Related posts

Stocks climb, reducing weekly lossesNvidia and tech reboundTSX fades, but Wall Street recovers
Investor Insights

This summary was created by AI, based on 14 opinions in the last 12 months.

The reviews from different experts express a mix of opinions about Carnival Corp. Some experts view the company as having strong fundamentals, a growing popularity in cruising, and potential for growth. Others express caution due to high debt levels, uncertainty related to potential recession, and the cyclical nature of the business. Overall, the company has shown resilience after the impact of Covid-19 but still faces challenges related to debt and potential economic downturn.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY
Carnival Corp.

Likes the idea of travel stocks longer term, given global demographics. Trending sideways for the last year, 200-day MA is flat. Though lower interest rates will help the debt situation, you also need to be concerned in the near term with the consumer and the economy.

He'd prefer a name like RCL.

Transportation
BUY ON WEAKNESS
Carnival Corp.

Some say that pent-up demand from pandemic is done. However, he thinks there's still some gas left in the tank. Consumers still want to get out. Stock's been extremely choppy. Well run, great management.

Don't buy at these levels for the long term. A play over the next 2-3 years on the premise that economy will not fall into recession and discretionary service products can still stay afloat.

Transportation
WEAK BUY
Carnival Corp.
CCL vs. RCL

Up till Covid, well-positioned to take advantage of increased cruising. Had to offer new shares, which diluted shares and increased debt. Clawing their way back up from lows. Cruise industry is very positive for next 12 months. Down with overall market today.

RCL is in better shape and better managed.

Transportation
BUY
Carnival Corp.

They reported a beat yesterday and shares popped. You may think that taking a cruise is expensive, but some of the features on these cruises are actually a good deal.

Transportation
PAST TOP PICK
Carnival Corp.
(A Top Pick Aug 24/23, Up 3%)

He bought this at $10 so has made good money. Expects it to go to $20. It has taken on a lot of debt so managing it is important. The chart shows a bottom and now turning up although it is volatile. The 5 year chart shows the price still hasn't recovered from pre-Covid. No dividend.

Transportation
DON'T BUY
Carnival Corp.

Took on debt during pandemic, so now a much worse business. He'd rather own businesses hurt during pandemic, but are better today. Cruises makes sense for aging population. Cruising business is tough. He'd rather own a BKNG, ABNB, MAR or HLT.

Transportation
BUY
Carnival Corp.

The Baltimore bridge collapse saw a knee-jerk reaction to these shares. Cruising is growing more popular. This will do well. Strong fundamentals.

Transportation
PAST TOP PICK
Carnival Corp.
(A Top Pick Aug 24/23, Up 2%)

Disclosure: He did go on a cruise and collected a $100 credit as a shareholder. Turnaround situation. Volatile. Building new boats and filling them up. 

Transportation
BUY
Carnival Corp.

They report Thursday. CCL tends to report weaker cruise numbers than its peers. He expects analyst upgrades no matter what.

Transportation
PAST TOP PICK
Carnival Corp.
(A Top Pick Aug 24/23, Down 6%)

This is one to own with a short time frame in mind. There is some concern with debt but it is being dealt with. If you own 100 shares of the company you can get a discount on cruises.

Transportation
COMMENT
Carnival Corp.

The cruise line business bounced back well this year after Covid. It may not be able to increase its pricing this year. The next quarter may be slower but the next year overall should be decent.

Transportation
BUY
Carnival Corp.

A month ago reported strong top and line beats based on strong bookings, but shares fell 5%, probably because management cut EBTIDA full-year cost due to higher fuel costs. Didn't the market know that? People love to cruise, so there is tremendous demand.

Transportation
DON'T BUY
Carnival Corp.

Cruise line sector suffered during Covid-19 which increased debt & equity.
Vert diluted share base.
Interest rates hard on debt levels.
Hard to earn profits with cyclical nature of business.
Does not invest in sector.
If economy enters recession, will impact profits.


Transportation
TOP PICK
Carnival Corp.

Pullback is an opportunity. Will probably hang around $15 level for a while. Lots of people are going back into the swing of vacations, and he thinks it will continue. No dividend.

(Analysts’ price target is $18.03)
Transportation
Showing 1 to 15 of 101 entries

Carnival Corp.(CCL-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 11

Stockchase rating for Carnival Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Carnival Corp.(CCL-N) Frequently Asked Questions

What is Carnival Corp. stock symbol?

Carnival Corp. is a American stock, trading under the symbol CCL-N on the New York Stock Exchange (CCL). It is usually referred to as NYSE:CCL or CCL-N

Is Carnival Corp. a buy or a sell?

In the last year, 11 stock analysts published opinions about CCL-N. 9 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Carnival Corp..

Is Carnival Corp. a good investment or a top pick?

Carnival Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Carnival Corp..

Why is Carnival Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Carnival Corp. worth watching?

11 stock analysts on Stockchase covered Carnival Corp. In the last year. It is a trending stock that is worth watching.

What is Carnival Corp. stock price?

On 2024-10-08, Carnival Corp. (CCL-N) stock closed at a price of $18.93.