Carnival (NYSE:CCL) Stock Rating Lowered by Zacks Research

Carnival (NYSE:CCL) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

CCL has been the subject of several other reports. Sanford C. Bernstein boosted their price target on Carnival from $26.00 to $33.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Citigroup increased their price objective on Carnival from $36.00 to $39.00 and gave the stock a “buy” rating in a research report on Monday, December 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Carnival in a research report on Friday, December 26th. William Blair restated an “outperform” rating on shares of Carnival in a research note on Tuesday, March 3rd. Finally, Wall Street Zen raised shares of Carnival from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Nineteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Carnival has a consensus rating of “Moderate Buy” and an average target price of $35.09.

Carnival Stock Down 0.9%

Carnival stock opened at $26.16 on Monday. The company’s 50-day moving average price is $30.55 and its two-hundred day moving average price is $29.44. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The stock has a market cap of $32.41 billion, a P/E ratio of 13.08, a P/E/G ratio of 0.97 and a beta of 2.42. Carnival has a twelve month low of $15.07 and a twelve month high of $34.03.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.38 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The business’s revenue was up 6.6% on a year-over-year basis. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. As a group, analysts expect that Carnival will post 1.77 EPS for the current year.

Institutional Trading of Carnival

Several large investors have recently modified their holdings of CCL. Evolution Wealth Management Inc. bought a new position in shares of Carnival in the second quarter worth $25,000. BOCHK Asset Management Ltd bought a new stake in Carnival during the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in Carnival during the third quarter worth about $25,000. Lloyd Advisory Services LLC. acquired a new stake in Carnival during the fourth quarter worth about $26,000. Finally, Newbridge Financial Services Group Inc. increased its holdings in Carnival by 381.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after buying an additional 762 shares during the period. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.