Monitoring recent stock price movement on shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) we have recorded the stock price at $120.99. Investors may be intently tracking price activity on the stock over the next few sessions, and looking for any signs of a possible shift in momentum. Let’s focus in on some historical trading information. Over the last 12 week period, the stock has moved 10.24%. Rewinding to the start of the year, we note that shares have seen a change of 23.72%. Over the past 4 weeks, shares have seen a change of 2.73%. Over the last 5 trading periods, the stock has moved 1.72%. Focusing on the important historic stock price levels can help keep the investors directed down the right path. After a recent check, we can see that the 52-week high is currently 132.14, and the 52-week low is presently 89.48.
Investing in the stock market will always involve some level of risk. Investors often have to determine how much they are willing to risk, and try to project what the potential reward could be. Taking on too much risk may put the average investor out of their comfort zone. Finding that sweet spot for risk appetite may help investors get on the correct path to conquering the markets. As companies continue to report quarterly earnings, investors will be watching which companies post larger than expected surprises. Analysts will also be watching the numbers closely in order to make sense of the results and update estimates accordingly.
Looking at some analyst views on shares of Royal Caribbean Cruises Ltd. (NYSE:RCL), we note that the consensus target price is resting at $139.92. This is the consensus target using estimates provided by the covering analysts polled. Sell-side analysts often produce target estimates for the companies that they track closely. Price target estimates can be calculated using various methods, and this may cause some analyst estimates to be drastically different than others. Many investors will track stock target prices, especially when analysts update the target price projections.
Investors might be paying attention to what Wall Street analysts think about shares of Royal Caribbean Cruises Ltd. (NYSE:RCL). Taking a peek at the current consensus broker rating, we can see that the ABR is 1.43. This average rating is provided by Zacks Research. This simplified numeric scale spans the range of one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 indicates a Hold and 4-5 represents a consensus Sell rating. In terms of the number of analysts that have the stock rated as a Buy or Strong Buy, we can see that the number is currently 11.
Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for Royal Caribbean Cruises Ltd. (NYSE:RCL) is 2.51. This EPS estimate consists of 7 Wall Street analysts taken into consideration by Zacks Research. For the previous reporting period, the company posted a quarterly EPS of 1.53. Sell-side analysts often provide their best researched estimates at what the company will report. These estimates hold a lot of weight on Wall Street and the investing community. Sometimes these analyst projections are spot on, and other times they are off. When a company reports actual earnings results, the surprise factor can cause a stock price to fluctuate. Investors will often pay added attention to a company that has beaten estimates by a large margin.
Investors might be looking to rebuild the portfolio as we move into the second half of the year. New investors can be tempted to try to maximize returns by owning one specific sector or be exposed to a fairly large single investment. By diversifying the portfolio, investors might be able to protect themselves from a sudden move against the position. Finding the correct portfolio balance is how many investors choose to approach the markets. This may take some time to master, and there may be some bumps along the way. Investors managing their own money may want to make sure that they know exactly what stocks are in the portfolio at all times. Keeping tabs on portfolio performance can also be a good way to make sure that it is weighted properly.