에 대한 최신 뉴스 Royal Caribbean Gr (NYSE:RCL) 주식

Royal Caribbean Gr

Royal Caribbean is the world's second-largest cruise company, operating 68 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021.

Analyst Color

Large Cap

Mid Cap

Price Target

Travel

Econ #s

NCLH

뱅크 오브 아메리카(Bank of America) 분석가들은 다가오는 실적 발표를 앞두고 크루즈 산업에 대해 낙관적인 전망을 표명하며 주가 상승 가능성을 예측했다.

뱅크 오브 아메리카: 크루즈 라인 주식에 대한 전망 상향, &#39;항공사 추세로부터 더 격리&#39;

Earnings

Equities

카니발 코퍼레이(NYSE:CCL)은 화요일 예상치를 크게 웃도는 2분기 실적을 발표한 후 8% 이상 상승하며, 2024년 최고의 일일 상승폭을 기록했다. 골드만삭스의 분석가 리지 도브(Lizzie Dove)는 이 크루즈 라인 기업의 2분기 실적과 3분기 지침이 &#34;투자자들이 찾고 있던 주요 지표에 도달&#34;하여 긍정적인 시장 반응을 이끌어냈다고 강조했다.

카니발: 강력한 2분기 실적과 지침 발표 이후 8% 이상 상승, 2024 최대 일일 상승폭 기록

Royal Caribbean Cruises Ltd. Common Stock

Royal Caribbean Group

RCL Foods Ltd

UBS analyst Robin Farley maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Buy and raises the price target from $168 to $183.

News

Analyst Ratings

UBS Maintains Buy on Royal Caribbean Gr, Raises Price Target to $183

Financial giants have made a conspicuous bearish move on Royal Caribbean Gr. Our analysis of options history for Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) revealed 9 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $245,906, and 5 were calls, valued at $244,035.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $210.0 for Royal Caribbean Gr over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Royal Caribbean Gr stands at 200.22, with a total volume reaching 575.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Royal Caribbean Gr, situated within the strike price corridor from $100.0 to $210.0, throughout the last 30 days.
<h3>Royal Caribbean Gr 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722369658_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$8.4</td>
<td>$8.3</td>
<td>$8.3</td>
<td>$155.00</td>
<td>$104.5K</td>
<td style="text-align: right;">309</td>
<td style="text-align: right;">127</td>
</tr>
<tr>
<td>RCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$16.25</td>
<td>$15.8</td>
<td>$15.8</td>
<td>$155.00</td>
<td>$80.5K</td>
<td style="text-align: right;">128</td>
<td style="text-align: right;">53</td>
</tr>
<tr>
<td>RCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$13.4</td>
<td>$13.2</td>
<td>$13.2</td>
<td>$160.00</td>
<td>$72.6K</td>
<td style="text-align: right;">181</td>
<td style="text-align: right;">68</td>
</tr>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$3.85</td>
<td>$3.65</td>
<td>$3.85</td>
<td>$157.50</td>
<td>$53.8K</td>
<td style="text-align: right;">197</td>
<td style="text-align: right;">141</td>
</tr>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$11.2</td>
<td>$10.0</td>
<td>$10.0</td>
<td>$135.00</td>
<td>$50.0K</td>
<td style="text-align: right;">25</td>
<td style="text-align: right;">50</td>
</tr>
</tbody>
</table>

<h3>About Royal Caribbean Gr</h3>
Royal Caribbean is the world's second-largest cruise company, operating 65 ships across five global and partner brands in the cruise vacation industry, with eight more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.
<h3>Royal Caribbean Gr's Current Market Status</h3>
<ul>
<li>With a volume of 1,805,112, the price of RCL is up 1.1% at $156.84. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 86 days.</li>
</ul>
<h3>What Analysts Are Saying About Royal Caribbean Gr</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $191.4.
<ul>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Royal Caribbean Gr with a target price of $185. </li>
<li>An analyst from B of A Securities has decided to maintain their Neutral rating on Royal Caribbean Gr, which currently sits at a price target of $172. </li>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Royal Caribbean Gr, targeting a price of $210. </li>
<li>An analyst from Barclays has decided to maintain their Overweight rating on Royal Caribbean Gr, which currently sits at a price target of $195. </li>
<li>Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Royal Caribbean Gr, targeting a price of $195. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Royal Caribbean Gr, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Unpacking the Latest Options Trading Trends in Royal Caribbean Gr

