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Royal Caribbean Posting Strong Gain After Raising Dividend

Many analysts are providing their Estimated Earnings analysis for Royal Caribbean Cruises Ltd. and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $3.13/share. Part of the data in this report is derived from Zacks Research and FactSet.

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Gilead Sciences Inc. (NASDAQ:GILD) announced the pricing of senior unsecured notes in an aggregate principal amount of $5 billion, in an underwritten, registered public offering, consisting of five tranches: $500 million of 1.950% senior notes maturing in 2022 $750 million of 2.500% senior notes maturing in 2023, $1,250 million of 2.950% senior notes maturing in 2027, $750 million of 4.000% senior notes maturing in 2036, $1,750 million of 4.150% senior notes maturing in 2047. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.

Analysts are expecting that the company to achieve $92.27 Price Target in next 52-weeks, average price is come up through the consensus of analysts. While take a short look on price to sales ratio, that was 1.77 and price to earning ratio of 19.58 attracting passive investors. Analyst forecasts, earnings estimates and price target projections are issued to help their clients make money through stock investments. 3 rated the company as a “Hold”. The firm’s revenue for the quarter was up 2.3% compared to the same quarter previous year.

02/17/2016 – Royal Caribbean Cruises Ltd. had its “positive” rating reiterated by analysts at Susquehanna. The shares were acquired at an average cost of $68.52 per share, for a total transaction of $2,000,098.80.

During last 5 trades the stock sticks nearly 1.20%. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. With an institutional ownership near 75.2%, it carries an earnings per share ratio of 1.79. The disclosure for this purchase can be found here. Following the transaction, the director now owns 18,871 shares of the company’s stock, valued at $1,330,405.50.

02/17/2016 – Royal Caribbean Cruises Ltd. had its “buy” rating reiterated by analysts at SunTrust. Suvretta Capital Management LLC acquired a new position in shares of Royal Caribbean Cruises during the first quarter worth $78,724,000.

Royal Caribbean Cruises Ltd.is a cruise company.

Royal Caribbean Cruises Ltd.is a cruise company. Looking over the last month situation it was ranked as “Buy” by 5 analysts. Institutional investors and hedge funds own 75.28% of the company’s stock.

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04/14/2016 – Royal Caribbean Cruises Ltd. had its “buy” rating reiterated by analysts at Nomura. The company’s institutional ownership is monitored at 77.5%.

Steering Attention Towards Earnings; Analysts Weigh in on Royal Caribbean Cruises Ltd. (NYSE:RCL) Stock