With 1.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.71 million shares. The 52-week range on RCL shows that it touched its highest point at $277.08 and its lowest point at $130.08 during that stretch. It currently has a 1-year price target of $266.91. With its current market cap of 64.74 billion, RCL has annualized dividend of $1.70 while the current yield stands at 0.71%. Beta for the stock currently stands at 2.12.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RCL was down-trending over the past week, with a drop of -4.68%, but this was up by 14.89% over a month. Three-month performance surged to 1.77% while six-month performance rose 2.87%. The stock gained 61.41% in the past year, while it has gained 3.34% so far this year. A look at the trailing 12-month EPS for RCL yields 11.91 with Next year EPS estimates of 17.72. For the next quarter, that number is 4.05. This implies an EPS growth rate of 29.85% for this year and 15.64% for next year. EPS is expected to grow by 19.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.10%.
Float and Shares Shorts:
At present, 271.56 million RCL shares are outstanding with a float of 246.86 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RCL since 14 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $11.93479 being high and $11.5938 being low. For RCL, this leads to a yearly average estimate of $11.69409. Based on analyst estimates, the high estimate for the next quarter is $6.29 and the low estimate is $5.72. The average estimate for the next quarter is thus $5.97.