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Keefe, Bruyette &amp; Woods cut Principal Financial Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NYSE">PFG</a>) price target from $88 to $86. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58da738bb85e9300014639dd/ryan-krueger">Keefe, Bruyette &amp; Woods analyst Ryan Krueger</a> maintained a Market Perform rating. Principal Financial shares closed at $81.43 on Monday. <a href="https://www.benzinga.com/quote/PFG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan raised the price target for Hologic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>) from $91 to $95. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6363d9392048c30001610cbe/casey-woodring">JP Morgan analyst Casey Woodring</a> maintained an Overweight rating. Hologic shares closed at $79.64 on Monday. <a href="https://www.benzinga.com/quote/HOLX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital boosted the price target for F5, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>) from $182 to $205. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5880b6f377f9dd00011b0ab2/matthew-hedberg">RBC Capital analyst Matthew Hedberg</a> maintained a Sector Perform rating. F5 shares closed at $177.59 on Monday. <a href="https://www.benzinga.com/quote/FFIV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities boosted the price target for Varonis Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) from $55 to $60.<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/57fdefd3ac6af40001334e3e/joel-fishbein"> Truist Securities analyst Joel Fishbein</a> reiterated a Buy rating. Varonis shares closed at $48.49 on Monday. <a href="https://www.benzinga.com/quote/VRNS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo boosted Universal Health Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>) price target from $200 to $255. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6062fb3160c58c00018c213e/stephen-baxter">Wells Fargo analyst Stephen Baxter</a> maintained an Overweight rating. Universal Health shares closed at $217.43 on Monday. <a href="https://www.benzinga.com/quote/UHS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Benchmark increased the price target for ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) from $80 to $90. <a href="https://widgets.benzinga.com/analyst-stock-ratings/analyst/60216a57879cba00010f246b/david-williams">Benchmark analyst David Williams</a> maintained a Buy rating. ON Semiconductor shares closed at $78.27 on Monday. <a href="https://www.benzinga.com/quote/ON/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Susquehanna increased Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) price target from $160 to $180.<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e99cf3ed89aa400014fa918/christopher-stathoulopoulos"> Susquehanna analyst Christopher Stathoulopoulos</a> maintained a Positive rating. Royal Caribbean Cruises shares closed at $155.14 on Monday. <a href="https://www.benzinga.com/quote/RCL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays boosted Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) price target from $480 to $505. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5ae1f1fb1fe0110001f9176e/david-strauss">Barclays analyst David Strauss </a>maintained an Equal-Weight rating. Lockheed Martin shares closed at $527.64 on Monday. <a href="https://www.benzinga.com/quote/LMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham raised Amkor Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>) price target from $40 to $45. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/60ed6112b473c600014bf1c9/charles-shi">Needham analyst Charles Shi</a> maintained a Buy rating. Amkor Technology shares closed at $37.60 on Monday. <a href="https://www.benzinga.com/quote/AMKR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays boosted GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) price target from $175 to $200. <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/585808edee7bf60001bcfa26/julian-mitchell">Barclays analyst Julian Mitchell</a> maintained an Overweight rating. GE Aerospace shares closed at $169.87 on Monday. <a href="https://www.benzinga.com/quote/GE/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Macquarie analyst Paul Golding maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Outperform and raises the price target from $165 to $189.

Macquarie Maintains Outperform on Royal Caribbean Gr, Raises Price Target to $189

Providing a diverse range of perspectives from bullish to bearish, 15 analysts have published ratings on Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) in the last three months.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $182.4, a high estimate of $210.00, and a low estimate of $145.00. Observing a 11.85% increase, the current average has risen from the previous average price target of $163.07. 
<img src="https://www.benzinga.com/files/images/story/2024/1722348071_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A comprehensive examination of how financial experts perceive Royal Caribbean Gr is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$180.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$195.00</td>
<td>$168.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$195.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$210.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Andrew Didora</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$172.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Steven Wieczynski</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$200.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Lizzie Dove</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$195.00</td>
<td>$170.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$185.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Greg Badishkanian</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$204.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$175.00</td>
<td>$173.00</td>
</tr>
<tr>
<td>John Staszak</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$172.00</td>
<td>$161.00</td>
</tr>
<tr>
<td>Patrick Scholes</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$175.00</td>
<td>$151.00</td>
</tr>
<tr>
<td>Daniel Politzer</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$159.00</td>
</tr>
<tr>
<td>Robin Farley</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$168.00</td>
<td>$154.00</td>
</tr>
<tr>
<td>Andrew Didora</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$145.00</td>
<td>$135.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Royal Caribbean Gr. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Royal Caribbean Gr compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Royal Caribbean Gr's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Royal Caribbean Gr's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RCL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Royal Caribbean Gr analyst ratings.</a>
<h2>Delving into Royal Caribbean Gr's Background</h2>
Royal Caribbean is the world's second-largest cruise company, operating 65 ships across five global and partner brands in the cruise vacation industry, with eight more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.
<h3>Royal Caribbean Gr's Economic Impact: An Analysis</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Royal Caribbean Gr showcased positive performance, achieving a revenue growth rate of 16.66% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Royal Caribbean Gr's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 20.78% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Royal Caribbean Gr's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.31% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Royal Caribbean Gr's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.37% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Royal Caribbean Gr's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.62.
<h2>The Basics of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Royal Caribbean Gr Stands With Analysts

Susquehanna analyst Christopher Stathoulopoulos maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Positive and raises the price target from $160 to $180.

Susquehanna Maintains Positive on Royal Caribbean Gr, Raises Price Target to $180

Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) (the &quot;Company&quot;) today announced that it has priced its private offering of&nbsp;$2.0&nbsp;billion aggregate principal amount of&nbsp;6.000%&nbsp;senior unsecured notes due 2033 (the &quot;Notes&quot;). The aggregate principal amount of Notes to be issued was increased from the previously announced offering size of&nbsp;$1.5 billion. The Notes will mature on&nbsp;February 1, 2033. The Notes are expected to be issued on or around&nbsp;August 12, 2024, subject to customary closing conditions

Reported Monday, Royal Caribbean Prices Upsized $2B Offering Of 6.000% Senior Unsecured Notes Due 2033 To Refinance Certain Series Of Its Senior Notes Due 2029

