Alert: Positive Investment/Fundamental Signals (12/4/23)-Royal Caribbean Group (NYSE: RCL)


Royal Caribbean Group (NYSE: RCL). Important positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.

Important positive changes in Royal Caribbean Group (NYSE: RCL) fundamentals have recently occurred: the consensus estimate for December, 2023 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, RCL is expected to continue to be a major Value Builder.

Royal Caribbean Group has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Royal Caribbean Group has a neutral Appreciation Score of 41 but a very high Power Rating of 100, and the Positive Value Trend Rating results.

Recent Price Action

Royal Caribbean Group (NYSE: RCL) stock closed at $114.21 on 12/4/23 after a large increase of 3.1%. Moreover, above average trading volume at 130% of normal accompanied the advance. The stock has risen 9.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

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