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Estimates in Focus for Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL)

admin 5 years ago 27

Many investors will be carefully reviewing company earnings results when they are released to the public. They will most likely be keeping a close eye on how the actual results stack up to Wall Street analyst estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is resting at 4.37 for shares of Royal Caribbean Cruises Ltd. (NYSE:RCL). The number consists of projections offered by 7 contributing analysts. For the last quarter, the company posted a quarterly EPS of 2.54.

Investors are frequently on the search for the secret to creating that winning portfolio. Many individual investors would agree that information is highly important when picking stocks. Possessing the correct information about a public company is of the utmost importance. Knowing how to interpret the information is another skill investors may need to master before becoming fully immersed in the stock market. Taking the time to properly examine a company before purchasing shares may be the difference between healthy profits and disappointing losses. If a company looks good after the research is complete, patience may still be desirable. Often times, a good stock will continue to be good in the future. Dealing with market volatility is normal, but exploring all aspects of a company may be a good way to combat day to day volatility.

Shifting the focus to some possible support and resistance levels on shares of Royal Caribbean Cruises Ltd. (NYSE:RCL), we note that the 52-week high is currently $132.14, and the 52-week low is currently $89.48. When shares are trading near to the 52-week high or 52-week low, investors may be watching for a break through either level. Investors may also be watching historical price action. Over the past 12 weeks, the stock has moved -12.1%. Going back to the start of the year, we can see that shares have moved 6.64%. Over the last 4 weeks, shares have seen a change of -8.57%. Over the last 5 trading days, the stock has moved -2.57%. Checking in on recent session activity, we have seen that the stock has been trading near the $104.28 mark.

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Looking further at shares of Royal Caribbean Cruises Ltd. (NYSE:RCL), we have noticed that the current consensus target price is $142.08. Wall Street analysts have the ability to create price target estimates for where they think the stock will be moving in the near-term. Because price target projections can differ from one analyst to the next, they may span a wide range of values. Many investors will closely track target prices, and they tend to pay extra close attention when analysts make revisions to those targets.

Wall Street analysts often give buy/sell/hold ratings for the companies that they track. Investors have the ability to view these sell-side ratings in order to help with their own stock research. Analyst ratings may have different interpretations. According to analysts polled by Zacks Research, the current average broker rating on shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) is 1.62. This rating uses a scale between 1 and 5. Following this scale, a rating of 1 would represent a Strong Buy, and a rating of 5 would indicate a Strong Sell recommendation. Out of all these analysts offering ratings, 9 have rated the stock a Strong Buy or Buy, according to Zacks Research.

Investors are frequently on the search for the secret to creating that winning portfolio. Many individual investors would agree that information is highly important when picking stocks. Possessing the correct information about a public company is of the utmost importance. Knowing how to interpret the information is another skill investors may need to master before becoming fully immersed in the stock market. Taking the time to properly examine a company before purchasing shares may be the difference between healthy profits and disappointing losses. If a company looks good after the research is complete, patience may still be desirable. Often times, a good stock will continue to be good in the future. Dealing with market volatility is normal, but exploring all aspects of a company may be a good way to combat day to day volatility.

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