Professional
Added to YB: 2024-02-13
Pitch date: 2024-02-10
CCL [bullish]
Carnival Corporation Ltd.
+75.41%
current return
Author Info
No bio for this author
Company Info
Carnival Corporation Ltd., a cruise company, provides leisure travel services. The company operates through four segments: North America Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other.
Market Cap
$33.8B
Pitch Price
$15.08
Price Target
27.50 (+4%)
Dividend
2.39%
EV/EBITDA
7.45
P/E
11.07
EV/Sales
2.09
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Carnival Corporation Captures Narrow Moats With Better ROICs in View
Carnival $CCL: Reinstating narrow moat on improved ROICs, scale, brand & cost edge; raising FV to $27.50. Demand normalized in Europe, set to benefit from full occupancy & limited price pressure. Risks remain but expected to surpass pre-pandemic earnings by 2026 with focus on shareholder value.
Read full article (12 min)