Carnival Corporation (CCL) Analysts See $0.42 EPS

February 24, 2018 - By Marguerite Chambers

 Carnival Corporation (CCL) Analysts See $0.42 EPS
Investors sentiment decreased to 1.11 in 2017 Q3. Its down 0.01, from 1.12 in 2017Q2. It worsened, as 32 investors sold Carnival Corporation shares while 232 reduced holdings. 79 funds opened positions while 214 raised stakes. 398.79 million shares or 2.41% less from 408.62 million shares in 2017Q2 were reported.
Black Creek Investment Management owns 3.65% invested in Carnival Corporation (NYSE:CCL) for 1.28 million shares. The Connecticut-based Virtus Advisers Inc has invested 0.31% in Carnival Corporation (NYSE:CCL). Ontario – Canada-based Canada Pension Plan Invest Board has invested 0.05% in Carnival Corporation (NYSE:CCL). Evercore Wealth Mgmt Ltd Llc invested 0% in Carnival Corporation (NYSE:CCL). Two Sigma Securities Lc holds 0.02% or 3,960 shares. Wells Fargo Mn stated it has 1.78M shares. Bluefin Trading Limited Liability Company has 0.05% invested in Carnival Corporation (NYSE:CCL). Cetera Advisor Networks Lc reported 4,635 shares stake. 213,152 were reported by Davidson Advsrs. The Illinois-based First American National Bank has invested 0.36% in Carnival Corporation (NYSE:CCL). Provise Mgmt Group Limited Company reported 0.03% of its portfolio in Carnival Corporation (NYSE:CCL). Clinton Group Inc stated it has 0.95% in Carnival Corporation (NYSE:CCL). Smithfield Trust accumulated 2,825 shares. Alexandria Cap Limited Liability holds 0% in Carnival Corporation (NYSE:CCL) or 100 shares. Shell Asset, a Netherlands-based fund reported 62,743 shares.

Since October 16, 2017, it had 0 insider purchases, and 16 insider sales for $15.26 million activity. On Tuesday, January 9 the insider DONALD ARNOLD W sold $204,000. 8,567 shares valued at $588,852 were sold by PEREZ ARNALDO on Tuesday, February 13. The insider KRUSE STEIN sold 21,602 shares worth $1.49 million. Shares for $288,874 were sold by GLASIER RICHARD. 3,840 shares were sold by BAND SIR JONATHON, worth $267,226 on Tuesday, January 16.

Analysts expect Carnival Corporation (NYSE:CCL) to report $0.42 EPS on March, 27.They anticipate $0.04 EPS change or 10.53 % from last quarter’s $0.38 EPS. CCL’s profit would be $300.50M giving it 40.93 P/E if the $0.42 EPS is correct. After having $0.63 EPS previously, Carnival Corporation’s analysts see -33.33 % EPS growth. The stock increased 0.82% or $0.56 during the last trading session, reaching $68.76. About 2.04 million shares traded. Carnival Corporation (NYSE:CCL) has risen 24.12% since February 24, 2017 and is uptrending. It has outperformed by 7.42% the S&P500.

Carnival Corporation (NYSE:CCL) Ratings Coverage

Among 29 analysts covering Carnival Corporation (NYSE:CCL), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Carnival Corporation had 72 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Deutsche Bank with “Hold” on Thursday, September 29. On Friday, May 26 the stock rating was upgraded by Wolfe Research to “Outperform”. The firm has “Buy” rating given on Thursday, January 18 by Susquehanna. As per Thursday, November 16, the company rating was maintained by SunTrust. The rating was upgraded by Morgan Stanley on Wednesday, December 6 to “Equal-Weight”. As per Monday, July 24, the company rating was maintained by Bank of America. On Tuesday, December 19 the stock rating was maintained by J.P. Morgan with “Hold”. The rating was maintained by Credit Suisse on Thursday, January 25 with “Outperform”. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, February 2. The firm earned “Equal-Weight” rating on Thursday, May 26 by Morgan Stanley.

Carnival Corporation operates as a leisure travel and cruise company. The company has market cap of $49.20 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 19.15 P/E ratio. The firm operates approximately 100 cruise ships.

More recent Carnival Corporation (NYSE:CCL) news were published by: Reuters.com which released: “Carnival probes security personnel’s response to brawl in South Pacific cruise” on February 19, 2018. Also Nasdaq.com published the news titled: “Ex-Dividend Reminder: Horton, Thomson Reuters and Carnival” on February 20, 2018. Bizjournals.com‘s news article titled: “Carnival orders German-made ship for P&O Cruises” with publication date: January 25, 2018 was also an interesting one.

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