Cruise Stocks Are Still a Buy Despite This Deadly Hurricane Season

Cruise Stocks Are Still a Buy Despite This Deadly Hurricane Season

Cruise Stocks Are Still a Buy Despite This Deadly Hurricane Season

Raymond James And Assoc invested in 31,850 shares. Advisors Preferred LLC purchased a new stake in shares of Royal Caribbean Cruises in the first quarter valued at approximately $103,000. The stock has "Buy" rating by Buckingham Research on Wednesday, August 2. Invesco Ltd invested in 0% or 844,383 shares. About 4,155 shares traded. Morse Asset Management Inc lifted its position in shares of Royal Caribbean Cruises by 0.7% in the second quarter. Ww Asset Mgmt Incorporated invested in 15,673 shares or 0.05% of the stock. The State Board Of Administration Of Florida Retirement System holds 6.06 million shares with $546.61 million value, up from 6.05 million last quarter. The company was maintained on Wednesday, August 2 by Nomura. The stock was sold at an average price of $75.93, for a total transaction of $577,068.00. Commonwealth Equity Services owns 14,556 shares. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The stock was unloaded at a price range of of $109.62, amounting $2,192,400.00. Citigroup owns 1,000 shares. The disclosure for this sale can be found here. It turned negative, as 31 investors sold OCLR shares while 56 reduced holdings. Insiders own 16.80% of the company's stock.

RCL has been the subject of a number of analyst reports.

Cruise ships are heading for storm-ravaged islands in the Caribbean to help with rescue efforts. Due to Hurricane Irma, the ship has been forced to extend its sailing and will be returning to Port Canaveral a few days late. Nomura maintained the shares of RCL in report on Wednesday, August 2 with "Buy" rating. Wedbush reissued an outperform recommendation and given a $129.00 target price (up from $125.00) on stocks of Royal Caribbean Cruises in a note on Tue, Aug 8th. Goldman Sachs Group, Inc. (NYSE:RCL), 15 have Buy rating, 1 Sell and 5 Hold. The correct version of this news story can be read at https://www.truebluetribune.com/2017/09/10/robeco-institutional-asset-management-b-v-has-4-77-million-position-in-royal-caribbean-cruises-ltd-rcl.html. Recently, investment analysts covering the stock have updated the mean rating to 1.7.

On a similar note, analysts expect EPS of $0.44 in September 2017 quarter and $0.43 in December 2017 quarter, representing -2.22% and 22.86% growth, respectively. The company had a trading volume of 1,535,352 shares. The corporation has a market cap of US$2.05 Billion. The company has a 50-day moving average of $118.68 and a 200 day moving average of $107.80. Royal Caribbean Cruises Ltd Co now has $25.22 billion valuation. Johnson Counsel has invested 0.01% in Royal Caribbean Cruises Ltd (NYSE:RCL). Royal Caribbean Cruises's payout ratio is now 26.97%. The business's quarterly revenue was up 1.6% on a year-over-year basis. The firm's revenue for the quarter was up 4.3% compared to the same quarter previous year. Equities research analysts forecast that Royal Caribbean Cruises Ltd. will post $7.44 earnings per share for the current fiscal year. CUBA's SI was 1,200 shares in September as released by FINRA. Royal Caribbean Cruises's payout ratio is presently 26.97%.

According to Financial Times, The 18 analysts offering 12 month price targets for Royal Caribbean Cruises Ltd have a median target of 128.50, with a high estimate of 149.00 and a low estimate of 114.00. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises.

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