Table Of Content
- Of S&P 500 Stocks Show Upside Potential Vs. Street Estimates: Which Offers The Best Opportunity?
- Royal Caribbean Cruises Analyst Data
- Moody’s Daily Credit Risk Score
- Should I Buy Cruise Line Stocks?
- Royal Caribbean Cruises Ltd. (NYSE:RCL)
- Royal Caribbean Cruises Ltd. Past Events
- Cruise Stocks Cooled Off Since July But 2024, 2025 Look 'Exceptionally' Strong: Analyst
A market cap over $735 million suggests that the company has the potential to continue development in the future. Although they’ve reached the stock price they had when they went public, the company still has not reached pre-pandemic highs. Whether their clients are sailing or located at a variety of travel and hospitality locations on-land, OneSpa is one of the major luxury spa providers for the highest-end hospitality brands. Since Carnival is the largest player in the game, it may be the best long-term investment, especially since prices are low right now. While the industry is currently struggling, this company could provide excellent returns in the long run. Investors may need to be patient with the amount of time they hold this stock (or any other hospitality stock, for that matter).
Of S&P 500 Stocks Show Upside Potential Vs. Street Estimates: Which Offers The Best Opportunity?
NCLH sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Leisure and Recreation Services industry's P/E of 16X, shares of Norwegian Cruise Line are trading at a forward P/E of 14.4X. NCLH also has a PEG Ratio of 0.3, a Price/Cash Flow ratio of 7.3X, and a Price/Sales ratio of 0.9X.
Royal Caribbean Cruises Analyst Data
These are the cruise line stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business's value. A business with higher sales could eventually produce more profit when it achieves (or returns to) profitability.
Moody’s Daily Credit Risk Score
Analyst initiates coverage of Royal Caribbean Cruises with Buy rating and price target of $164. We have arranged the list according to the hedge fund sentiment around the securities, which was assessed from Insider Monkey’s Q database of about 900 elite hedge funds. "We're seeing shoppers and cruise bookings increase week after week, which is fantastic news for the industry." Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Norwegian offers a variety of cabin categories, which enables it to accommodate every type of traveler. It was the first cruise line to offer studios exclusively for solo travelers, and it has lodging fit for everyone from people sailing on their own to large families.
Because the entire industry has suffered losses in recent quarters, the value section below will be based on price-to-sales ratio rather than the usual price-to-earnings ratio (P/E Ratio). Even relatively small absolute value changes in revenue have resulted in enormous percentage changes. The cruise line industry is part of the broader travel and tourism industry, focused primarily on providing sea-based vacation experiences.
Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. We selected firms that operate in the cruise industry, picking stocks based on future growth potential, underlying business fundamentals, optimistic analyst coverage, and strong hedge fund sentiment. The cruise industry was one of the hardest hit tourism sectors amid the peak COVID years. Considering how much the pandemic continues to affect cruise lines, investing in them is relatively risky.
Royal Caribbean Cruises Ltd. Past Events
The international economy, hotels, airlines, and cruises all hope to see market performance closer to what they would have seen before the pandemic began. Norwegian Cruise Line Holdings has been working closely with the CDC to ensure that the safety of their guests is taken into consideration on their cruise ships. Major cruise ships are just now starting to set sail again, and people will be seeking opportunities to enjoy the travels they haven’t been able to for over a year. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Cruise Stocks Cooled Off Since July But 2024, 2025 Look 'Exceptionally' Strong: Analyst
While others carry thousands of passengers per ship, Lindblad specializes in smaller, more expensive adventure cruises. The maximum capacity for these cruises is typically between 48 and 148 passengers, depending on the trip. The biggest cruise companies own several cruise lines, with each of the major cruise companies taking a unique approach to keeping its customers loyal. If you want to invest in cruise line stocks, you have several attractive options.
For this article, we scanned Insider Monkey’s fourth quarter database of 933 hedge funds and picked 11 companies operating in the cruise industry. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). 2024 is poised to be exceptional for cruise vacations, with unprecedented booking volumes across different income levels, surpassing pre-COVID-19 levels. Cruise operators and travel agents report heightened interest due to the relative affordability of cruises compared to land-based alternatives. Despite cancellations in other travel sectors, cruise bookings for 2024 are anticipated to break records.
Nevertheless, cruise lines tend to have a passionate customer base with plenty of repeat passengers. Over the long term, cruise line stocks may be a good value investment provided you are comfortable with some volatility. This cruise line is still known for its reasonable prices and ability to offer a fun time for everyone. Carnival cruises are popular among families and groups of friends alike, including younger generations.
Although affordable cruises are more common now, the market was previously dominated by luxury voyages. Plus, with growing demand, the company just ordered eight new ships, which is the biggest order in company history. According to Lindblad, a majority of guests opted for future travel credits over a refund for voyages that were cancelled or rescheduled due to the pandemic. The travel company has seen significant increases in its booking numbers, even compared to pre-pandemic times. In its third quarter 2021 financial results, it reported that 2022 bookings were 51% ahead of bookings for 2021 and 27% ahead of bookings for 2020. Carnival's sales forecasts are promising, with bookings for 2022 representing growth over 2019's performance.
Norwegian Cruise Line Holdings Ltd. stock outperforms competitors on strong trading day - MarketWatch
Norwegian Cruise Line Holdings Ltd. stock outperforms competitors on strong trading day.
Posted: Wed, 17 Apr 2024 21:23:00 GMT [source]
If you want to skip our discussion on the cruise industry, head over to 5 Best Cruise Stocks To Buy Now. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors.
The forward-thinking company looks to add nine more ships to their fleet in the next five years. The company has a fleet of 28 different ships that sail to nearly 500 destinations. Founded in 1966, Norwegian Cruise Line is the third largest cruise line in the world in terms of the number of passengers. Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999. Industry improvements, and stronger bookings make Carnival a strong buy, especially on the most recent, unsustainable dip.
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