Mohawk Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mhk#NYSE">MHK</a>) reported mixed results for the second quarter of 2024 (ended Jun 29). Its earnings surpassed the Zacks Consensus Estimate and improved year over year. It reported an earnings beat in each of the trailing six quarters.
On the other hand, net sales declined on a year-over-year basis and missed the consensus mark.
The softness in the top line was driven by the ongoing inflationary conditions and market uncertainties that consumers are facing globally. These factors induced uncertainty among consumers regarding discretionary spending, thus affecting the sales volume. Also, the company&#39;s flooring remodeling is trapped under the pressures of elevated mortgage rates, higher home prices and the locked-in effect on homeowners. Although its commercial channel is faring well, MHK remains concerned about its residential purchases across its geographies, given the aforementioned headwinds.
That said, the bottom line gained due to the company&#39;s effective implementation of its productivity initiatives and restructuring actions as well as lower energy and material costs, partially offset by the market pressure on pricing, mix and foreign exchange headwinds. Given the current market backdrop, the company is primarily focusing on controllable factors including sales initiatives, cost containment and restructuring actions to continue its growth streak.
Through operational efficiencies and strategic restructuring actions, the company aims to generate annualized savings of $100 million, of which $20-$25 million will be recognized in 2024.
Shares of this leading global flooring manufacturer gained 11.5% in the after-hours trading session on Jul 25.
<h3>Inside the Numbers</h3>
Mohawk reported adjusted earnings per share of $3.00, which topped the Zacks Consensus Estimate of $2.76 by 8.7%. The metric also increased 8.7% year over year.
<div class="chart_embed">
<h3>Mohawk Industries, Inc. Price, Consensus and EPS Surprise</h3>
<img alt="Mohawk Industries, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/aa/1722001186.png" style="height:265px; width:591px" title="" />
Mohawk Industries, Inc. price-consensus-eps-surprise-chart | Mohawk Industries, Inc. Quote
Net sales of $2.8 billion missed the consensus estimate of $2.84 billion by 1.5% and decreased 5.1% from the year-ago figure of $2.95 billion. On an adjusted basis, net sales were down 4.5% year over year.
Adjusted gross margin was up 120 basis points (bps) year over year to 27.1%. Adjusted selling, general and administrative expenses, as a percent of net sales, rose 30 bps to 17.9% from the year-ago period. Adjusted operating margin also expanded 90 bps to 9.2% from 8.3% a year ago.
</div>
<h3>Segment Details</h3>
Global Ceramic: Sales in the segment totaled $1.115 billion, down 3.4% year over year and 2.9% on an adjusted basis. Adjusted net sales were $1.121 billion. Adjusted operating income decreased to $94.8 million from $99.1 million a year ago. The segment&#39;s adjusted operating margin declined to 8.5% from 8.6% a year ago.
Flooring North America: Net sales at the segment amounted to $958.5 million, down 4.3% year over year. The segment registered an adjusted operating profit of $82 million, significantly up from $60.6 million reported in the prior-year period. Adjusted operating margin was 8.6%, up from 6% a year ago.
Flooring Rest of the World: Net sales in the segment decreased 8.3% year over year to $727.2 million. On an adjusted basis, sales were down 7% from the year-ago level. Adjusted net sales were $737.6 million. Adjusted operating income was $91.4 million, down from $96.4 million reported a year ago. That said, the segment&#39;s adjusted operating margin was 12.6%, up from 12.2% in the year-ago period.
<h3>Financial Highlights</h3>
As of Jun 29, 2024, Mohawk had cash and cash equivalents of $497.4 million compared with $570.9 million as of Jul 1, 2023. The long-term debt, less the current portion, was $1.69 billion, down from $2.01 billion at the end of the second quarter of 2023.
At the end of the second quarter, the company generated a free cash flow of $142.2 million, down from $146.9 million a year ago.
<h3>Zacks Rank &amp; Recent Consumer Discretionary Releases</h3>
Mohawk currently carries a Zacks Rank #4 (Sell).
Hasbro, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/has#NASDAQ">HAS</a>) reported second-quarter fiscal 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate. Despite a year-over-year revenue decline, earnings increased on the back of a favorable business mix and improved operations.
Net revenues from the Consumer Products and Entertainment segment decreased 20% year over year to $524.5 million and 90% year over year to $18.8 million, respectively. Nonetheless, Wizards of the Coast and Digital Gaming segment&#39;s revenues totaled $452 million, up 20% from $375.6 million in the year-ago quarter. The upside was driven by a higher digital licensing revenue mix and lower royalty expenses.
Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) reported impressive second-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The bottom and top lines increased on a year-over-year basis. RCL benefited from stronger pricing on close-in demand and continued strength in onboard revenues.
RCL is focused on driving strong shareholder returns by delivering a lifetime of vacations and capturing a larger share of the rapidly growing $1.9 trillion global vacation market. It focuses on disciplined expansion, moderate yield growth and cost control to achieve the same. Furthermore, during the quarter, the company achieved its Trifecta financial goals (18 months ahead of schedule), strengthened its balance sheet and reinstated dividends, thereby enhancing shareholders&#39; value.
Las Vegas Sands Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvs#NYSE">LVS</a>) reported lower-than-expected second-quarter 2024 results, with earnings and net revenues missing the Zacks Consensus Estimate. That said, the metrics grew on a year-over-year basis.
The quarterly results reflected continuous performance growth in Macao and Singapore, attributable to LVS&#39; committed investment opportunities undertaken to enhance the business and deliver top-tier customer experiences. Travel recovery and improving tourism spending are encouraging for the prospects in Macao, however, the fall in visitation levels from the pre-pandemic levels remains a concern.
<a href="https://www.zacks.com/stock/news/2310294/mohawk-s-mhk-shares-up-on-q2-earnings-beat-net-sales-miss?cid=CS-BENZ-FT-analyst_blog|earnings_article-2310294">To read this article on Zacks.com click here.</a>

