Royal Caribbean Cruises Ltd. stock performance trend indicates that the stock price has rallied 16.08% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 30.49% . Looking at the past 52 week period, the stock price is up at 26% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Royal Caribbean Cruises Ltd. has a positive value of 20.97 compared to overall market.Royal Caribbean Cruises Ltd. is having a Relative Strength Index of 66.64 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Royal Caribbean Cruises Ltd. (NYSE:RCL) has climbed 0.57% in the past week and advanced 2.72% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.33% and the outperformance has advanced to 1.55% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Royal Caribbean Cruises Ltd. (NYSE:RCL) : On Friday heightened volatility was witnessed in Royal Caribbean Cruises Ltd. (NYSE:RCL) which led to swings in the share price. The stock opened for trading at $97.01 and hit $98.46 on the upside , eventually ending the session at $97.8, with a gain of 0.84% or 0.81 points. The heightened volatility saw the trading volume jump to 1,697,638 shares. The 52-week high of the share price is $98.46 and the company has a market cap of $21,008 million. The 52-week low of the share price is at $64.95 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Royal Caribbean Cruises Ltd was Upgraded by Argus to Buy on Jan 30, 2017. Company shares were Reiterated by Wedbush on Jan 27, 2017 to Outperform, Raises Price Target to $ 106 from a previous price target of $88 .Company shares were Reiterated by Stifel on Jan 27, 2017 to Buy, Raises Price Target to $ 109 from a previous price target of $100 .Company shares were Reiterated by JP Morgan on Jan 26, 2017 to Neutral, Raises Price Target to $ 102 from a previous price target of $78 .Royal Caribbean Cruises Ltd was Downgraded by Goldman to Sell on Jan 19, 2017.
Company has reported several Insider transactions to the SEC, on Mar 2, 2017, Lawrence R Pimentel (Pres&CEO, Azamara Club Cruises) sold 9,000 shares at 97.30 per share price.On Feb 28, 2017, Henry L Pujol (SVP, Chief Accounting Officer) sold 10,437 shares at 95.84 per share price.On Feb 17, 2017, Bradley H Stein (SVP, GC & ChiefComplianceOff) sold 861 shares at 96.68 per share price.
Royal Caribbean Cruises Ltd Last issued its quarterly earnings results on Jan 26, 2017. The company reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.21. The company had revenue of $1909.60 million for the quarter, compared to analysts expectations of $1965.34 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.94 EPS.
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 worlds largest glass-domed railcars.