The Miami-based cruise operator on Tuesday reported net income or profit of $369.5 million or $1.71 per share in the period compared with $229.9 million or $1.06 a share a year ago. Royal Caribbean Cruises Ltd now has $25.58B valuation. The stock rose 2.56% or $3.01 reaching $120.77 per share. BlackRock Inc. now owns 10,359,358 shares of the company's stock worth $1,016,356,000 after buying an additional 10,053,823 shares during the period. About shares traded. Royal Caribbean Cruises Ltd (NYSE:RCL) has risen 38.22% since August 8, 2016 and is uptrending. It has outperformed by 21.52% the S&P500. On Wednesday, February 3 the stock rating was maintained by Wedbush with "Outperform". Therefore 54% are positive. Alphabet Inc has $1250 highest and $800 lowest target. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Barclays Capital maintained it with "Underweight" rating and $28 target in Thursday, August 3 report. (NASDAQ:CSCO) has "Buy" rating given on Thursday, June 29 by Drexel Hamilton. The rating was maintained by Citigroup on Tuesday, August 9 with "Buy". (NASDAQ:CSCO) rating on Tuesday, November 24. The rating was initiated by Macquarie Research on Tuesday, October 4 with "Outperform". The company maintains price to book ratio of 3.61. The firm has "Hold" rating by Pivotal Research given on Friday, April 28. This continues to be an interesting story, and we look forward to updating it again soon on Royal Caribbean Cruises Ltd. Out of 21 Wall Street analysts rating Royal Caribbean Cruises Ltd., 15 give it "Buy", 0 "Sell" rating, while 6 recommend "Hold". Therefore 44% are positive.
From another technical standpoint, Royal Caribbean Cruises Ltd. (NYSE:RCL)'s 14-day Relative Strength Index (RSI) has reached 61.48, putting it inside a neutral zone. The firm has "Equal-Weight" rating given on Tuesday, January 5 by Morgan Stanley. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) earned "Neutral" rating by Goldman Sachs on Wednesday, August 2. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nineteen have given a buy rating to the company's stock. (The) lifted their target price on shares of Royal Caribbean Cruises from $90.00 to $94.00 and gave the stock a "sell" rating in a research report on Monday, May 1st. Also, CEO Richard D. Fain sold 20,000 shares of the firm's stock in a transaction dated Thursday, July 13th. Royal Caribbean Cruises presently has a consensus rating of "Buy" and an average target price of $117.23.
Since February 13, 2017, it had 0 insider buys, and 9 selling transactions for $9.38 million activity. $540,151 worth of Royal Caribbean Cruises Ltd (NYSE:RCL) shares were sold by REILLY WILLIAM K. $827,970 worth of Royal Caribbean Cruises Ltd (NYSE:RCL) was sold by Kulovaara Harri U. Shares for $235,460 were sold by Bayley Michael W on Wednesday, February 15. The firm exchanged a volume of 2.09 million shares at hands. Stein Bradley H sold $83,241 worth of stock.
With these kinds of figures it is worthy to note that Royal Caribbean Cruises Ltd. (RCL) has been put into a buy territory, but there are few other spots to consider.
Investors sentiment increased to 0.88 in 2016 Q4. Its down 0.02, from 1.09 in 2016Q3. Sold All: 53 Reduced: 151 Increased: 120 New Position: 84. 117 funds opened positions while 651 raised stakes. The hedge funds in our partner's database now possess: 154.14 million shares, up from 148.91 million shares in 2016Q3. Tudor Invest Et Al holds 0.04% or 17,610 shares in its portfolio. Thompson Siegel And Walmsley Ltd Liability Corp invested in 75 shares or 0% of the stock. Royal Caribbean Cruises has a consensus rating of "Buy" and a consensus price target of $102.57. Hartwell J M Partnership stated it has 0.08% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL). Citigroup holds 0.03% or 434,041 shares. The company's revenue for the quarter was up 4.3% on a year-over-year basis. Bessemer holds 1.54M shares. Victory Cap Mngmt Inc holds 701,438 shares or 0.17% of its portfolio. Ny State Teachers Retirement System, a New York-based fund reported 220,290 shares. Hall Laurie J Trustee holds 700 shares. Cap Mgmt Va owns 109,687 shares for 3% of their portfolio. A value of 0 would indicate that shares are now trading at the 52-week low.
Odey Asset Management Group Ltd increased Liberty Media Corp Delaware stake by 65,935 shares to 1.59M valued at $49.77M in 2016Q4. Mitsubishi Ufj Tru & Banking Corporation owns 382,352 shares. It is down 13.80% since August 8, 2016 and is uptrending. It has outperformed by 16.76% the S&P500. At the time of writing, Shares the company recently traded 44.29% away 52-week low and noted price movement -0.56% away from the 52-week high level. The company has a market capitalization of $25.33 billion, a price-to-earnings ratio of 16.52 and a beta of 1.06. The Company's divisions include Google and Other Bets.