Carnival Corporation Flourishes with 78 Rating from InvestorsO in Consumer Cyclicals Sector
August 10, 2023
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Carnival Corporation ($NYSE:CCL), a global cruise line company, is flourishing with an impressive rating of 78 from InvestorsO in the Consumer Cyclicals sector. Over the years, the corporation has seen consistent growth and is now the largest cruise line in the world. The company continues to focus on providing excellent customer experiences while expanding its portfolio of cruise brands and destinations. Furthermore, Carnival Corporation is committed to delivering value to its shareholders through innovative strategies and financial discipline. In recent years, Carnival Corporation has made significant investments in sustainability, safety and security, customer service initiatives and other areas of its operations.
The company is also investing in digital transformation to enhance the customer experience. These investments have helped Carnival Corporation achieve outstanding ratings from InvestorsO and have made it one of the premier players in the consumer cyclical sector. With its strong performance, Carnival Corporation is well-positioned to continue to bring joy to millions of travelers across the globe.
Share Price
Monday was a great day for CARNIVAL CORPORATION, as the stock opened at $17.4 and closed at $18.0, a rise of 5.1% from the previous closing price of 17.2. Analysts are optimistic that this trend of improvement will continue and that CARNIVAL CORPORATION will be able to build on this success in the coming weeks and months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Carnival Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 17.49k | -3.47k | -19.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Carnival Corporation. More…
| Operations | Investing | Financing |
| -70 | -4.77k | 3.58k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Carnival Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 51.87k | 46.01k | 4.5 |
Key Ratios Snapshot
Some of the financial key ratios for Carnival Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.3% | 2.2% | -8.5% |
| FCF Margin | ROE | ROA |
| -19.2% | -15.5% | -1.8% |
Analysis
At GoodWhale, we recently conducted an analysis of CARNIVAL CORPORATION‘s wellbeing. Our Star Chart shows that CARNIVAL CORPORATION has an intermediate health score of 4/10 with regard to its cashflows and debt, implying that it might be able to pay off debt and fund future operations. According to our classification, CARNIVAL CORPORATION is a ‘rhino’, a type of company we conclude that has achieved moderate revenue or earnings growth. This moderate growth may be appealing to value-oriented investors looking for stability and potential appreciation in the long run. CARNIVAL CORPORATION is strong in asset, medium in profitability and weak in dividend and growth. We believe these attributes may be appealing to investors who are looking for a balance of value and income. More…
Peers
Carnival Corporation is the world’s largest cruise line operator, with a combined fleet of over 125 ships across 10 cruise line brands. The company’s competitors include Norwegian Cruise Line Holdings Ltd, Royal Caribbean Group, and Carnival PLC. All three companies are based in Miami, Florida, and have a strong presence in the Caribbean cruise market.
– Norwegian Cruise Line Holdings Ltd ($NYSE:NCLH)
Norwegian Cruise Line Holdings Ltd. is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. With a combined total of 29 ships with approximately 59,150 berths, these brands offer itineraries to more than 510 destinations worldwide. The Company has a strong pipeline of ships under construction, including two new ships for Norwegian Cruise Line, one new ship for Regent Seven Seas Cruises and two new ships for Oceania Cruises.
– Royal Caribbean Group ($NYSE:RCL)
The company has a market cap of 12.38B as of 2022. The company’s ROE for the year was -53.73%. The company operates in the cruise line industry and offers cruise vacations to various destinations around the world.
– Carnival PLC ($LSE:CCL)
Carnival plc is a global cruise company and one of the largest vacation companies in the world. It has a market cap of 7.94B as of 2022 and a Return on Equity of -42.02%. The company operates a fleet of over 100 cruise ships across 10 cruise line brands, including Carnival Cruise Line, Princess Cruises, Holland America Line, and Costa Cruises. Carnival plc also owns a number of tour and travel companies, including Holland America Princess Alaska Tours, Princess Cruises’ North American tour operator, and Costa Cruises’ tour operator in Europe.
Summary
Carnival Corporation is a leading global leisure company operating in the cruise, maritime, and tour and travel industries. The stock has seen a steady increase in performance over the past year, with the most recent rating according to InvestorsO at 78, putting it near the top of the Consumer Cyclical sector. The stock price has also followed this trend, moving up the same day as the rating.
Investors have been pleased with Carnival’s strong financial position and its ability to generate consistent cash flow, which is expected to continue in the future. Carnival Corporation is therefore a solid investment option with good prospects for continued growth.
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