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

October 13, 2018 - By Michael Collier

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 dropped, 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.
Shellback Cap L P has 315,800 shares for 2.39% of their portfolio. Us Bank De has invested 0.02% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL). Bessemer Gp invested 0% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Federated Investors Pa holds 0.1% of its portfolio in Royal Caribbean Cruises Ltd. (NYSE:RCL) for 342,416 shares. Retirement System Of Alabama owns 124,430 shares for 0.06% of their portfolio. The New York-based Global X Company Ltd Limited Liability Company has invested 0.01% in Royal Caribbean Cruises Ltd. (NYSE:RCL). Fmr Lc invested in 5.86M shares or 0.07% of the stock. Fincl Bank Of America Corporation De holds 423,563 shares or 0.01% of its portfolio. Royal Savings Bank Of Canada, a Ontario – Canada-based fund reported 182,109 shares. Ajo Limited Partnership holds 0.02% or 33,671 shares. Cubist Systematic Strategies Ltd Company owns 26,863 shares for 0.14% of their portfolio. California State Teachers Retirement System accumulated 0.06% or 285,733 shares. Strategic Global Ltd Liability Corporation owns 3,514 shares or 0.11% of their US portfolio. Teacher Retirement Sys Of Texas has invested 0.04% in Royal Caribbean Cruises Ltd. (NYSE:RCL). 7,400 are owned by Thomas White International Ltd.

Since April 13, 2018, it had 0 insider purchases, and 3 sales for $5.13 million activity. On Friday, April 13 the insider Fain Richard D sold $2.30 million.

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 1.26M 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. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Buy” rating by Stifel Nicolaus on Monday, September 24. The firm earned “Buy” rating on Wednesday, August 29 by Deutsche Bank. As per Wednesday, September 26, the company rating was maintained by Bank of America. The firm has “Buy” rating by Susquehanna given on Wednesday, April 25. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, September 6. As per Friday, August 17, the company rating was maintained by Citigroup. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Buy” rating by Stifel Nicolaus on Thursday, April 19. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, July 24 report. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, June 5. The firm has “Overweight” rating given on Friday, June 15 by JP Morgan.

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: “Royal Caribbeans adds to Silverseas fleet” on October 08, 2018. Seekingalpha.com‘s article titled: “Cruise line sector trades weak after Carnival guidance disappoints” and published on September 27, 2018 is yet another important article.

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

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