Three investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company. Royal Caribbean Cruises Ltd(NYSE:RCL) opened the session at $89.96, trading in a range of $89.67-$91.21, and closed at $91.15. The rating by the firm was issued on August 3, 2015. A high PEG ratio means that the company’s stock is trading at a high price relative to its earnings growth potential.
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The company has received a recommendation from many analysts. Royal Caribbean Cruises Ltd. (NYSE:RCL): On Friday heightened volatility was witnessed in Royal Caribbean Cruises Ltd. (NYSE:RCL) which led to swings in the share price. Underperform rating was given by 1 analyst. After trading began at $91.97 the stock was seen hitting $92.68 as a peak level and $91.7 as the lowest level.
Royal Caribbean Cruises Ltd (NYSE:RCL) (TREND ANALYSIS) shares were traded with a significant increase in volume. The 52-week low of the share price is at $52.32. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.09.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Pres&CEO, Azamara Club Cruises) of Royal Caribbean Cruises Ltd, Pimentel Lawrence R had sold 7,000 shares worth of $637,000 in a transaction dated August 7, 2015. The Company possesses various brands, such as Royal Caribbean global, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises.
In related news, Director William K. Reilly sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The remaining shorts are 4.3% of the total floated shares. The company shares have rallied 50.01% in the past 52 Weeks.
The Royal Suite Class will be available on sailings from May 2016 onboard Royal Caribbean’s Oasis and Quantum-class ships, Anthem of the Seas, Quantum of the Seas, Allure of the Seas, and Oasis of the Seas. Collectively, these six brands manage a combined 43 boats in the cruise vacation industry spots with an aggregate capacity of about 105,750 The boats of the Firm operate on a selection of itineraries that call at approximately 480 destinations on all seven continents.
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“The new Royal Suite Class redefines luxury at sea with exceptional experiences that discriminating travelers will appreciate”, said Michael Bayley, president and CEO, Royal Caribbean global.
