|Bid||50.52 x 1100|
|Ask||60.88 x 900|
|Day's Range||50.33 - 51.33|
|52 Week Range||39.36 - 59.71|
|Beta (3Y Monthly)||2.02|
|PE Ratio (TTM)||11.54|
|Earnings Date||Aug 7, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||67.06|
It's that time of the year again, when airfares rise, gasoline gets more expensive and Americans descend on travel hotspots for their summer vacations. Whether you're a beachcomber or a theme park junkie, blue skies and warm air call to us all. But the weird thing is, the stocks of many travel-related companies aren't playing along.This comes as a shock given the ebullient attitude on Wall Street these days, as the Federal Reserve does all it can to head off a trade-related economic slump with the promise of more cheap money stimulus. With stocks pushing towards new record highs, many travel stocks simply aren't playing along. * 7 Top S&P 500 Stocks of 2019 (So Far) Here are four names that are coming under pressure and should be sold or trimmed:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Travel Stocks to Sell: Carnival (CCL)Shares of Carnival Cruise Line (NYSE:CCL) dropped like a stone last week to test their late-December lows. They are still mired below their 50-day and 200-day moving averages. This continues a downtrend that has been in play since early 2018, when shares topped near the $69-a-share level. This followed the issuance of downside guidance from management driven by "ongoing geopolitical and macroeconomic headwinds."The company will next report results on Sept. 19 before the bell. When it last reported results on June 20, earnings of 66 cents per share beat estimates by five cents on an 11% rise in revenues. Analysts at Barclays recently downgraded the stock and lowered their price target. Norwegian Cruise Line Holdings (NCLH)Shares of Norwegian Cruise Line Holdings (NYSE:NCLH) fell back below their 200-day moving average Friday. That completed a six-month topping pattern and risks a return to its late-December low. Such a move would be worth a loss of more than 20% from here. * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 The company will next report results on Aug. 8 before the bell. Analysts are looking for earnings of $1.31 per share on revenues of $1.6 billion. When the company last reported on May 9, earnings of 83 cents per share beat estimates by 12 cents on an 8.5% rise in revenues. Royal Caribbean Cruises (RCL)Shares of Royal Caribbean Cruises (NYSE:RCL) are falling in sympathy with the guidance downgrade issued by Carnival, with a particular focus on the U.S. government's travel policy change regarding Cuba. Analysts at Stifel are reportedly defending the stock on this issue, but a break below the 200-day moving average looks likely now.The company will next report results on Aug. 1 before the bell. Analysts are looking for earnings of $2.46 per share on revenues of $2.8 billion. When the company last reported on May 1, earnings of $1.31 per share beat estimates by 20 cents on a 20.3% rise in revenues. Southwest Airlines (LUV)Shares of Southwest Airlines (NYSE:LUV) are once again moving below their 50-day moving average, setting up another retest of the lows set in late March and again in late May. Shares are already down more than 22% from the highs set in late 2017 and look vulnerable to a move back to the December low near $44. Shares have been under pressure as a result of the grounding of Boeing's (NYSE:BA) 737 MAX aircraft. * 6 Stocks Ready to Bounce on a Trade Deal The company will next report results on July 25 before the bell. Analysts are looking for earnings of $1.35 per share on revenues of nearly $6 billion. When the company last reported on April 25, earnings of 70 cents per share beat estimates by eight cents on a 4.1% rise in revenues.As of this writing, William Roth did not have a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Telecom Stocks to Set on Speed Dial * 6 Stocks to Sell in the Back Half of 2019 * 7 Top S&P 500 Stocks of 2019 (So Far) Compare Brokers The post 4 Travel Stocks Under Pressure appeared first on InvestorPlace.
Carnival Corp (NYSE: CCL ) shares fell Friday in the wake of the cruise line's second-quarter report. The Analyst Wedbush analyst James Hardiman maintained a Neutral rating on Carnival and lowered the ...
Carnival's (CCL) top-line improvement in second-quarter fiscal 2019 can be attributed strength in passenger tickets, and onboard and other as well as tour and other businesses.
The Cuba cruise ban and technical problems with one of Carnival's ship are some of the reasons for the company's lower estimated earnings.
Carnival Corp cut its profit forecast for the year on Thursday, anticipating a hit from the Trump administration's sudden ban on cruises to Cuba and weakening demand in Europe over political uncertainty, sending its shares down over 7%. The company's profit warning also dragged down Carnival's rivals, Norwegian Cruise Line Holdings Ltd and Royal Caribbean Cruises Ltd, about 3%. Carnival is the latest company to warn of the financial impact of the U.S. ban on forms of recreational travel to the Caribbean island, a move that sent cruise operators scrambling to reroute their cruises, usually booked months in advance.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
The Norwegian Encore will debut this fall with a new restaurant concept onboard, the company revealed Tuesday. Norwegian Cruise Line (NYSE: NCHL) announced a collaboration with restaurant hospitality group LDV Hospitality to bring high-scale Italian restaurant Onda by Scarpetta to its newest ship. It will be one of the 34 venues aboard the cruise ship, which will set sail Nov. 24.
