.
What is RCL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $60.00 and a high of $135.00, with their median price target at $94.00. Looking at these predictions, the average price target given by analysts is for Royal Caribbean Group (RCL) stock is $95.00.