Daily

Analyst Consensus EPS Watch for Royal Caribbean Cruises Ltd. (NYSE:RCL)

Taking a look at the current quarter EPS consensus estimate for Royal Caribbean Cruises Ltd. (NYSE:RCL), we can see that the number is standing at 4.31. This estimate is comprised of 13 contributing analysts polled by Zacks Research. For the last reporting period, the company reported a quarterly EPS of 2.54. Professional Wall Street analysts have the job of analyzing companies and giving their opinions and estimates relating to future results. A large amount of weight is placed on analyst estimates, and earnings beats or misses revolve around these analyst projections. Sometimes these estimates are spot on, and other times they are not. When a company announces actual earnings results, the surprise factor can cause a stock to move sharply. If a company beats estimates and posts a positive earnings surprise, the stock may see a near-term jump in price. Conversely, a negative surprise may send the stock downward. Many investors will choose to be cautious around earnings releases and wait to make a move until after the dust has settled.  

Doing the proper research can go a long way when preparing to enter the stock market. Professional investors typically make sure that all the necessary research is completed when making crucial decisions. Of course, all the research in the world cannot guarantee success in the markets, but it can help to keep the investor one step ahead of the class. Understanding how the stock market functions can help the investor gain the confidence to start conquering the terrain. Building confidence in investing decisions can play a big part in the future success of the individual’s portfolio.                                                        

Watching stock price activity for Royal Caribbean Cruises Ltd. (NYSE:RCL), we have spotted shares trading close to the 111.68 level. Investors will often monitor stock price levels relative to its 52-week high and low marks. The 52-week high is currently 132.14, and the 52-week low is presently 89.48. When a stock price is nearing the 52-week high or 52-week low, investors may closely follow activity to watch for a breach. Over the past 12 weeks, shares have moved -6.31%. Moving back to the start of the year, we can see that shares have changed 14.2%. Zooming in to the past 4 weeks, shares have seen a change of 4.34%. Over the last week, the stock has moved -1.4%.

Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!

This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…

You will also receive a free, weekly newsletter to stay on top of the latest industry trends, read analysis on promising cannabis stocks, and more. Click here to receive your Free Report immediately!

Focusing in on analyst opinions, we note that the current average broker recommendation on shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) is presently 1.62. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock. Based on sell-side analysts polled by Zacks Research, 9 have rated the stock a Strong Buy or Buy.

Equity analysts will routinely provide stock price target projections. Many investors are highly interested in where the analysts view the stock heading in the future. Presently, analysts polled by Zacks Research have set a consensus target price of $142.33 on shares of Royal Caribbean Cruises Ltd. (NYSE:RCL). Price target estimates can be calculated using different methods, and they may vary depending on the individual analyst. A thoroughly researched analyst report will typically provide detailed reasoning for a specific target price estimate. Some investors may track analyst targets very closely and use the data to complement their own stock analysis.

There are plenty of various strategies to employ when deciding which stocks to buy. These different strategies may be super simple or highly complex. Although there is no one plan that will magically create instant profits, having a plan in place will most likely benefit the investor immensely. One way to examine shares is by following fundamental data. Essentially, fundamental study involves viewing the health of a particular company by studying company financials. Many investors will closely study the balance sheet to see how profitable the company has been and try to figure out future performance. Investors may choose to compare companies that share the same sector in order to get a truer sense of how it stacks up to the competition.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

*