Carnival (CCL) Releases FY18 Earnings Guidance


Stifel Nicolaus maintained it with "Buy" rating and $7400 target in Thursday, June 22 report. Carnival Corporation had 60 analyst reports since August 6, 2015 according to SRatingsIntel. (NYSE:T), 10 have Buy rating, 1 Sell and 18 Hold.

Since August 23, 2017, it had 0 buys, and 6 insider sales for $15.93 million activity. Deutsche Bank reaffirmed a "hold" rating and set a $61.00 target price (down from $62.00) on shares of Carnival in a research report on Wednesday, September 27th.

Carnival (NYSE:CCL) issued an update on its FY18 earnings guidance on Tuesday morning. As per Monday, February 27, the company rating was upgraded by Argus Research. As per Friday, September 2, the company rating was downgraded by Morgan Stanley. The firm has "Buy" rating by Tigress Financial given on Monday, October 2. Its up 8.26% from 12,100 shares previously. The firm earned "Buy" rating on Wednesday, November 25 by HSBC. Owens Ill Inc now has $3.66 billion valuation. The stock decreased 7.21% or $0.02885 during the last trading session, reaching $0.37115. About 2.41 million shares traded. Adecoagro S.A. (NYSE:AGRO) has risen 9.46% since December 19, 2016 and is uptrending. It has outperformed by 7.70% the S&P500. Citigroup owns 183,125 shares for 0.01% of their portfolio. On Monday, September 11 Walker Karen sold $740,883 worth of Cisco Systems, Inc.

Investors sentiment decreased to 1.43 in Q2 2017. Longer term we see that it has been 1.17% for the quarter and for the half year -0.56%.

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Several other institutional investors have also sold shares of the company. 49 funds opened positions while 95 raised stakes. One Association has 101,329 shares. North Star Invest Mngmt Corp has invested 0.84% in AT&T Inc. (NYSE:OI). Meeder Asset Mgmt stated it has 0.03% in Owens-Illinois, Inc. Tci Wealth Advsrs Inc invested in 152 shares or 0% of the stock. Ing Groep Nv reported 5,560 shares. Next Grp Inc holds 0% or 1,085 shares in its portfolio. Ameriprise Fincl accumulated 509,106 shares. James Investment Research Inc reported 190,225 shares or 0.14% of all its holdings. King Luther Cap owns 1.33M shares. Country Tru Savings Bank has invested 0.03% in AT&T Inc. (NYSE:OI). 16,210 were reported by Burney. Fmr Ltd Co owns 1.55M shares for 0% of their portfolio. Parkside Bankshares Tru has 17 shares. Therefore 33% are positive. The firm earned "Outperform" rating on Thursday, August 3 by JMP Securities. The stock has "Neutral" rating by Goldman Sachs on Wednesday, June 29. Barclays Capital maintained it with "Equal-Weight" rating and $58 target in Thursday, March 31 report. The stock has "Buy" rating by Deutsche Bank on Thursday, September 24. (NASDAQ:REIT) has "Buy" rating given on Wednesday, September 13 by Stifel Nicolaus. The stock has "Hold" rating by RBC Capital Markets on Tuesday, October 17.

Since October 16, 2017, it had 0 insider buys, and 1 sale for $6.13 million activity. In related news, Director Sir John Parker sold 19,965 shares of the business's stock in a transaction that occurred on Friday, April 28th. Its down 0.01, from 1.36 in 2017Q1. 89 funds opened positions while 205 raised stakes. About 10.19 million shares traded.

Carnival Corporation & plc President and Chief Executive Officer Arnold Donald noted, "We exceeded the high end of our original full year 2017 guidance by $0.22 per share, achieving record cash from operations of $5.3 billion and another adjusted earnings per share record despite a significant drag from fuel and currency". Breton Hill Limited reported 0.14% of its portfolio in Carnival Corporation (NYSE:CCL). 8,402 are held by Alps. (NYSE:WD). Renaissance Technologies Ltd Liability Co has invested 0% of its portfolio in Walker & Dunlop, Inc. Dubuque Bancorporation And Trust Communications invested in 0.05% or 3,632 shares. The company has a current ratio of 0.21, a quick ratio of 0.16 and a debt-to-equity ratio of 0.32. Moreover, Huntington Natl Bank has 0.02% invested in Carnival Corporation (NYSE:CCL). Putnam Investments reported 0% in Carnival Corporation (NYSE:CCL). Winfield Assocs reported 651 shares stake. The stock increased 0.17% or $0.11 during the last trading session, reaching $65.52. STATE STREET CORP owned 2.97% of The Chemours Company (CC) worth $235.39 million at the end of the most recent reporting period.The investor is now holding 4,899,891 shares thanks to an increase of 141,148 new shares in their portfolio.

Carnival (NYSE:CCL) last issued its earnings results on Tuesday, December 19th. It has outperformed by 7.42% the S&P500. The cruise company's adjusted net income of $2.8 billion, which excludes unrealized gains on fuel derivatives, however, was up from the adjusted net income of $2.6 billion in 2016. Crystal Rock Capital Management who had been investing in Carnival Corp for a number of months, seems to be bullish on the $47.74 billion market cap company. The North America segment includes Carnival Cruise Line, Holland America Line, Princess, and Seabourn. It has a 18.55 P/E ratio.