Royal Caribbean Cruises (NYSE:RCL) Price Target Cut to $355.00 by Analysts at Susquehanna

Royal Caribbean Cruises (NYSE:RCL) had its price target decreased by analysts at Susquehanna from $372.00 to $355.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has a “positive” rating on the stock. Susquehanna’s target price points to a potential upside of 25.67% from the company’s previous close.

A number of other brokerages have also issued reports on RCL. Truist Financial raised their price target on shares of Royal Caribbean Cruises from $297.00 to $298.00 and gave the stock a “hold” rating in a report on Thursday, September 24th. BMO Capital Markets reaffirmed an “outperform” rating and set a $370.00 price objective on shares of Royal Caribbean Cruises in a research note on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft raised shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and upped their price objective for the company from $299.00 to $330.00 in a research note on Monday, September 28th. Weiss Ratings upgraded shares of Royal Caribbean Cruises from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $350.23.

Royal Caribbean Cruises Stock Performance

Shares of RCL stock opened at $282.50 on Tuesday. The company has a market capitalization of $75.55 billion, a P/E ratio of 17.46, a PEG ratio of 0.98 and a beta of 1.82. Royal Caribbean Cruises has a fifty-two week low of $222.22 and a fifty-two week high of $356.39. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The stock has a 50 day moving average price of $273.03 and a two-hundred day moving average price of $281.99.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The firm had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter last year, the business earned $4.38 earnings per share. The business’s revenue was up 6.5% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Analysts expect that Royal Caribbean Cruises will post 17.79 earnings per share for the current year.

Insider Activity

In other news, CEO Michael Bayley sold 12,811 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the transaction, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 6.44% of the company’s stock.

Institutional Investors Weigh In On Royal Caribbean Cruises

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RCL. BlackRock Inc. purchased a new stake in shares of Royal Caribbean Cruises during the 2nd quarter valued at about $6,549,422,000. Primecap Management Co. CA purchased a new position in shares of Royal Caribbean Cruises during the second quarter valued at approximately $669,804,000. Jupiter Topco LLC bought a new position in Royal Caribbean Cruises during the second quarter valued at approximately $597,350,000. Legal & General Group Plc bought a new position in Royal Caribbean Cruises during the second quarter valued at approximately $413,449,000. Finally, Bank of New York Mellon Corp bought a new position in Royal Caribbean Cruises during the second quarter valued at approximately $381,271,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company’s principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.