Twelve analysts have shared their ratings on Royal Caribbean Group (NYSE:RCL) over the past three months, expressing a mix of bullish and bearish views.
The following table summarizes recent ratings and gives a glimpse into how sentiment has changed over the past 30 days and compares it to the previous month.
| strong | Somewhat bullish | Indifference | Somewhat pessimistic | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | Five | 6 | 1 | 0 | 0 |
| Last 30 days | 0 | 1 | 0 | 0 | 0 |
| 1 million yen ago | 2 | 0 | 0 | 0 | 0 |
| 2 million years ago | 2 | Four | 1 | 0 | 0 |
| 3 million yen | 1 | 1 | 0 | 0 | 0 |
Analysts have recently rated Royal Caribbean Group and provided 12-month price targets, with the average target price being $164.17, with a high estimate of $175.00 and a low estimate of $145.00. This is above the previous average target price of $154.91, and the current average price represents a 5.98% increase.
Understanding analyst ratings: A comprehensive analysis
Analyzing recent analyst action sheds light on financial experts’ perception of Royal Caribbean Group. The following summary shows the key analysts, their recent valuations, and adjustments to their ratings and target prices.
| Analyst | Analyst Firms | Actions taken | evaluation | Current Price Target | Previous Price Target |
|---|---|---|---|---|---|
| Matthew Boss | J.P. Morgan | Salary increase | Overweight | $175.00 | $173.00 |
| John Staszak | Argus Research | Salary increase | buy | $172.00 | $161.00 |
| Patrick Scholes | Truist Securities | Salary increase | buy | $175.00 | $151.00 |
| Daniel Politzer | Wells Fargo | Salary increase | Overweight | $165.00 | $159.00 |
| Robin Farley | U.S. | Salary increase | buy | $168.00 | $154.00 |
| Andrew Didera | B of A Securities | Salary increase | neutral | $145.00 | $135.00 |
| Daniel Politzer | Wells Fargo | Salary increase | Overweight | $159.00 | $153.00 |
| Brandt Montour | Barclays | Salary increase | Overweight | $165.00 | $154.00 |
| Christopher Stathoulopoulos | Susquehanna | Salary increase | positive | $160 | $150 |
| Ben Chaiken | Mizuho | Salary increase | buy | $168.00 | $164.00 |
| Ben Chaiken | Mizuho | announcement | buy | $164.00 | – |
| Brandt Montour | Barclays | Salary increase | Overweight | $154.00 | $150 |
Key insights:
- Actions taken: Analysts frequently update their recommendations based on changing market conditions and company performance. Whether an analyst’s stance is “hold,” “upgrade,” or “downgrade,” it reflects their reaction to recent developments related to Royal Caribbean Group. This information provides a snapshot of how analysts perceive the company’s current situation.
- evaluation: Analysts provide their insights and provide qualitative ratings ranging from “outperform” to “underperform.” These ratings reflect expectations for Royal Caribbean Group’s relative performance compared to the overall market.
- Price target: Analysts make estimates to determine Royal Caribbean Group’s future value. Looking at current and past targets gives insight into analysts’ changing expectations.
Consider these analyst ratings along with other financial metrics to get a comprehensive understanding of Royal Caribbean Group’s market position. Use our ratings table to stay informed and make data-driven decisions.
Stay up to date with analyst ratings for Royal Caribbean Group.
What you need to know about Royal Caribbean Group
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 operated by the company 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 within its portfolio allows Royal to compete based on innovation, quality of ships and service, itinerary diversity, destination choice and price. The company completed the sale of the Azamara brand in the first quarter of 2021.
Royal Caribbean Group: Financial Overview
Market Cap Highlights: The company’s market capitalization is above the industry average, indicating its large scale, which in turn indicates strong credibility and market presence.
Revenue Growth: Royal Caribbean Group delivered strong earnings over the past three months. As of March 31, 2024, the company delivered solid revenue growth of about 1.5%. 29.18%This represents a notable increase in the company’s sales revenue. Compared to its peers, the company achieved a higher than average growth rate for its peers in the consumer goods sector.
Net profit margin: Royal Caribbean Group’s net profit margins are below the industry standard, indicating that high profitability is difficult to achieve. 9.66%, Companies may face challenges in managing costs effectively.
Return on Equity (ROE): Royal Caribbean Group’s ROE is below the industry average, suggesting it may have challenges maximizing its return on equity. 7.29%, The company may face obstacles in achieving optimal financial performance.
Return on assets (ROA): Royal Caribbean Group’s ROA is below the industry average, indicating potential challenges in efficiently utilizing assets. 1.02%, Companies may face obstacles in achieving optimal financial returns.
Debt Management: Royal Caribbean Group’s debt-to-equity ratios are below the industry standard, indicating a sound financial structure. 4.11.
The basis of analyst ratings
Benzinga tracks 150 analyst firms and reports on stock forecasts. Analysts typically draw their conclusions by forecasting how much profit a company will make in the future (usually the next five years) and how risky or predictable the company’s revenue streams are.
Analysts attend company conference calls and meetings, study company financial statements, and communicate with insiders to issue their ratings on stocks. Analysts typically rate each stock once per quarter or whenever there is a major update on the company.
Analysts often add forecasts for growth projections, profits, revenue and other metrics to their ratings to provide investors with a more comprehensive outlook, but investors should keep in mind that analysts, like any other human being, may also bring subjective views that influence their forecasts.
This article was generated by Benzinga’s automated content engine and has been reviewed by an editor.
