Carnival Stock Today

CCL
 Stock
  

USD 10.33  0.22  2.09%   

Market Performance
0 of 100
Odds Of Distress
Over 55
Carnival Corp is selling for 10.33 as of the 29th of June 2022. This is a -2.09 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.31. Carnival Corp has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Carnival Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 29th of June 2022. Please note, there could be an existing legal relationship between Carnival Corp (CCL) and CARNIVAL CORP (POC). Click here to learn more.
CUSIP
143658102
Fiscal Year End
November
Business Domain
Consumer Services
IPO Date
24th of July 1987
Category
Consumer Cyclical
Classification
Consumer Discretionary
ISIN
PA1436583006
Carnival Corporation plc operates as a leisure travel company. Carnival Corporation plc was founded in 1972 and is headquartered in Miami, Florida. Carnival Corp operates under Travel Services classification in the United States and is traded on New York Stock Exchange. The company has 981.05 M outstanding shares of which 96.24 M shares are currently shorted by investors with about 2.95 days to cover. More on Carnival Corp

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Carnival Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Carnival Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Carnival Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Carnival Corp generated a negative expected return over the last 90 days
Carnival Corp has high historical volatility and very poor performance
Carnival Corp has high likelihood to experience some financial distress in the next 2 years
The company has 36.23 B in debt with debt to equity (D/E) ratio of 3.51, meaning that the company heavily relies on borrowing funds for operations. Carnival Corp has a current ratio of 0.73, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Carnival Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Carnival Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carnival Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carnival to invest in growth at high rates of return. When we think about Carnival Corp's use of debt, we should always consider it together with cash and equity.
The entity reported the last year's revenue of 3.5 B. Reported Net Loss for the year was (9.42 B) with loss before taxes, overhead, and interest of (809 M).
Carnival Corp has about 6.93 B in cash with (3.82 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.89.
Carnival Corp has a poor financial position based on the latest SEC disclosures
Latest headline from www.fool.com: What Is Going Wrong With Carnival Stock - The Motley Fool
ESG SustainabilitySome studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Carnival Corp's sustainability indicators can be used to identify a proper investment strutegies using environmental, social, and governance scores that are crucial to Carnival Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Related EntityPOC (CARNIVAL CORP)
CEOMichael Thamm
SEC FilingsCarnival Corp Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Carnival Corp report their recommendations after researching Carnival Corp's financial statements, talking to executives and customers, or listening in on Carnival Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Carnival Corp. The Carnival consensus assessment is calculated by taking the average forecast from all of the analysts covering Carnival Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Carnival Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Carnival Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares1.2 B1.3 B
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations(3.8 B)(3.7 B)
Fairly Down
Decreasing
Slightly volatile
Total Assets57.1 B61.3 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities51.1 B47.4 B
Significantly Up
Increasing
Slightly volatile
Current Assets12.6 B11.7 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities10.9 B12 B
Significantly Down
Increasing
Slightly volatile
Total Debt42.9 B39.8 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets(0.16)(0.16)
Steady
Decreasing
Slightly volatile
Gross Margin(1.05)(1.02)
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.03230.0315
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Carnival Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Carnival Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Carnival Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Carnival Corp's financial leverage. It provides some insight into what part of Carnival Corp's total assets is financed by creditors.
Share Download
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Carnival Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Carnival Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Carnival Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 36.23 B in debt with debt to equity (D/E) ratio of 3.51, meaning that the company heavily relies on borrowing funds for operations. Carnival Corp has a current ratio of 0.73, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Carnival Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Carnival Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carnival Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carnival to invest in growth at high rates of return. When we think about Carnival Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(3.8 Billion)Share
Carnival Corp (CCL) is traded on New York Stock Exchange in USA. It is located in Carnival Place and employs 40,000 people. Carnival Corp is listed under Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 12.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Carnival Corp's market, we take the total number of its shares issued and multiply it by Carnival Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Carnival Corp runs under Consumer Cyclical sector within Travel Services industry. The entity has 981.05 M outstanding shares of which 96.24 M shares are currently shorted by investors with about 2.95 days to cover. Carnival Corp has about 6.93 B in cash with (3.82 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.89.
Check Carnival Corp Probability Of Bankruptcy
Ownership
Carnival Corp holds a total of nine hundred eighty-one million fifty thousand outstanding shares. Over half of Carnival Corp outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Carnival Corp. Please watch out for any change in the institutional holdings of Carnival Corp as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Carnival Ownership Details

Carnival Stock Price Odds Analysis

What are Carnival Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Carnival Corp jumping above the current price in 90 days from now is about 91.72%. The Carnival Corp probability density function shows the probability of Carnival Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.3755 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Carnival Corp will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Carnival Corp is significantly underperforming DOW.
  Odds Below 10.33HorizonTargetOdds Above 10.33
8.25%90 days
 10.33 
91.72%
Based on a normal probability distribution, the odds of Carnival Corp to move above the current price in 90 days from now is about 91.72 (This Carnival Corp probability density function shows the probability of Carnival Stock to fall within a particular range of prices over 90 days) .

Carnival Corp Historical Income Statement

Carnival Corp Income Statement is one of the three primary financial statements used for reporting Carnival's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Carnival Corp revenue and expense. Carnival Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Carnival Corp Cost of Revenue is relatively stable at the moment as compared to the past year. The company's current value of Cost of Revenue is estimated at 3.75 Billion. Interest Expense is expected to hike to about 2 B this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (7.3 B). View More Fundamentals

Carnival Stock Against Markets

Picking the right benchmark for Carnival Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Carnival Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Carnival Corp is critical whether you are bullish or bearish towards Carnival Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Carnival Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Carnival Corp Corporate Directors

Carnival Corp corporate directors refer to members of a Carnival Corp board of directors. The board of directors generally takes responsibility for the Carnival Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Carnival Corp's board members must vote for the resolution. The Carnival Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Randall Weisenburger - Non-Executive Independent DirectorProfile
Jeffrey Gearhart - Non-Executive Independent DirectorProfile
John Parker - Non-Executive Independent DirectorProfile
Richard Glasier - Non-Executive Independent DirectorProfile

Investing Carnival Corp

You need to understand the risk of investing before taking a position in Carnival Corp. The danger of trading Carnival Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Carnival Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Carnival Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Carnival Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Carnival Corp information on this page should be used as a complementary analysis to other Carnival Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Carnival Corp price analysis, check to measure Carnival Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carnival Corp is operating at the current time. Most of Carnival Corp's value examination focuses on studying past and present price action to predict the probability of Carnival Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Carnival Corp's price. Additionally, you may evaluate how the addition of Carnival Corp to your portfolios can decrease your overall portfolio volatility.
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Is Carnival Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carnival Corp. If investors know Carnival will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carnival Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.14
Market Capitalization
12.4 B
Quarterly Revenue Growth YOY
61.42
Return On Assets
-0.0707
Return On Equity
-0.63
The market value of Carnival Corp is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival Corp's value that differs from its market value or its book value, called intrinsic value, which is Carnival Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carnival Corp's market value can be influenced by many factors that don't directly affect Carnival Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carnival Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Carnival Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.