$3.95 EPS Expected for Royal Caribbean Cruises Ltd. (RCL)

October 11, 2018 - By Ruchi Gupta

Royal Caribbean Cruises Ltd. (NYSE:RCL) LogoInvestors sentiment decreased to 0.99 in 2018 Q2. Its down 0.15, from 1.14 in 2018Q1. It dived, as 70 investors sold Royal Caribbean Cruises Ltd. shares while 176 reduced holdings. 69 funds opened positions while 175 raised stakes. 142.37 million shares or 1.46% less from 144.48 million shares in 2018Q1 were reported.
Azimuth Cap Mngmt Ltd stated it has 72,315 shares. Johnson Invest Counsel has invested 0.01% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL). California State Teachers Retirement System has invested 0.06% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Gemmer Asset Mgmt Ltd Co holds 0% or 29 shares. 269,242 are held by Credit Suisse Ag. Cipher Capital Lp invested 0.19% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL). Raymond James Fincl Ser Advisors, a Florida-based fund reported 30,257 shares. Banced Corporation reported 4,927 shares or 0.87% of all its holdings. Oakbrook Llc, Illinois-based fund reported 6,442 shares. 3,290 are owned by Conning Inc. Mason Street Advisors Limited Liability Company has invested 0.06% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Janney Cap Mngmt has invested 0.6% in Royal Caribbean Cruises Ltd. (NYSE:RCL). House Llc, a California-based fund reported 2,385 shares. Spirit Of America Mgmt Ny stated it has 5,000 shares or 0.06% of all its holdings. Financial Bank Of Nova Scotia reported 0% in Royal Caribbean Cruises Ltd. (NYSE:RCL).

Since April 13, 2018, it had 0 insider purchases, and 3 insider sales for $5.13 million activity. $828,652 worth of Royal Caribbean Cruises Ltd. (NYSE:RCL) was sold by Kulovaara Harri U.

Analysts expect Royal Caribbean Cruises Ltd. (NYSE:RCL) to report $3.95 EPS on November, 6.They anticipate $0.46 EPS change or 13.18 % from last quarter’s $3.49 EPS. RCL’s profit would be $825.43 million giving it 7.52 P/E if the $3.95 EPS is correct. After having $2.27 EPS previously, Royal Caribbean Cruises Ltd.’s analysts see 74.01 % EPS growth. The stock decreased 3.53% or $4.35 during the last trading session, reaching $118.74. About 1.69M shares traded or 3.72% up from the average. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 1.68% since October 11, 2017 and is uptrending. It has underperformed by 13.94% the S&P500.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Ratings Coverage

Among 8 analysts covering Royal Caribbean (NYSE:RCL), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Royal Caribbean had 12 analyst reports since April 19, 2018 according to SRatingsIntel. Morgan Stanley maintained Royal Caribbean Cruises Ltd. (NYSE:RCL) rating on Tuesday, June 5. Morgan Stanley has “Equal-Weight” rating and $110 target. The firm has “Buy” rating by Stifel Nicolaus given on Friday, April 27. Citigroup maintained the shares of RCL in report on Friday, August 17 with “Buy” rating. The rating was upgraded by Deutsche Bank on Wednesday, August 29 to “Buy”. The firm earned “Buy” rating on Thursday, April 19 by Stifel Nicolaus. As per Wednesday, September 26, the company rating was maintained by Bank of America. JP Morgan maintained it with “Overweight” rating and $151 target in Friday, June 15 report. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) has “Buy” rating given on Wednesday, April 25 by Susquehanna. As per Thursday, September 6, the company rating was maintained by Morgan Stanley. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Buy” rating by Stifel Nicolaus on Tuesday, July 24.

Royal Caribbean Cruises Ltd. operates as a cruise company. The company has market cap of $24.81 billion. The firm operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brand names. It has a 14.77 P/E ratio. The Royal Caribbean International brand provides a range of itineraries ranging from 2 to 24 nights with options for onboard dining, entertainment, and other onboard activities to various destinations.

More recent Royal Caribbean Cruises Ltd. (NYSE:RCL) news were published by: Bizjournals.com which released: “Silversea Cruises to order 3 new ships” on October 09, 2018. Also Seekingalpha.com published the news titled: “Cruise line sector trades weak after Carnival guidance disappoints” on September 27, 2018. Seekingalpha.com‘s news article titled: “Royal Caribbeans adds to Silverseas fleet” with publication date: October 08, 2018 was also an interesting one.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Ratings Chart

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