Royal Caribbean Cruises Ltd. (RCL) Hit a 52 Week High, Can the Run Continue?

Zacks10-29 21:15

Have you been paying attention to shares of Royal Caribbean (RCL)? Shares have been on the move with the stock up 14.8% over the past month. The stock hit a new 52-week high of $207.7 in the previous ...

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The stock hit a new 52-week high of $207.7 in the previous ...</p>\n\n<a href=\"https://finance.yahoo.com/news/royal-caribbean-cruises-ltd-rcl-131507379.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Royal Caribbean Cruises Ltd. 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(RCL) Hit a 52 Week High, Can the Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-29 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/royal-caribbean-cruises-ltd-rcl-131507379.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Have you been paying attention to shares of Royal Caribbean (RCL)? Shares have been on the move with the stock up 14.8% over the past month. The stock hit a new 52-week high of $207.7 in the previous ...</p>\n\n<a href=\"https://finance.yahoo.com/news/royal-caribbean-cruises-ltd-rcl-131507379.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4108","symbol_name":"电影和娱乐","start_time":0,"source_url":"https://finance.yahoo.com/news/royal-caribbean-cruises-ltd-rcl-131507379.html","article_id":"2479282792","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/26ddEdIk.0DefsBmi91u3Q--~B/aD01OTg7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/21b1f011539d3e31c28282071d344177"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479282792","pubTimestamp":1730207707,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Have you been paying attention to shares of Royal Caribbean ?Shares have been on the move with the stock up 14.8% over the past month. The stock hit a new 52-week high of $207.7 in the previous session. Royal Caribbean has gained 57.2% since the start of the year compared to the 5.3% move for the Zacks Consumer Discretionary sector and the 12.9% return for the Zacks Leisure and Recreation Services industry.The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 29, 2024, Royal Caribbean reported EPS of $5.2 versus consensus estimate of $5.05.For the current fiscal year, Royal Caribbean is expected to post earnings of $11.62 per share on $16.43 billion in revenues. This represents a 71.64% change in EPS on a 18.24% change in revenues. For the next fiscal year, the company is expected to earn $13.55 per share on $17.89 billion in revenues. This represent","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4108":"电影和娱乐","BK4585":"ETF&股票定投概念","RCL":"皇家加勒比邮轮","BK4588":"碎股","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","CNK":"喜满客影城","BK4566":"资本集团","BK4142":"酒店、度假村与豪华游轮","BK4517":"邮轮概念"},"translate_title":"皇家加勒比游轮有限公司(RCL)创52周新高，涨势能否持续？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNK":1,"RCL":1},"content_text":"Have you been paying attention to shares of Royal Caribbean (RCL)? Shares have been on the move with the stock up 14.8% over the past month. The stock hit a new 52-week high of $207.7 in the previous session. Royal Caribbean has gained 57.2% since the start of the year compared to the 5.3% move for the Zacks Consumer Discretionary sector and the 12.9% return for the Zacks Leisure and Recreation Services industry.\nWhat's Driving the Outperformance?\nThe stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 29, 2024, Royal Caribbean reported EPS of $5.2 versus consensus estimate of $5.05.\nFor the current fiscal year, Royal Caribbean is expected to post earnings of $11.62 per share on $16.43 billion in revenues. This represents a 71.64% change in EPS on a 18.24% change in revenues. For the next fiscal year, the company is expected to earn $13.55 per share on $17.89 billion in revenues. This represents a year-over-year change of 16.58% and 8.88%, respectively.\nValuation Metrics\nRoyal Caribbean may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.\nOn this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.\nRoyal Caribbean has a Value Score of B. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.\nIn terms of its value breakdown, the stock currently trades at 17.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 19.6X. On a trailing cash flow basis, the stock currently trades at 15.4X versus its peer group's average of 9.6X. Additionally, the stock has a PEG ratio of 0.58. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.\nZacks Rank\nWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Royal Caribbean currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.\nSince we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Royal Caribbean passes the test. Thus, it seems as though Royal Caribbean shares could have a bit more room to run in the near term.\nHow Does RCL Stack Up to the Competition?\nShares of RCL have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Cinemark Holdings Inc (CNK). CNK has a Zacks Rank of # 2 (Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of B.\nEarnings were strong last quarter. Cinemark Holdings Inc beat our consensus estimate by 357.14%, and for the current fiscal year, CNK is expected to post earnings of $1.48 per share on revenue of $3.01 billion.\nShares of Cinemark Holdings Inc have gained 5.5% over the past month, and currently trade at a forward P/E of 19.84X and a P/CF of 9.68X.\nThe Leisure and Recreation Services industry is in the top 41% of all the industries we have in our universe, so it looks like there are some nice tailwinds for RCL and CNK, even beyond their own solid fundamental situation.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nRoyal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report\nCinemark Holdings Inc (CNK) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479282792"}