How to React with Corrections? – Carnival Corporation & Plc (CCL)

BAND SIR JONATHON, Director, subtracted 5,000 shares of Carnival Corporation & Plc (CCL) from its portfolio at the rate of $40.83 per share valuing $204,151 on Oct 03. The insider left behind 18,736 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $44.93, with a 2nd Resistance Point sitting at $45.17. Meanwhile, this company’s stock has a 1st Support Level at $44.46 and a 2nd Support Level at $44.23. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Carnival Corporation & Plc (CCL) was $44.70. Carnival Corporation & Plc (CCL) stock has gained $0.02, or 0.04%, in the past five days. In the last full month, these shares have gained $1.91, or 4.46%. In the past three months, this stock’s price has fallen by -$0.23, or -0.51%. This year-to-date, Carnival Corporation & Plc (CCL) shares have lost -$4.60, or -9.33%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Carnival Corporation & Plc (CCL) stock, 50% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 527,055 K shares outstanding, this company currently has a market capitalization of $23,638,416K. Carnival Corporation & Plc (CCL) generates $18,881 M in annual sales, amounting to annual net income of $3,153 M. This stock has generated a 1-Year Total Return of -25.45%, a 3-Year Total Return of -12.91%, and a 5-year Total Return of 7.89%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.500 per share on 08/22/19. Its Annual Dividend Yield is 4.46%, and its Annual Dividend Rate is 2.00.

In the most recently-reported fiscal quarter, which ended in 08/19, Carnival Corporation & Plc (CCL) reported earnings of $2.63 per share. Wall Street analysts, on average, were expecting the company to report earnings of $2.53 per share, representing a 0.10 difference and 3.95% surprise. In the previous quarter ending in 05/19, the reported earnings of $0.66 represented a 0.05 difference from the consensus estimate calling for $0.61 per share, which was a 8.20% surprise.

For the current fiscal quarter, which is set to end in 11/2019, the average earnings estimate is $0.50 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $0.55 and the low estimate was $0.46. In the year-ago quarter, Carnival Corporation & Plc (CCL) generated per-share earnings of $0.70. If the analysts are correct about the current quarter’s earnings, the growth will be -28.57%.

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 2 sale (10,000 shares in total) in the last 3 months. In the last 6 months, there have been 6 insider buys amounting to 84,100 shares and 2 insider sales amounting to 10,000 shares. In the past full year, 46 insider purchases were made (involving 637,666 shares) and 22 insider sell-offs equivalent to 322,968 shares.

Moving onto liquidity, Carnival Corporation & Plc (CCL) has a Current Ratio of 0.24, a Quick Ratio of 0.19 and a Cash Ratio of 0.11. Looking at this company’s capital structure, its Total Debt to Total Equity is 42.23, its Total Debt to Total Capital is 29.69, and its Total Debt to Total Assets is now 24.35. Looking even further ahead into the future, its Long-Term Debt to Equity is 14.46 and its Long-Term Debt to Total Capital is 32.31.