In the past 52-week period, shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) have moved within the range of $74.62 to $128.09. On the stock’s most recent trading day, the company’s shares ended the regular session at $120.86, which is 5.64% lower than its 52-week high.
Royal Caribbean Cruises Ltd. (RCL) has demonstrated a 20-day simple moving average (SMA) of -2.36%, and a 50-day SMA of -0.26%. This public company’s current market capitalization stands at $25.76 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Gauging the level of enthusiasm that Wall Street analysts have for a particular stock is important when considering an investment. According to the latest data, the consensus recommendation for Royal Caribbean Cruises Ltd. (RCL) is Outperform.
When it comes to reporting sales figures, public companies typically post earnings and revenue that fall above or below the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Jun. 2017, Royal Caribbean Cruises Ltd. (RCL) delivered a 0.08% surprise with its net revenue. Sales reached $2.2 billion during the three-month period, compared to the average analyst estimate of $2.19 billion.
Meanwhile, during the same quarter Royal Caribbean Cruises Ltd. (RCL) delivered a 2.59% earnings surprise. Net earnings for the quarter were posted at $1.71 per share, whereas Wall Street had forecast $1.67 per share.
Ownership at Royal Caribbean Cruises Ltd. (RCL), According to Most Recent SEC Filings
A publicly-traded company’s most recent 13F filings give us important details about the organization’s institutional ownership. Royal Caribbean Cruises Ltd. (RCL) has 0.22 billion shares outstanding currently, 72.17% of which belong to institutional investors. Those institutional holdings amount to $19.21 billion.
Additionally, according to the most recent 13F filing from Royal Caribbean Cruises Ltd. (RCL), there were 94 new positions totaling 4,371,266 shares of the company’s stock. There were 43 sold out positions, on the other hand, totaling 2,992,344 shares.
Short, Medium and Long Term Indicators
Taking a look at a stock’s average volume – in the long, medium and short terms – is helpful for understanding investor sentiment and trading activity. Royal Caribbean Cruises Ltd. (RCL) has had a 20-day average volume of 1,613,790 shares, with an average of 40% of short term indicators pointed at Sell.
The stock’s 50-day average volume has been 1,697,826 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 1,573,049 shares with 67% of long-term indicators pointing to Buy.