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CCL - Carnival Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, Jun 28, 2016.

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  1. StockJock-e

    StockJock-e Brew Master
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    Carnival Corporation operates as a leisure travel and cruise company in North America, Europe, Australia, and Asia. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. The company operates 99 cruise ships. It also owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, which owns and operates 11 hotels or lodges, approximately 300 motor coaches, and 20 glass-domed railcars. In addition, the company is involved in the leasing of cruise ships. It sells its cruises primarily through travel agents and tour operators. Carnival Corporation was incorporated in 1972 and is headquartered in Miami, Florida. Carnival Corporation operates as a subsidiary of Carnival Corporation & Plc.

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  2. StockJock-e

    StockJock-e Brew Master
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    Carnival Corp.'s stock CCL, +4.56% surged 4.5% in morning trade Tuesday, after the cruise operator reported fiscal second-quarter profit and revenue that rose above expectations. For the quarter ended May 31, earnings increased to $605 million, or 80 cents a share, from $222 million, or 29 cents a share, in the same period a year ago.
     
  3. Broody

    Broody New Member

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    This is a great kicking off the earnings season. :rolleyes:. We will see what sell in May will us pay.:p
     
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  4. T0rm3nted

    T0rm3nted Moderator
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    Gave back just about everything today and ended the day at only +0.21%
     
  5. StockJock-e

    StockJock-e Brew Master
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    Im going to take some Sep 47 calls here, looking for a breakout this time instead of a bounce lower again.

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  6. T0rm3nted

    T0rm3nted Moderator
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    Upcoming dividend information:

    Ex-Div-Date
    : 11/22/16
    Payment Date: 12/16/16
    Dividend: $0.35
    Current Price: $49.82
    Annual Yield: 2.81%
     
  7. StockJock-e

    StockJock-e Brew Master
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    CCL coming out with good numbers this morning, stock up premarket
     
  8. bigbear0083

    bigbear0083 Content Manager
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    looks like brand spanking new ATHs here at the open
     
  9. T0rm3nted

    T0rm3nted Moderator
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    What a beautiful channel

    upload_2017-6-25_15-47-41.png
     
  10. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Carnival Cruise from hell:

    <iframe width="1354" height="519" src="" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>
     
  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    All this time I never knew "(A) Current Affair" was still around.

    Sad that people want to fight even when they are surrounded by buffets.

     
  12. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    ^ :D

    Could be a good buying opportunity after the dust settles. The point and figure counts shows about another 31% to 37% of upside.
    upload_2018-2-19_10-50-17.png
     
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  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    See if this support ~63 holds, otherwise it's in a downchannel. That resistance ~66 held nicely.
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Held support at $63, and the bounce has now gone through the declining tops line.
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  15. T0rm3nted

    T0rm3nted Moderator
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    Pretty strong daily support dating all the way back to last June.

    upload_2018-5-20_6-7-35.png
     
    bigbear0083 likes this.
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah even with gas prices going up, this has held support.. Has higher margins than the airline companies, so that distinguishes it from other travel businesses. People have great things to say about cruises. Such as the entertainers; not necessarily people were wowed by them but they were there, compared to a little screen with pre-recorded entertainment on an airplane. The buffets, which once again not the greatest thing ever but compare favorably against what you get from airplanes.
     
  17. T0rm3nted

    T0rm3nted Moderator
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    I'm expecting this to bounce off resistance here, especially with the new push to "boycott" carnival cruises (I believe it's carnival) because of the mass amounts of pollution they got caught doing. The news is a week old, but with resistance right here, I won't be expecting a breakout.

    upload_2019-6-12_7-24-38.png
     
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  18. T0rm3nted

    T0rm3nted Moderator
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    Down well over 10% since I posted this a month ago.

    upload_2019-7-9_10-37-6.png
     
  19. bigbear0083

    bigbear0083 Content Manager
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    Dividend Stock Spotlight: Calmer Waters Ahead for Carnival Cruise Lines (CCL)?
    Tue, Feb 11, 2020

    There are few groups that have gotten hit harder from the 2019-nCov virus than the major cruise lines like Carnival (CCL), Royal Caribbean Cruises (RCL), and Norwegian Cruise Line (NCLH). Each of these stocks put in place a recent high on January 17th but have fallen dramatically since then. In the immediate days following that date, the first US cases were confirmed, and the first travel restrictions and other precautionary measures like airport screenings began to be put in place. Since then, each of these three stocks has fallen by double-digit percentages with the biggest loser being CCL which at yesterday's close was down 19.5% since 1/17 alone.

    The reason for CCL's outsized declines compared to its peers is in part due to the fact that it has already confirmed cases of the virus aboard one of its ships which may not come as that big of a surprise considering CCL has the largest fleet of these three companies; as such, it would naturally have a higher probability of being exposed to the virus.

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    Despite a reprieve today with the stock up over 3%, the recent declines for CCL come in the context of a much longer downtrend that has been in place since early 2018. Over the course of the past two years, the 200-day moving average has acted as stiff resistance for the stock with the only significant break above that level being a fake-out in September 2018. More recently, though, there has been another after a solid response to earnings in December sent CCL surging. CCL held above these levels, successfully retesting the 200-day and putting in a higher high over the next few weeks with the 50-DMA even catching up and crossing above the 200-DMA. That is until coronavirus fears sank the stock back below both moving averages creating an overall mixed technical picture. Now at very oversold levels, CCL has the potential to sail back up to last month's highs if the worst of the coronavirus fears is behind us and the negative headlines subside. On the downside, any break below last year's low just above $40 would negate any of the technical positives that CCL has achieved over the last several weeks.

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    Adding to the reasons CCL could see a rebound is its attractive valuation. CCL is the largest cruise liner stock by market cap ($25.8 billion) and fleet size (over 100 ships). Despite its size, compared to RCL and NCLH it has the lowest price-to-earnings, price-to-book, price-to-sales, and EV/EBITDA. As shown in the charts below, the P/E and P/S ratios are now around their lowest level of the past decade. Although it is not quite at the same extreme, the P/B ratio is similarly at the low end of the past decade's range. Finally, CCL is also a very high yielder with a dividend yield of 4.8%. That is not only larger than those of the other cruise lines but is also the seventh-highest yield of the S&P 500's Consumer Discretionary stocks. Carnival has consistently paid this dividend over the past ten years and appears capable of continuing to do so going forward given the payout ratio is remains healthy at just 46%.

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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I bought this way too early, in at 48.83, down 12% now :p :mad:
     

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