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

October 13, 2018 - By Adrian Erickson

Royal Caribbean Cruises Ltd. (NYSE:RCL) LogoInvestors sentiment decreased to 0.99 in Q2 2018. Its down 0.15, from 1.14 in 2018Q1. It fall, 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.
9,571 are held by Public Sector Pension Invest Board. Melvin Cap Management Lp has 0.66% invested in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 700,000 shares. Beach Counsel Incorporated Pa has invested 0.45% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Tiger Mgmt Lc accumulated 264,530 shares or 5.52% of the stock. Ubs Asset Americas Inc, a Illinois-based fund reported 663,652 shares. Petrus Lta holds 0.05% or 2,325 shares. Etrade Mngmt Limited Com invested in 0.06% or 17,506 shares. Price T Rowe Associates Md reported 6.76M shares. Fincl Bank Hapoalim Bm has invested 0.11% in Royal Caribbean Cruises Ltd. (NYSE:RCL). 18,237 were accumulated by Burney. The Ontario – Canada-based Td Asset has invested 0.04% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Disciplined Growth Invsts Mn stated it has 1.04 million shares. Alps Incorporated holds 0% or 4,453 shares. Addenda Capital has invested 0.1% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL). Barrow Hanley Mewhinney And Strauss invested 0.48% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL).

Since April 13, 2018, it had 0 insider purchases, and 3 selling transactions for $5.13 million activity. Another trade for 6,600 shares valued at $828,652 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 $825.44M giving it 7.53 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 increased 1.88% or $2.2 during the last trading session, reaching $119.05. About 1.26 million shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 1.68% since October 14, 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. Citigroup maintained it with “Buy” rating and $136 target in Friday, August 17 report. JP Morgan maintained the stock with “Overweight” rating in Friday, June 15 report. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) has “Equal-Weight” rating given on Thursday, September 6 by Morgan Stanley. Deutsche Bank upgraded Royal Caribbean Cruises Ltd. (NYSE:RCL) on Wednesday, August 29 to “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, April 19. The company was maintained on Wednesday, April 25 by Susquehanna. The company was maintained on Friday, April 27 by Stifel Nicolaus. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) has “Buy” rating given on Monday, September 24 by Stifel Nicolaus. Morgan Stanley maintained Royal Caribbean Cruises Ltd. (NYSE:RCL) on Tuesday, June 5 with “Equal-Weight” rating. The firm has “Neutral” rating given on Wednesday, September 26 by Bank of America.

Royal Caribbean Cruises Ltd. operates as a cruise company. The company has market cap of $24.88 billion. The firm operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brand names. It has a 14.81 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 news for Royal Caribbean Cruises Ltd. (NYSE:RCL) were recently published by: Seekingalpha.com, which released: “Cruise line sector trades weak after Carnival guidance disappoints” on September 27, 2018. Seekingalpha.com‘s article titled: “Royal Caribbeans adds to Silverseas fleet” and published on October 08, 2018 is yet another important article.

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

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