Core Viewpoint - Carnival (CCL) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Recent Performance and Projections - For the fiscal year ending November 2025, Carnival is expected to earn $1.77 per share, reflecting a 24.7% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Carnival has risen by 6.5%, indicating a positive trend in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating [9][10]. - The upgrade of Carnival to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Core Viewpoint - Shares of cruise lines experienced significant declines following comments from Commerce Secretary Howard Lutnick regarding potential tax crackdowns on the industry [1]. Group 1: Industry Impact - Lutnick highlighted that cruise ships do not display American flags and suggested that they do not pay taxes, indicating a potential shift in regulatory scrutiny under the Trump administration [1]. - The comments have led to a notable drop in stock prices for major cruise lines, with Carnival shares falling by 9% and Royal Caribbean shares plunging by 11% [2].

Proceeds from the offering of senior unsecured notes to be used to redeem $1.0 billion 10.500% senior unsecured notes due 2030  MIAMI, Feb. 18, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") priced its private offering (the "Notes Offering") of $1.0 billion aggregate principal amount of 5.750% senior unsecured notes due 2030 (the "Notes"). The Company expects to use the net proceeds from the Notes Offering, together with c ...

MIAMI, Feb. 18, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") commenced a private offering (the "Notes Offering") of new senior unsecured notes in an aggregate principal amount of $1.0 billion, expected to mature in 2030 (the "Notes"), to refinance the Company's $1.0 billion 10.500% senior unsecured notes due 2030 (the "2030 Unsecured Notes"), expecting to reduce interest expense. In addition, the indenture that will gove ...

Valentine’s Day isn’t just about chocolates and roses — it’s also a day when certain businesses get a love boost. Consumers spend big on gifts, dinner dates, getaways, and experiences, making it the perfect time to look at stocks that stand to benefit.According to a survey by the National Retail Federation, Americans are expected to spend a record $27.5 billion on Valentine’s Day this year, up from $25.8 billion in 2024 as well as the previous record of $27.4 billion in 2020. Now, this means big business fo ...

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Transaction included redemption of $2.03 billion 10.375% Senior Priority Notes  MIAMI, Feb. 7, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") has closed its previously announced private offering (the "Notes Offering") of $2.0 billion aggregate principal amount of 6.125% senior unsecured notes due 2033 (the "Notes"). The Company used the net proceeds from the Notes Offering, together with cash on hand, to redeem the $2.03 b ...

Carnival (CCL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this cruise operator have returned +13.5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The Zacks Leisure and Recreation Services industry, to which Carnival belongs, has gained 6.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Z ...

Don't want to spend a fortune and break the bank on investing in growth stocks? The ones listed here all cost less than $100. Even if you can't make a big lump sum investment, you can add steadily to your position over time, resulting in a much larger balance in the future.If you're looking for cheap growth stocks to buy, three you'll want to consider today are Novo Nordisk (NVO 3.76%), Carnival (CCL 0.37%), and Zoom Communications (ZM -0.22%). Here's why these stocks have a lot of upside.Novo NordiskShares ...