In today’s session Royal Caribbean Cruises Ltd (RCL) registered an unusually high (523) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious RCL increase. With 523 contracts traded and 13374 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: RCL161021C00075000 closed last at: $1.81 or 13.4% down. About 1.16 million shares traded hands. Royal Caribbean Cruises Ltd (NYSE:RCL) has risen 0.05% since March 2, 2016 and is uptrending. It has underperformed by 8.20% the S&P500.
Analysts await Royal Caribbean Cruises Ltd (NYSE:RCL) to report earnings on October, 28. They expect $3.11 EPS, up 9.51% or $0.27 from last year’s $2.84 per share. RCL’s profit will be $675.33 million for 6.02 P/E if the $3.11 EPS becomes a reality. After $1.09 actual EPS reported by Royal Caribbean Cruises Ltd for the previous quarter, Wall Street now forecasts 185.32% EPS growth.
Royal Caribbean Cruises Ltd (NYSE:RCL) Ratings Coverage
Out of 17 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 13 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 76% are positive. Royal Caribbean Cruises Ltd. has been the topic of 28 analyst reports since August 3, 2015 according to StockzIntelligence Inc. As per Wednesday, February 3, the company rating was maintained by Susquehanna. Zacks upgraded Royal Caribbean Cruises Ltd (NYSE:RCL) on Wednesday, August 5 to “Hold” rating. The rating was upgraded by Pareto Securities to “Hold” on Wednesday, January 27. The stock has “Outperform” rating given by Wolfe Research on Wednesday, November 18. The firm has “Outperform” rating by Wedbush given on Wednesday, February 3. As per Tuesday, October 4, the company rating was initiated by Macquarie Research. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) earned “Equal-Weight” rating by Morgan Stanley on Thursday, May 26. Goldman Sachs maintained the shares of RCL in a report on Tuesday, April 26 with “Buy” rating. The firm earned “Equal-Weight” rating on Tuesday, January 5 by Morgan Stanley. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has “Buy” rating given on Tuesday, October 27 by Argus Research.
According to Zacks Investment Research, “Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, and Royal Celebrity Tours. Royal Celebrity Tours operates cruise tour vacations in Alaska utilizing the world’s largest glass-domed railcars.”
Insitutional Activity: The institutional sentiment decreased to 1.03 in 2016 Q2. Its down 0.13, from 1.16 in 2016Q1. The ratio fall, as 68 funds sold all Royal Caribbean Cruises Ltd shares owned while 144 reduced positions. 68 funds bought stakes while 150 increased positions. They now own 152.06 million shares or 0.52% more from 151.28 million shares in 2016Q1.
Us Fincl Bank De accumulated 0.03% or 116,042 shares. Tiger Mgmt accumulated 238,500 shares or 5.17% of the stock. Moreover, Alliancebernstein Lp has 0.02% invested in Royal Caribbean Cruises Ltd (NYSE:RCL) for 302,879 shares. Channing Mgmt Lc holds 0.82% of its portfolio in Royal Caribbean Cruises Ltd (NYSE:RCL) for 290,608 shares. Keybank Association Oh holds 11,607 shares or 0.01% of its portfolio. Kbc Group Nv accumulated 0.22% or 227,284 shares. Thomas White Limited has 0.17% invested in the company for 17,015 shares. California State Teachers Retirement System has 0.05% invested in the company for 366,756 shares. The Texas-based Teacher Retirement Sys Of Texas has invested 0.02% in Royal Caribbean Cruises Ltd (NYSE:RCL). Primecap Ca owns 7.72M shares or 0.55% of their US portfolio. Aviva Public Ltd Liability has 0.04% invested in the company for 91,834 shares. Hartford Invest has 40,268 shares for 0.06% of their US portfolio. Md Sass Investors owns 883,334 shares or 2.9% of their US portfolio. Calamos Limited Liability Corporation accumulated 0.02% or 36,799 shares. Canada Pension Plan Inv Board, a Ontario – Canada-based fund reported 54,500 shares.
Insider Transactions: Since August 3, 2016, the stock had 2 insider buys, and 2 insider sales for $706,116 net activity. On Friday, August 5 Lutoff-Perlo Lisa sold $505,555 worth of the stock or 6,790 shares. Bayley Michael W sold $865,864 worth of stock. On Thursday, August 18 the insider Sorensen Vagn O bought $77,550. $2.00 million worth of Royal Caribbean Cruises Ltd (NYSE:RCL) shares were bought by Fain Richard D.
Royal Caribbean Cruises Ltd. is a cruise company. The company has a market cap of $16.26 billion. The Firm owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises. It has a 21.43 P/E ratio. It operates approximately 23 ships with an aggregate capacity of approximately 68,600 berths under its Royal Caribbean International brand, offering cruise itineraries that range from 2 to 24 nights.
RCL Company Profile
Royal Caribbean Cruises Ltd., incorporated on July 23, 1985, is a cruise company. The Firm owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises. Together, these brands operate approximately 44 ships in the cruise vacation industry with an aggregate capacity of approximately 110,900 berths. The Company’s ships operate on a selection of itineraries that call on approximately 480 destinations on all the continents.
More notable recent Royal Caribbean Cruises Ltd (NYSE:RCL) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Deutsche Bank Contingent, Royal Caribbean Cruises and …” on September 23, 2016, also Nasdaq.com with their article: “Royal Caribbean Cruises Ltd. (RCL) Ex-Dividend Date Scheduled for September 27 …” published on September 26, 2016, Benzinga.com published: “Royal Caribbean’s Reduced Guidance Causes Argus Analysts To Jump Ship” on September 07, 2016. More interesting news about Royal Caribbean Cruises Ltd (NYSE:RCL) were released by: Reuters.com and their article: “BRIEF-Royal Caribbean Cruises Ltd raises dividend twenty-eight percent” published on September 19, 2016 as well as Benzinga.com‘s news article titled: “Carnival Cruise Lines Could Be A Better Play On Oil Than Its Peers” with publication date: October 04, 2016.
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