For its first fiscal quarter (ending March 31), Royal Caribbean Group (NYSE: RCL) has reported E.P.S. of $1.40 compared to $-0.19 a year ago. For the latest four quarters through March 31, E.P.S. were $8.22 versus $-4.07 for the same period a year ago.
Recent Price Action
Royal Caribbean Group (NYSE: RCL) stock rose modestly by 0.5% on 4/25/24. The stock closed at $137.47. Moreover, exceptionally high trading volume at 207% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.4% during the last week.
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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Royal Caribbean Group has a slightly positive Appreciation Score of 68 and a very high Power Rating of 96, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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