Carnival Co. & (NYSE:CCL) Given New $33.00 Price Target at Mizuho

Carnival Co. & (NYSE:CCL) had its price target hoisted by Mizuho from $32.00 to $33.00 in a research report released on Monday,Benzinga reports. Mizuho currently has an outperform rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley increased their price target on Carnival Co. & from $20.00 to $22.00 and gave the company an “underweight” rating in a research note on Wednesday, January 8th. Loop Capital cut their target price on shares of Carnival Co. & from $25.00 to $21.00 and set a “hold” rating for the company in a research note on Monday. Wells Fargo & Company upped their price target on shares of Carnival Co. & from $25.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Truist Financial raised their price objective on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Finally, The Goldman Sachs Group boosted their price objective on Carnival Co. & from $24.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, Carnival Co. & currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.94.

Carnival Co. & Stock Down 1.6 %

Carnival Co. & stock opened at $20.92 on Monday. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. Carnival Co. & has a 1-year low of $13.78 and a 1-year high of $28.72. The company has a fifty day simple moving average of $23.99 and a 200 day simple moving average of $23.10. The company has a market cap of $24.35 billion, a P/E ratio of 15.05, a price-to-earnings-growth ratio of 0.73 and a beta of 2.66.

Carnival Co. & (NYSE:CCL) last announced its quarterly earnings data on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. The company had revenue of $5.81 billion for the quarter, compared to analysts’ expectations of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.14) EPS. Research analysts anticipate that Carnival Co. & will post 1.77 earnings per share for the current fiscal year.

Institutional Trading of Carnival Co. &

Several large investors have recently bought and sold shares of the company. Hartford Investment Management Co. increased its stake in shares of Carnival Co. & by 0.6% in the 4th quarter. Hartford Investment Management Co. now owns 64,231 shares of the company’s stock worth $1,601,000 after acquiring an additional 387 shares in the last quarter. Prestige Wealth Management Group LLC boosted its position in Carnival Co. & by 23.1% in the fourth quarter. Prestige Wealth Management Group LLC now owns 2,173 shares of the company’s stock worth $54,000 after purchasing an additional 408 shares during the last quarter. Avidian Wealth Enterprises LLC grew its position in Carnival Co. & by 4.6% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 10,698 shares of the company’s stock valued at $267,000 after buying an additional 468 shares during the period. Sound View Wealth Advisors Group LLC grew its position in shares of Carnival Co. & by 3.3% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 14,917 shares of the company’s stock valued at $372,000 after acquiring an additional 475 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its position in Carnival Co. & by 1.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 49,108 shares of the company’s stock worth $1,224,000 after buying an additional 521 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

About Carnival Co. &

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.