Important positive changes in fundamentals have recently occurred for 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.
Significant positive changes in investment behavior have recently occurred for Royal Caribbean Group (NYSE: RCL): the stock’s recent price rise disrupted its longer term downtrend.
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.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Royal Caribbean Group has a good Appreciation Score of 70 and a very high Power Rating of 95, triggering the Highest Value Trend Rating.
Recent Price Action
Royal Caribbean Group (NYSE: RCL) stock closed at $162.15 on 9/11/24 after a large increase of 2.4%. However, trading volume in this advance was below average at 71% of normal. The stock has risen 1.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
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