Carnival (NYSE:CCL) stock fell 5.3% in today’s pre-market trading session at 4:44 AM ET. The stock fell after S&P cut the company’s credit rating to “junk” status.
Carnival stock rose 2.4% in today’s pre-market trading session at 5:52 AM ET. The company will suspend its cruises in North America until September 30.
Carnival stock fell around 8.2% in today’s trading session at 8:11 AM ET. The company released its preliminary results for the second quarter of fiscal 2020.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) stock fell in the pre-market trading session today. The shares fell 10% in today’s trading session at 7:47 AM ET.
Today at 7:32 AM ET, Carnival (NYSE:CCL) stock rose 3% to $17.27 in the pre-market session. There’s more optimism about coronavirus vaccines and treatments.
Today at 6:32 AM ET, Carnival (NYSE:CCL) stock rose 11% to $16.00 in the pre-market session. The company has been benefiting from positive developments.
Carnival stock rose 15.2% on Monday and closed at $14.72 with a market cap of $10.7 billion. The stock price rose due to hope about a COVID-19 vaccine.
Carnival is among the most profitable and financially strong leisure travel companies in the world. It provides leisure travel to all major cruise destinations across the globe.
Information technology is the biggest invested sector by the Janus Fund (JDGAX). Two other sectors—consumer discretionary and healthcare—form the core of the fund.
The T. Rowe Price Blue Chip Growth Fund’s has fallen by 2.2% in 2016. This places it among the bottom three funds in the pack of 12 funds in our review.
The Janus Fund – Class A (JDGAX) was founded in February 1970 and has an expense ratio of 0.98%. There is a minimum of $2,500 to invest in this fund via Class A shares, but there is no minimum subsequent investment.
Carnival has a low valuation compared to its peers. Analysts are expecting the lowest EBITDA growth for CCL—related to peers RCL and NCLH—in the next four quarters.
Carnival’s (CCL) competitors include Royal Caribbean Cruises and Norwegian Cruise Line. CCL forms 3.9% of the WBI Large Cap Tactical Value Shares (WBIF).
Carnival Corporation (CCL) saw a marginal fall in its top line numbers. The revenues for 4Q15 fell by about 2.5% year-over-year to reach $3.71 billion.
Currently, CCL’s forward EV/EBITDA ratio stands at 10.4x. CCL enjoyed its highest valuation of 63x during September 2006. It reached its lows of ~5x in November 2008.
Carnival has outperformed its competitors based on gross profit margin, EPS, and current ratio. Carnival has outperformed its ETFs based on PE and price movement.
Royal Caribbean’s (RCL) share price shot up considerably in 2014. RCL was the only company among the three major cruise operators to outperform the S&P 500 index throughout the year.
Cruises still have a small share of the total tourism industry compared to land-based vacation alternatives. The global cruise industry had only 240,000 cabins in 2013.
Carnival Corporation’s (CCL) net cruise cost per ALBD has decreased by 1.3% year-over-year to $124.35 in 2014. This was primarily due to lower fuel cost.
Carnival’s operating profit increased to $1,792 million in 2014, from $1,352 million in 2013. Its operating margin increased to 11.3%, from 8.7% in 2013.
How travel and tourism manage fare structures An important aspect of revenue management in companies operating in the travel and tourism sector, including cruises, hotels, and airlines, is managing their fare structures. Companies hike prices during peak seasons and offer deals to attract customers during off-seasons. Travelers who plan their trips and book tickets and […]
Carnival’s (CCL) brands P&O Cruises and Cunard Cruise Line primarily serve the UK market. Costa, AIDA, and Ibero serve Germany, Italy, France, and Spain.
Cruise categories Cruise liners have been successfully providing a wide range of products and services at various price points to suit preferences of passengers from different age groups. Service levels and pricing differ by brand, category of the ship, cabins, season, duration, and itinerary. We can categorize cruise brands into these three categories: contemporary, premium, […]
Two of Carnival Corporation’s (CCL) operating segments comprise almost 98% of the company’s revenue. Carnival also reports a Cruise Support segment and a Tour segment.
Carnival serves the most popular cruise destinations of the world, including the Caribbean, Alaska, and fast-growing destinations in Europe and Australasia.