Earnings Beats

Dividends

Mohawk's Shares Up on Q2 Earnings Beat, Net Sales Miss

Investors with a lot of money to spend have taken a bearish stance on Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with RCL, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Royal Caribbean Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 9% bullish and 72%, bearish.
Out of all of the options we uncovered, 10 are puts, for a total amount of $574,619, and there was 1 call, for a total amount of $40,800.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $145.0 to $170.0 for Royal Caribbean Gr over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Royal Caribbean Gr's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Royal Caribbean Gr's whale trades within a strike price range from $145.0 to $170.0 in the last 30 days. 
<h3>Royal Caribbean Gr Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722017779_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.8</td>
<td>$9.1</td>
<td>$9.75</td>
<td>$145.00</td>
<td>$118.9K</td>
<td style="text-align: right;">433</td>
<td style="text-align: right;">325</td>
</tr>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$11.75</td>
<td>$11.6</td>
<td>$11.68</td>
<td>$165.00</td>
<td>$80.4K</td>
<td style="text-align: right;">748</td>
<td style="text-align: right;">33</td>
</tr>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.6</td>
<td>$9.3</td>
<td>$9.55</td>
<td>$145.00</td>
<td>$74.6K</td>
<td style="text-align: right;">433</td>
<td style="text-align: right;">78</td>
</tr>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$11.75</td>
<td>$11.6</td>
<td>$11.68</td>
<td>$165.00</td>
<td>$71.3K</td>
<td style="text-align: right;">748</td>
<td style="text-align: right;">146</td>
</tr>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$11.65</td>
<td>$11.55</td>
<td>$11.6</td>
<td>$165.00</td>
<td>$49.9K</td>
<td style="text-align: right;">748</td>
<td style="text-align: right;">252</td>
</tr>
</tbody>
</table>

<h3>About Royal Caribbean Gr</h3>
Royal Caribbean is the world's second-largest cruise company, operating 65 ships across five global and partner brands in the cruise vacation industry, with eight more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.
After a thorough review of the options trading surrounding Royal Caribbean Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Royal Caribbean Gr</h3>
<ul>
<li>With a trading volume of 1,927,025, the price of RCL is up by 1.64%, reaching $154.52.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 90 days from now.</li>
</ul>
<h3>Expert Opinions on Royal Caribbean Gr</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $191.4.
<ul>
<li>Maintaining their stance, an analyst from Stifel continues to hold a Buy rating for Royal Caribbean Gr, targeting a price of $200. </li>
<li>An analyst from Goldman Sachs has decided to maintain their Buy rating on Royal Caribbean Gr, which currently sits at a price target of $195. </li>
<li>An analyst from Mizuho has decided to maintain their Outperform rating on Royal Caribbean Gr, which currently sits at a price target of $195. </li>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Royal Caribbean Gr with a target price of $195. </li>
<li>Consistent in their evaluation, an analyst from B of A Securities keeps a Neutral rating on Royal Caribbean Gr with a target price of $172. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Royal Caribbean Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

A Closer Look at Royal Caribbean Gr's Options Market Dynamics

Mizuho analyst Ben Chaiken maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Outperform and raises the price target from $168 to $195.

Mizuho Maintains Outperform on Royal Caribbean Gr, Raises Price Target to $195

Barclays analyst Brandt Montour maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Overweight and raises the price target from $185 to $195.

Barclays Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $195

WIIM

Royal Caribbean shares are trading lower following Q2 financial results.

Royal Caribbean Cruises Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) reported second-quarter FY24 sales growth of 16.6% year-on-year to $4.11 billion, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n39952786/royal-caribbean-group-reports-second-quarter-results-increases-full-year-guidance-and-reinstates-d" rel="noreferrer noopener">beating the analyst consensus estimate of $4.041 billion</a>.
Passenger ticket revenues rose 18.1% Y/Y to $2.89 billion compared to last year. Total cruise operating expenses were $2.15 billion versus $1.96 billion a year ago.&nbsp;
Gross Cruise Costs per Available Passenger Cruise Days (APCD) increased 4.9%. Gross margin yields increased 24.2% as-reported, and net yields increased 13.3% in constant currency.
Operating income for the quarter jumped 42.5% to $1.01 billion, with an operating margin of 26.7%. The occupancy rate in the quarter was 108.2% versus 105% last year. 
Adjusted EBITDA for the quarter was $1.55 billion, with a margin of 37.8%. Adjusted EPS of $3.21 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">beat the consensus estimate of $2.75</a>.
As of June 30, the group&#8217;s customer deposit balance was $6.2 billion. Royal Caribbean held $391 million in cash and equivalents as of June-end.
The company&#8217;s board of directors declared a quarterly dividend of $0.40 per share payable on October 11 to shareholders of record at the close of business on September 20
Royal Caribbean CEO Jason Liberty said, &#8220;Our momentum continues! We met our financial targets 18 months earlier than expected, have our balance sheet in a strong position, reinstated our dividend, and &#8230; we are just getting started.&#8221;
&#8220;Exceptional demand for our vacation experiences has accelerated our performance by generating significant yield growth over the past several years.&#8221;
Outlook: Royal Caribbean raised FY24 net yields growth outlook<a target="_blank" href="https://www.benzinga.com/news/24/04/38436136/royal-caribbean-cruises-through-q1-as-demand-and-pricing-remains-high" rel="noreferrer noopener"> from 9% &#8211; 10%</a> to 10.4% &#8211; 10.9% in constant currency.
RCL raised its FY24 adjusted EPS guidance from $10.70 – $10.90 to $11.35 &#8211; $11.45 against the consensus of $11.08.
The company sees third-quarter net yields to increase 6.5% to 7% in constant currency. RCL sees adjusted EPS of <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">$4.90 &#8211; $5.00 against the estimate of $4.76.</a>
Price Action: RCL shares are trading lower by 0.31% at $164 in premarket at the last check Thursday.
Image via Unsplash

Guidance

General

Royal Caribbean Cruises Ahead: Q2 Earnings Surge, Dividends Return, Solid Vacations Demand & More

Royal Caribbean Sees FY24 Adj. EPS $11.35-$11.45 vs $11.08 Est.

Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) reported quarterly earnings of $3.21 per share which beat the analyst consensus estimate of $2.75 by 16.73 percent. The company reported quarterly sales of $4.110 billion which beat the analyst consensus estimate of $4.041 billion by 1.71 percent. This is a 16.66 percent increase over sales of $3.523 billion the same period last year.

