Royal Caribbean Cruises (NYSE:RCL) Upgraded at TD Cowen

Royal Caribbean Cruises (NYSE:RCL) was upgraded by investment analysts at TD Cowen to a “strong-buy” rating in a note issued to investors on Tuesday, Zacks reports.

Other analysts have also recently issued research reports about the stock. Weiss Ratings cut shares of Royal Caribbean Cruises from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. Morgan Stanley increased their target price on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 18th. Wells Fargo & Company boosted their price target on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Truist Financial decreased their price objective on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $353.40.

Royal Caribbean Cruises Trading Down 0.5%

NYSE:RCL opened at $258.51 on Tuesday. The stock has a 50-day simple moving average of $293.18 and a 200-day simple moving average of $285.95. The stock has a market cap of $69.14 billion, a P/E ratio of 15.98, a P/E/G ratio of 0.93 and a beta of 1.74. Royal Caribbean Cruises has a 1 year low of $232.10 and a 1 year high of $356.39. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.23. The business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company earned $4.38 EPS. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. As a group, analysts anticipate that Royal Caribbean Cruises will post 17.78 earnings per share for the current fiscal year.

Insider Buying and Selling at Royal Caribbean Cruises

In related news, CEO Michael Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer directly owned 45,297 shares in the company, valued at $14,313,399.03. This trade represents a 22.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 6.44% of the company’s stock.

Institutional Trading of Royal Caribbean Cruises

Several hedge funds have recently modified their holdings of the business. TD Asset Management Inc boosted its position in Royal Caribbean Cruises by 29.7% during the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock worth $244,797,000 after purchasing an additional 201,014 shares during the period. Dougherty & Associates LLC purchased a new stake in shares of Royal Caribbean Cruises in the fourth quarter worth about $10,827,000. North Dakota State Investment Board acquired a new stake in shares of Royal Caribbean Cruises in the fourth quarter valued at about $2,424,000. Capital International Sarl raised its holdings in shares of Royal Caribbean Cruises by 19.3% during the 4th quarter. Capital International Sarl now owns 363,713 shares of the company’s stock valued at $101,447,000 after buying an additional 58,734 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at about $2,027,000. 87.53% of the stock is owned by institutional investors and hedge funds.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group’s principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.