The price of Carnival Corp (NYSE:CCL) shares last traded on Wall Street rose 6.07% to $23.60.
CCL stock price is now 18.47% away from the 50-day moving average and 9.52% away from the 200-day moving average. The market capitalization of the company currently stands at $30.63B.
With the price target maintained at $24, HSBC Securities recently Upgraded its rating from Reduce to Hold for Carnival Corp (NYSE: CCL). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Bernstein David, CFO & CAO sold 105,010 shares of the company’s stock on May 15 ’25. The stock was sold for $2,398,533 at an average price of $22.84. Upon completion of the transaction, the CFO & CAO now directly owns 140,053 shares in the company, valued at $3.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, Officer Bernstein David bought 105,010 shares of the business’s stock. A total of $2,414,180 was incurred on buying the stock at an average price of $22.99. A total of 17.89% of the company’s stock is owned by insiders.
During the past 12 months, Carnival Corp has had a low of $13.78 and a high of $28.72. As of last week, the company has a debt-to-equity ratio of 3.09, a current ratio of 0.23, and a quick ratio of 0.18.
The net profit margin was 8.07% and return on equity was 25.87% for CCL. The company reported revenue of $5.81 billion for the quarter, compared to $5.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.47 percent. For the current quarter, analysts expect CCL to generate $6.2B in revenue.