Royal Caribbean Gr Q2 2024 Adj EPS $3.21 Beats $2.75 Estimate, Sales $4.110B Beat $4.041B Estimate

JP Morgan analyst Matthew Boss maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Overweight and raises the price target from $175 to $210.

JP Morgan Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $210

Bank of America analysts have expressed optimism about the cruise line industry ahead of upcoming earnings reports, forecasting <a href="https://www.benzinga.com/topic/cruise-lines">potential stock price increases.</a>
The analysts highlighted that U.S. airlines are facing pricing challenges due to overcapacity and demand concerns, as noted by Ryanair in their latest earnings report.
&#8220;We view cruise as more insulated from the airline trends given longer booking curves (9+ months vs 3 months)&nbsp;and&nbsp;different supply dynamics,&#8221; Andrew G. Didora, CFA, wrote in a note published Tuesday. 
The expert sees minimal risk to near-term earnings and expects cruise companies to continue reporting strong fundamentals this earnings season, similar to Carnival Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) recent solid results and raised guidance at the end of June.
<h3 class="wp-block-heading">Bank of America Raised Royal Caribbean, Norwegian Cruise Price Targets</h3>
Royal Caribbean Cruise Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) is set to announce its Q2 2024 earnings this Thursday, July 25.
&#8220;We believe our current&nbsp;RCL&nbsp;estimates are reasonable ahead of results,&#8221; Didora said. Bank of America estimates a net yield of +11.0% in Q2 2024, slightly above the high end of guidance at +10-10.5%.
Given the strong trends anticipated in the cruise sector, Bank of America has raised the price objective for Royal Caribbean Cruise Ltd. to $172, while maintaining a Neutral rating.
Norwegian Cruise Line Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) hosted an investor day at the end of May, and Bank of America anticipates similar messaging in the July 31 earnings call: focusing on deleveraging, keeping unit costs below inflation, and achieving mid-single digit net yield growth. 
Bank of America&#8217;s full-year 2024 estimated EBITDA is $2.3 billion (aligning with the Street and slightly above the guidance of $2.25 billion), with their Q2 2024 EPS estimate slightly ahead of guidance at 33 cents compared to the guidance of 32 cents (Street 34 cents).
For Q3 2024, they forecast net yields of +5.9% versus the Street&#8217;s +5%, with EPS of 94 cents compared to the Street&#8217;s 90 cents.
Bank of America has raised the price objective to $23 as they increase their target multiple, reflecting the continued strong industry trends, while maintaining a Neutral rating.
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Photo: Shutterstock

Bank Of America Raises Projections For Cruise Line Stocks: 'More Insulated From The Airline Trends'

B of A Securities analyst Andrew Didora maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Neutral and raises the price target from $145 to $172.

B of A Securities Maintains Neutral on Royal Caribbean Gr, Raises Price Target to $172

Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) is scheduled to release second-quarter 2024 results on Jul 25, 2024. The company is likely to have benefited from positive customer sentiments bolstered by resilient labor markets, stabilizing inflation and a narrowed gap to land-based vacations.
The Zacks Consensus Estimate for RCL&#39;s second-quarter earnings per share is pegged at $2.77, suggesting 52.2% growth from $1.82 reported in the prior-year quarter. The consensus mark has increased by 3% in the past 60 days. For quarterly revenues, the consensus mark is pegged at $4 billion, suggesting a 13.4% rise from the year-ago quarter&#39;s reported figure.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/31/72042.jpg?v=1992566730" />
Image Source: Zacks Investment Research
<h3>Earnings Surprise History</h3>
The company has a modest earnings surprise history in the trailing four quarters, exceeding earnings expectations on each occasion. It delivered an earnings surprise of 18.3%, on average. In the last reported quarter, the company delivered an earnings surprise of 35.1%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/a5/72044.jpg?v=2003534507" />
Image Source: Zacks Investment Research
<h3>Q2 Earnings Whispers</h3>
Our proven model does not conclusively predict an earnings beat for Royal Caribbean this time around. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat on earnings. But that&#39;s not the case here.
Royal Caribbean has a Zacks Rank #1 and an Earnings ESP of -0.43%.
<h3>Factors to Influence RCL&#39;s Q2 Results</h3>
Royal Caribbean&#39;s second-quarter performance is likely to have benefitted from robust demand, courtesy of its digital initiatives, ship upgrades and enhanced product offerings. This and the strong booking and pricing environment across key itineraries, coupled with continued strength in onboard, are likely to have driven the company&#39;s top-line in the second quarter.
Our model estimates second-quarter passenger ticket revenues to rise 6.1% year over year to $2.59 billion. We expect onboard and other revenues to increase 23.3% year over year to $1.33 billion.
Royal Caribbean is enhancing its commerce platform with new technology and artificial intelligence to improve the experience across various distribution channels, build stronger customer loyalty and reduce guest acquisition costs. It is investing in a modern digital travel platform to streamline travel planning, making it easier for guests to book vacations and expand wallet share. The initiatives are likely to have strengthened load factors and improved yields in the second quarter.
The company anticipates net yields to rise 10-10.5% (on a reported basis) and 10.2-10.7% (constant-currency basis) from 2023 levels. Our model predicts second-quarter net yields at $262 million (on a reported basis) and $263 million (constant-currency basis).
Elevated costs concerning fuel and food are likely to have hurt margins in the second quarter. Our model predicts total cruise operating costs to rise 5% year over year to $2.05 billion.
The company expects second-quarter net cruise costs (excluding fuel per APCD) to increase 5.4% (on a reported basis) and 5.5% (constant currency), respectively, on a year-over-year basis. Per our model, second-quarter net cruise costs (excluding fuel per APCD) are estimated at $126.2 million (on a reported basis) and $126.7 million (constant-currency basis).
<h3>Price Performance &amp; Valuation</h3>
Shares of Royal Caribbean have rallied 30% in the year-to-date period compared with the Zacks Leisure and Recreation Services industry&#39;s rise of 4.7%.
Despite disruptions at Eastern Mediterranean sailings, the stock outperformed its peers, including Carnival Corporation &amp; plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccl#NYSE">CCL</a>), Norwegian Cruise Line Holdings Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nclh#NYSE">NCLH</a>) and OneSpaWorld Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/osw#NASDAQ">OSW</a>).
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b0/72045.jpg?v=1599364627" />
Image Source: Zacks Investment Research
From a valuation perspective, RCL is trading relatively cheap. The company has a forward 12-month price-to-earnings of 13.89X, below the industry average of 16.63X. The company has a Value Score of A.
&nbsp;
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/89/72046.jpg?v=1185158597" />
Image Source: Zacks Investment Research
<h3>Investment Considerations</h3>
RCL&#39;s robust demand, strategic digital initiatives, and enhanced offerings position it favorably for strong second-quarter financial performance. The anticipated revenue and earnings growth reinforces the positive outlook for RCL stock.
While RCL is attractively valued and has strong fundamentals, it may be a good time to buy the stock before the earnings release. The company&#39;s robust booking volumes and enhanced onboard spending underscore its ability to capitalize on increasing travel demand.
Strong operational performance, strategic market expansions and innovative product offerings have been a major tailwind for the stock. With a favorable valuation compared with industry peers and upwardly revised earnings projections, RCL is well-positioned to deliver sustained growth and shareholders&#39; value. We believe that RCL stock is an ideal candidate for investors&#39; portfolio addition.
<a href="https://www.zacks.com/stock/news/2305844/royal-caribbean-rcl-pre-q2-earnings-analysis-should-you-buy?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2305844">To read this article on Zacks.com click here.</a>

