Carnival Corporation (NYSE:CCL) has introduced new initiatives to move closer to achieving its 2020 environmental sustainability goals, according to a new 2018 report. The report notes that the corporation achieved its 25% carbon reduction goal three years ahead of schedule in 2017 and decreased air emissions further in 2018. As part of this, its AIDA Cruises brand introduced AIDAnova, the world’s first cruise ship to be powered in port and at sea by LNG, in December 2018. This is the first in Carnival’s new class of ‘green’ cruise ships, of which 10 more are scheduled to enter service before 2025.
Technical Stock Analysis
Carnival Corporation (NYSE:CCL), a Services sector firm, traded 12.02 Million shares in last trading session and stock declined -4.45% with closing price of $46.63 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Carnival Corporation (NYSE:CCL)’s gross margin stands at 40.40%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Carnival Corporation (NYSE:CCL)’s profitability or to compare the efficiency of different investments, hence, CCL return on investment (ROI) is 9.40%.
52-Week Range
52-Week Range are valuable stats for watching Carnival Corporation (NYSE:CCL)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Carnival Corporation (NYSE:CCL)’s stock value has moved between $45.72 – 67.58 in last one year.
Analyst’s Views
Analysts mean target price for Carnival Corporation (NYSE:CCL) is $62.78 while analysts mean recommendation is 2.00.
Stock Performance
Its weekly performance is -12.22% while year to date (YTD) performance is -5.42%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Carnival Corporation (NYSE:CCL)’s EPS growth this year is 23.50%. For best decision making investors should look at Carnival Corporation (NYSE:CCL)’s EPS growth for next year stands at 11.76%.
