Royal Caribbean Group (NYSE: RCL) has reported E.P.S. of $3.32 for its second fiscal quarter (ending June 30) versus $1.79 for the same period a year ago — an increase of 85%. This performance was $0.58 better than the consensus estimate of $2.74. For the latest four quarters through June 30, E.P.S. were $9.75 compared to $-0.22 a year ago.
Recent Price Action
Royal Caribbean Group (NYSE: RCL) stock suffered a large decline of -7.6% on 7/25/24. The stock closed at $152.02. Moreover, this decline was accompanied by exceptionally high trading volume at 310% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, RCL is expected to continue to be a major Value Builder.
Royal Caribbean Group has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Royal Caribbean Group has a slightly positive Appreciation Score of 64 and a very high Power Rating of 91, triggering the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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