Small Cap

Royal Caribbean Pre-Q2 Earnings Analysis: Should You Buy?

Stifel analyst Steven Wieczynski maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Buy and raises the price target from $180 to $200.

Stifel Maintains Buy on Royal Caribbean Gr, Raises Price Target to $200

Norwegian Cruise Line Holdings Struggling In A Growing Industry

In a report released yesterday, John Staszak from Argus Research maintained a Buy rating on Royal Caribbean (RCL – Research Report). The company's ...

Argus Research Remains a Buy on Royal Caribbean (RCL)

Royal Caribbean: Buy More As It Dips, Double Digit Growths Ahead

Earnings scoreboard: 7 out of 15 discretionary stocks beat estimates this week

Earnings scoreboard: 7 out of 15 consumer discretionary stocks beat estimates this week

Royal Caribbean Cruises starts private offering of $1.5 billion of senior notes

In a report released today, Jamie Rollo from Morgan Stanley maintained a Hold rating on Royal Caribbean (RCL – Research Report), with a price targe...

Morgan Stanley Sticks to Its Hold Rating for Royal Caribbean (RCL)

Royal Caribbean Group upsizes and prices $2B senior notes

Macquarie analyst Paul Golding has maintained their bullish stance on RCL stock, giving a Buy rating today. Paul Golding's rating is based on Royal...

Royal Caribbean Cruises: A Buoyant Outlook with Dividend Reinstatement and Raised Earnings Guidance

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The pullbacks in some of the top <a href="https://investorplace.com/industries/consumer-discretionary/travel/cruise/">cruise stocks</a> are all buying opportunities.



Look at Royal Caribbean (NYSE:<a href="https://investorplace.com/stock-quotes/rcl-stock-quote/">RCL</a>), for example.



Even with strong booking demand and earnings growth, the stock dropped from about $173 to a recent low of about $152, where it&rsquo;s now oversold and pivoting higher. Not only did it just catch support at its 50-day moving average, but it&rsquo;s also excessively oversold on RSI and Williams&rsquo; %R. While expecting RCL to resume its uptrend, I&rsquo;d buy the temporary weakness.



From its last traded price of $157, I&rsquo;m looking for an initial retest of $173.&nbsp;



Helping, <a href="https://seekingalpha.com/news/4128143-royal-caribbean-cruises-non-gaap-eps-of-321-beats-by-046-revenue-of-411b-beats-by-60m-reinstates-dividend">RCL just raised its adjusted earnings per share</a> outlook to a new range of $11.35 to $11.45 from an older range of $10.70 to $10.90. The company even reinstated a 40-cent dividend, payable on Oct. 11. That, coupled with explosive demand makes Royal Caribbean a strong buy at current prices.



However, it&rsquo;s not just RCL that could rally to higher highs. Here are three more cruise stocks that could see plenty of smooth sailing ahead, too.



<h2>Carnival (CCL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/ccl1600-300x169.png" alt="Carnival (CCL) logo sign in the night at their headquarters in Miami, Florida, USA. Carnival Cruise Line is an international cruise line."><div>Source: JHVEPhoto / Shutterstock.com</div></div>Oversold at $17.12, Carnival (NYSE:<a href="https://investorplace.com/stock-quotes/ccl-stock-quote/">CCL</a>) is another one of the top cruise stocks to buy.



For one, the company managed to beat EPS estimates in each of its last seven quarters. Two, in its <a href="https://www.carnivalcorp.com/node/75226/pdf">most recent earnings report,</a> company bookings are at record highs this year and are significantly exceeding 2023 numbers. Three, CCL is already touting record bookings for 2025 as well.



Even better, the company saw customer deposits hit a record high of $8.3 billion in the second quarter, which was $1.1 billion higher than a prior record high.



