Key Takeaways:
- Royal Caribbean Cruises (RCL, Financial) is set to announce its first-quarter earnings on April 29th, with expectations of significant growth in EPS and revenue.
- Wall Street is optimistic, with analysts setting an average target price of $268.43, suggesting a potential 24.86% upside.
- Despite optimistic brokerage recommendations, GuruFocus estimates highlight a potential downside based on the GF Value.
Anticipated Earnings Announcement
Royal Caribbean Cruises (RCL) is poised to reveal its first-quarter earnings on April 29th. Analysts are projecting an earnings per share (EPS) of $2.53, marking a substantial 42.9% increase compared to the previous year. Revenue is expected to reach $4.02 billion, reflecting an 8.6% rise. Impressively, RCL has consistently surpassed EPS forecasts over the past two years, underscoring its robust performance.
Wall Street Analysts Forecast
In a review of one-year price targets from 22 analysts, the average target price for Royal Caribbean Group (RCL, Financial) stands at $268.43. This is accompanied by a high estimate of $330.00 and a low of $220.00. The average target suggests a promising upside of 24.86% from the current trading price of $214.99. For more detailed forecast data, visit the Royal Caribbean Group (RCL) Forecast page.
Brokerage Recommendations and GF Value
According to consensus recommendations from 28 brokerage firms, Royal Caribbean Group (RCL, Financial) holds an average recommendation of 2.0, indicating an "Outperform" status. This recommendation operates on a scale from 1 to 5, wherein 1 represents a Strong Buy and 5 suggests a Sell.
However, when we turn to GuruFocus estimates, the estimated GF Value for Royal Caribbean Group (RCL, Financial) in one year is $177.55. This estimation indicates a potential downside of 17.41% from the present price of $214.99. The GF Value is GuruFocus' estimate of the stock's fair trading value, calculated based on its historical trade multiples, past business growth, and future performance estimates. Additional detailed information can be accessed on the Royal Caribbean Group (RCL) Summary page.
