Royal Caribbean Cruises (NYSE:RCL) Price Target Raised to $381.00 at Mizuho

Royal Caribbean Cruises (NYSE:RCL) had its price target hoisted by equities researchers at Mizuho from $378.00 to $381.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Mizuho’s price target indicates a potential upside of 37.14% from the stock’s current price.

Several other research analysts also recently issued reports on the company. Wall Street Zen downgraded Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Stifel Nicolaus reduced their price objective on Royal Caribbean Cruises from $400.00 to $380.00 and set a “buy” rating on the stock in a research note on Tuesday. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, October 28th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Friday, October 31st. Finally, Truist Financial decreased their target price on Royal Caribbean Cruises from $333.00 to $321.00 and set a “hold” rating for the company in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $326.23.

Royal Caribbean Cruises Stock Performance

Shares of RCL opened at $277.82 on Thursday. The company’s 50 day simple moving average is $275.75 and its 200-day simple moving average is $305.73. Royal Caribbean Cruises has a 12-month low of $164.01 and a 12-month high of $366.50. The company has a current ratio of 0.16, a quick ratio of 0.14 and a debt-to-equity ratio of 1.67. The firm has a market cap of $75.76 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 0.74 and a beta of 1.94.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.68 by $0.07. The company had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a net margin of 23.33% and a return on equity of 44.68%. Royal Caribbean Cruises’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $5.20 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. As a group, equities analysts predict that Royal Caribbean Cruises will post 14.9 EPS for the current year.

Royal Caribbean Cruises declared that its board has authorized a stock repurchase plan on Wednesday, December 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Insider Activity at Royal Caribbean Cruises

In related news, Director Maritza Gomez Montiel sold 1,100 shares of Royal Caribbean Cruises stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total transaction of $309,936.00. Following the completion of the sale, the director owned 14,234 shares of the company’s stock, valued at approximately $4,010,571.84. This trade represents a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 6.95% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RCL. Opal Wealth Advisors LLC bought a new position in Royal Caribbean Cruises in the second quarter worth $27,000. SRH Advisors LLC bought a new stake in Royal Caribbean Cruises during the 4th quarter worth about $28,000. 1 North Wealth Services LLC bought a new stake in shares of Royal Caribbean Cruises during the second quarter valued at approximately $31,000. Evolution Wealth Management Inc. acquired a new stake in shares of Royal Caribbean Cruises in the 2nd quarter valued at $31,000. Finally, Trust Co. of Toledo NA OH bought a new stake in Royal Caribbean Cruises during the 2nd quarter worth about $32,000. Institutional investors and hedge funds own 87.53% of the company’s stock.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel‑agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.