Miami-Dade County will consider a proposal from PortMiami to extend the maximum authorized budget for Norwegian Cruise Line Holding Ltd.'s upcoming Terminal B to $215 million from $165 million. The legislative item to be considered July 9 also states that construction of the terminal is taking longer than expected, and a future proposal will likely include an extension of the completion deadline. PortMiami staff expects to propose moving the deadline to May 29, 2020, but that proposal is not included in the agenda item.
Norwegian Cruise Line Holdings Ltd NYSE:NCLHView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for NCLH with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NCLH. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding NCLH totaled $13.30 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Norwegian Cruise Line (NCLH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Major cruise companies are telling investors how hard the ban on cruises to Cuba could hit their bottom lines. Norwegian Cruise Line Holdings Ltd. on Friday lowered its estimated earnings per share (EPS) for fiscal 2019, anticipating up to an 8% drop. Meanwhile, Royal Caribbean Cruises Ltd. expects about a 3% reduction in EPS.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
said adjusted earnings for fiscal 2019 will take a hit of 35 cents to 45 cents a share from the U.S. Treasury Department's decision to ban cruise travel to Cuba. "Our three brands are working diligently to accommodate the needs of our guests and travel partners as we quickly modify itineraries to meet the new Cuba travel regulations," said CEO Frank Del Rio. Earlier this week, analysts at Buckingham Research downgraded the stock to neutral from buy while also slashing their price target to $56 from $77 on concerns about the travel restrictions to Cuba.
Royal Caribbean Cruises Ltd (NYSE: RCL ) earlier this week commented on the U.S. government's policy change on travel to Cuba and adjusted earnings per share in the range of 25-35 cents, All U.S. cruise ...
Norwegian Cruise Line Holdings Ltd. (NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings”, “Norwegian” or the “Company”) today provided an update on the new Cuba travel regulations and the estimated financial impact to full year 2019 expected financial results. “Our three brands are working diligently to accommodate the needs of our guests and travel partners as we quickly modify itineraries to meet the new Cuba travel regulations,” said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “We share in the disappointment that comes with these changes especially on such short notice and sincerely appreciate the cooperation and understanding of our guests for this inconvenience.
Cruise companies were not surprised by the Trump administration's announcement that cruises from the U.S. to Cuba are once again banned, but the timing of its effect likely caught them off guard. Since the policy was announced Tuesday, cruise companies have scrambled to reroute voyages and refund guests who booked trips to the island. The move will likely cost South Florida-based companies such as Carnival Corp. (NYSE: CCL), Royal Caribbean Cruises Ltd. (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) tens of millions of dollars, cruise analyst David Beckel, of New York-based AB Bernstein, told the Business Journal.
dipped nearly 5% on Wednesday after an analyst at Buckingham Research downgraded his rating on the stock and slashed his one-year price target amid expectations the cruise company will suffer from recently imposed travel restrictions to Cuba. Shares of Norwegian Cruise Line dropped 4.53%, or $2.46, to $51.80 after Buckingham Research analyst Daniel McKenzie downgraded the company to neutral from buy, and also slashed his 12-month price target on the stock to $56 from $77. In a note to clients, McKenzie cited earnings growth risks related to travel restrictions to Cuba, specifically U.S. President Donald Trump's recent order to the U.S. State Department to ban cruise ships from going to Cuba because of the country's support of Venezuelan President Nicolas Maduro.
The Trump administration on Tuesday ended the most popular forms of U.S. travel to Cuba, banning cruise ships and a heavily used category of educational travel in an attempt to cut off cash to the island’s communist government.
The Trump administration imposed new orders on Tuesday that will bar U.S. cruise line travel to Cuba. Americans were previously allowed to visit Cuba on cruise ships via "people-to-people exchanges," which meant the trips were allowed under the 11 categories of travel approved by the Department of Treasury’s Office of Foreign Assets Control, even though the embargo was still in place.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...
Strong demand and modest capacity growth bode well for Norwegian Cruise (NCLH). However, high costs and debt burden are concerns.
The Internet of Things has now boarded Seattle's cruise ship industry. During a recent tour, Princess Cruises revealed just how much XIoT technology (X for the experiential) is packed into its Royal Princess OceanMedallion class ship.
Thousands of people rallied in Venice on Saturday to ban cruise ships from the city's lagoon. They protested almost a week after a ship hit a small boat before crashing into a pier after an engine failure. Critics say the Italian city's fragile underwater foundations are being damaged by the massive vessels. Here's Yahoo Finance's Seana Smith, Dan Roberts, Akiko Fujita and Melody Hahm to talk about the affect any ban could have on tourism.