Helping, over the last few days, JPMorgan (NYSE:<a href="https://investorplace.com/stock-quotes/jpm-stock-quote/">JPM</a>) raised its price target on CCL to $25 with a Buy rating. Analysts at Truist also raised their price target to $25 with a hold rating. In total, 14 <a href="https://www.tipranks.com/stocks/ccl/forecast">analysts rate CCL a buy.</a> Two have a Hold rating, and one has a Sell rating, which makes no sense. The average price target on CCL is currently $21.72.&nbsp;



<h2>Norwegian Cruise Line (NCLH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/nclh-1600-300x169.png" alt="Norwegian Cruise Line ship docked in Saint Petersburg. NCLH stock."><div>Source: Nazar Skladanyi / Shutterstock</div></div>Oversold at its 100-day moving average, Norwegian Cruise Line (NYSE:<a href="https://investorplace.com/stock-quotes/nclh-stock-quote/">NCLH</a>) is also a buy.



Just this morning, the company <a href="https://seekingalpha.com/news/4130981-norwegian-cruise-lines-earns-record-q2-revenue">posted beat</a> top and bottom line estimates. EPS of 40 cents beat by 6 cents. Revenue of $2.4 billion, up 8.6% year-over-year, beat by $20 million. Adjusted EBITDA jumped 14% to $587.7 million.&nbsp;



NCLH also raised its <a href="https://www.nclhltd.com/news-media/press-releases/detail/620/norwegian-cruise-line-holdings-reports-strong-second">full-year adjusted</a> net income guidance by $60 million to about $790 million from $730 million. It also increased its adjusted EPS guidance to $1.53 from $1.42.




Better, <a href="https://seekingalpha.com/news/4130981-norwegian-cruise-lines-earns-record-q2-revenue">according to CEO Harry Sommer,</a> &ldquo;The momentum we are garnering from strong yield growth, disciplined cost&nbsp;management and the initiatives that comprise our Charting the Course strategy further bolsters our confidence in achieving our previously announced 2026 financial and sustainability targets.&rdquo;&nbsp;




I&rsquo;d also use recent weakness as a buying opportunity with NCLH, too. With patience, I&rsquo;d like to see the stock rally back to $21.50 initially.



<h2>Defiance Hotel, Airline and Cruise ETF (CRUZ)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/06/cruise-stocks1600-300x169.png" alt="Tourist girl with backpack and hat standing in front of big cruise liner. Cruise stocks"><div>Source: Zigres / Shutterstock.com</div></div>Or, if you&rsquo;d rather diversify at a lower cost, there&rsquo;s the exchange-traded fund&nbsp;Defiance Hotel, Airline, and Cruise (NYSEARCA:<a href="https://investorplace.com/stock-quotes/cruz-stock-quote/">CRUZ</a>). After catching strong support at $21 dating back to February, it&rsquo;s also a buy, as it just starts to pivot higher. Last trading at $21.31, I&rsquo;d like to see it initially retest $22.40.



With an expense ratio of 0.45%, the CRUZ ETF holds 63 top cruise, hotel and <a href="https://investorplace.com/industries/consumer-discretionary/travel/airline/"></a>airline stocks, including Hilton Worldwide (NYSE:<a href="https://investorplace.com/stock-quotes/hlt-stock-quote/">HLT</a>), Marriott (NASDAQ:<a href="https://investorplace.com/stock-quotes/mar-stock-quote/">MAR</a>), Royal Caribbean, Carnival, Delta Air Lines (NYSE:<a href="https://investorplace.com/stock-quotes/dal-stock-quote/">DAL</a>) and Southwest Airlines (NYSE:<a href="https://investorplace.com/stock-quotes/luv-stock-quote/">LUV</a>) &mdash; to name a few of the top holdings.&nbsp;Not only do you get exposure to top cruise stocks but also some of the best hotel and&nbsp;airline stocks &mdash; all for less than $22 a share at the moment.



With the CRUZ ETF, I&rsquo;d use the recent, temporary weakness as a buying opportunity.



On the date of publication, Ian Cooper&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.</div><h3>More From InvestorPlace</h3>
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뱅크 오브 아메리카(Bank of America) 분석가들은 다가오는 실적 발표를 앞두고 크루즈 산업에 대해 낙관적인 전망을 표명하며 <a href="https://www.benzinga.com/topic/cruise-lines" target="_blank" rel="noopener" data-google-interstitial="false">주가 상승 가능성</a>을 예측했다.
이 분석가들은 라이언에어(Ryanair)가 최근 실적 보고서에서 언급한 바와 같이 미국 항공사들이 과잉 수용력과 수요 문제로 인해 가격 책정 문제에 직면하고 있다고 강조했다.
CFA인 앤드류 G. 디도라(Andrew G. Didora)는 화요일에 게시된 메모에서 &#8220;우리는 긴 예약 곡선(9개월 이상 대 3개월)과 다양한 공급 역학을 고려할 때 크루즈 여행이 항공사 추세로부터 더 고립된 것으로 본다&#8221;고 썼다.
이 전문가는 단기 실적에 대한 위험이 최소화될 것으로 보고 크루즈 회사들이 이번 실 시즌에도 카니발 코퍼레이션(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>)의 최근 견고한 실적과 6월 말에 높아진 지침과 유사하게 강력한 펀더멘털을 계속해서 보고할 것으로 기대하고 있다.
<h3 class="wp-block-heading">뱅크 오브 아메리카는 로얄 캐리비안과 노르웨이안 크루즈 주가 목표 상향</h3>
로얄 캐리비안 크루즈(NYSE:<a class="items-end ticker-link-wrapper inline-flex" href="https://www.benzinga.com/quote/rcl" target="_blank" rel="dofollow noopener" aria-label="Go to Quote Page for RCL">RCL</a>)는 7월 25일 목요일에 2024년 2분기 실적을 발표할 예정이다.
디도라는 "우리는 현재 RCL 추정치가 결과에 앞서 합리적이라고 믿고 있다"고 말했다. 뱅크 오브 아메리카(BofA)는 2024년 2분기 순수익률을 +11.0%로 추정한다. 이는 +10~10.5%라는 최고 목표치보다 약간 높은 수치이다.
크루즈 부문에서 예상되는 강력한 추세를 고려하여 BofA는 로얄 캐리비안 크루즈의 주가 목표를 172달러로 높이면서 중립 등급을 유지했다.
노르웨이안 크루즈 라인 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>)는 5월 말에 투자자의 날을 주최했으며 BofA는 7월 31일 실적 결산에서 유사한 메시지를 예상한다. 즉 부채 축소에 초점을 맞추고 단위 비용을 인플레이션 이하로 유지하며 한 자릿수 중반 순수익률 성장을 달성하는 것이다.
BofA의 2024년 전체 예상 EBITDA는 23억 달러(스트리트와 일치하며 가이던스 22억 5천만 달러보다 약간 높음)이며, 2024년 2분기 EPS 추정치는 가이던스 32센트에 비해 33센트로 약간 높다(스트리트 34 센트).
2024년 3분기에 그들은 스트리트의 +5%에 비해 순수익률이 +5.9%, 스트리트의 90센트에 비해 EPS가 94센트일 것으로 예상했다.
BofA는 중립 등급을 유지하면서 지속적인 업계 동향을 반영하여 목표 배수를 높이면서 주가 목표를 23달러로 높였다.
Photo: Shutterstock
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뱅크 오브 아메리카: 크루즈 라인 주식에 대한 전망 상향, '항공사 추세로부터 더 격리'

