Royal Caribbean Group (NYSE: RCL) has reported E.P.S. of $4.22 for its third fiscal quarter (ending September 30) versus $3.94 for the same period a year ago — an increase of 7%. E.P.S. were $10.07 for the latest four quarters through September 30 versus $3.59 for the same period a year ago — an increase of 181%.
Recent Price Action
On 10/29/24, Royal Caribbean Group (NYSE: RCL) stock enjoyed a large increase of 3.2%, closing at $210.10. Moreover, exceptionally high trading volume at 234% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.1% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Royal Caribbean Group has a slightly positive Appreciation Score of 62 and a very high Power Rating of 93, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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