Alert: Positive Investment/Fundamental Signals (8/12/24)-Royal Caribbean Group (NYSE: RCL)

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Recent significant positive changes in fundamentals have benefitted Royal Caribbean Group (NYSE: RCL): the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

Royal Caribbean Group (NYSE: RCL) has benefited from meaningful positive changes in investment behavior: its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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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). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Royal Caribbean Group has a slightly positive Appreciation Score of 70 and a very high Power Rating of 96, leading to the Highest Value Trend Rating.

Recent Price Action

Royal Caribbean Group (NYSE: RCL) stock declined modestly by -1.2% on 8/12/24. The stock closed at $153.86. This decline was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months and has risen 10.8% during the last week.

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