카니발 코퍼레이션(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>)은 화요일 <a href="https://www.benzinga.com/news/earnings/24/06/39481992/carnival-rides-the-wave-strong-bookings-and-robust-q2-earnings-boost-outlook" target="_blank" rel="noopener" data-google-interstitial="false">예상치를 크게 웃도는 2분기 실적</a>을 발표한 후 8% 이상 상승하며, 2024년 최고의 일일 상승폭을 기록했다.
골드만삭스의 분석가 리지 도브(Lizzie Dove)는 이 크루즈 라인 기업의 2분기 실적과 3분기 지침이 &#8220;투자자들이 찾고 있던 주요 지표에 도달&#8221;하여 긍정적인 시장 반응을 이끌어냈다고 강조했다.
이 투자 은행은 카니발에 대해 &#8216;매수&#8217; 등급을 유지하여 12개월 목표 가격 목표를 주당 22달러로 설정했다. 이는 현재 수준보다 34% 강력한 상승을 의미한다.
화요일 카니발은 8.72 상승한 17.82달러에 마감했다. 다른 크루즈 라인 기업들의 주식은 카니발에 동조하여 반등했다. 로얄 캐리비안 크루즈(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>)과 노르웨이 크루즈 라인 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>)는 각각 3.95%, 5.11% 상승 마감했다.
차트: 카니발, 2023년 11월 이후 최고의 거래일 기대
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-405043" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25142923/image-55-1024x500.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25142923/image-55-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25142923/image-55-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25142923/image-55-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25142923/image-55-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25142923/image-55.png 1920w" alt="" width="1024" height="500" /></figure>
<h3 class="wp-block-heading">카니발 2분기 실적: 주요 하이라이트</h3>
카니발은 조정 EBITDA(이자, 세금, 감가상각비, 무형자산상각비 차감 전 이익)를 12억 달러로 보고했는데, 이는 컨센서스 추정치 10억 6천만 달러와 가이드라인 10억 5천만 달러를 크게 웃도는 수치이다. 매출은 57억 8,000만 달러로 예상 57억 달러를 넘어섰다.
조정된 주당 순이익(EPS)은 0.11달러로 컨센서스 손실 0.02달러를 크게 웃돌았다.
도브는 강력한 분기별 실적에 기여한 몇 가지 주요 지표를 언급했다.
<ul>
<li>승객 크루즈 일수(PCD)당 티켓 매출은 154.49달러로 골드만삭스의 추정치를 상회했으며 전년 대비 7.2% 증가했다.</li>
<li>PCD당 온보드 매출은 2.9% 증가하여 전 분기 감소보다 개선되었으며 이는 강력한 소비자 지출을 나타낸다.</li>
<li>객실 점유율은 104%에 달해 예상치 103.3%를 넘어섰다. 순수익률은 186.55달러로 예상을 뛰어넘어 전년 대비 12.2% 증가했다.</li>
<li>카니발은 또한 연료를 제외한 순 크루즈 비용이 이전 지침에 따른 3% 증가에 비해 전년 대비 0.3% 감소함에 따라 비용 관점에서 효율성을 개선했다.</li>
</ul>
<h3 class="wp-block-heading">카니발, 2024년 3분기 전망 상향 조정</h3>
카니발은 또한 연간 전망을 높여 카니발의 효과적인 경영과 전략적 성장을 나타냈다.
이제 이 회사는 조정 EBITDA를 56억 3천만 달러에서 58억 3천만 달러로, 조정 EPS를 0.98달러에서 1.18달러로 예상하고 있다.
카니발은 3분기 EBITDA가 26억 6,000만 달러, 순수익률이 전년 동기 대비 8% 증가할 것으로 전망했다.
다음 읽기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39486410/chipmakers-cruise-lines-crypto-rally-nvidia-reclaims-3-trillion-blue-chips-small-ca" target="_blank" rel="noopener" data-google-interstitial="false">칩 제조업체, 크루즈 라인, 암호화폐 랠리, 엔비디아는 3조 달러 회복. 블루칩, 소형주 하락: 화요일 시장을 이끄는 요인은?</a>
그림: Pixabay

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