The stock market is going straight up. The longer the rally goes on, the more confident traders tend to become. In this environment, almost anything seems possible. The good times will keep rolling, and everything will turn out well in the end. However, the market can pull the rug out from under folks just when things are at peak sentiment. Just think back to 2022, when the bottom suddenly fell out of SPACs, EV companies, meme stocks, and other former outperformers. This is to say that while the party is st ...

The the stock of cruise operator has risen by 0.96% in the past month, leading the Consumer Discretionary sector's gain of 0.82% and undershooting the S&P 500's gain of 3.34%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.09 per share and a revenue of $16.24 billion, indicating changes of +63.81% and +16.82%, respectively, from the former year. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near fut ...

MIAMI, June 14, 2024 /PRNewswire/ -- It's time to gear up for weekend energy any day of the week. Royal Caribbean International officially welcomed the next big thing in vacations to the family: Utopia of the Seas. A celebration fit for the ultimate short getaway was had in Saint-Nazaire, France, as the Chantiers de l'Atlantique shipyard handed Royal Caribbean the keys to Utopia just five weekends before its July debut in Port Canaveral (Orlando), Florida. More than two years of construction culminated in t ...

SAINT-NAZAIRE, France, June 13, 2024 /PRNewswire/ -- The future of elevated travel at sea reached a major milestone today, as construction commenced for Celebrity Cruises' next ship, Celebrity Xcel. The keel laying ceremony at the Chantiers de l'Atlantique shipyard in Saint-Nazaire, France celebrated the momentous occasion for the latest and most elevated vessel in Celebrity's award-winning Edge Series ships. When she sets sail in the fall of 2025, Celebrity Xcel will connect guests to the breathtaking worl ...

Royal Caribbean (RCL) 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. Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Here at Zacks, we prioritize appraising the change in the ...

Royal Caribbean (RCL) closed the most recent trading day at $153.19, moving -1.42% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.27%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.88%. Investors should also pay attention to any latest changes in analyst estimates for Royal Caribbean. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisio ...

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. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. Growth Score VGM Score Investors c ...

While the ABR calls for buying Royal Caribbean, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Zacks Rank Should Not Be Confused With ABR support because of the vested interest of their employers, they mislead investors far more often than they guide. Should You Invest in RCL? Therefore, the Buy-equivalent ABR for Royal ...

MIAMI, June 6, 2024 /PRNewswire/ -- This World Oceans Day, Royal Caribbean Group (NYSE: RCL) is celebrating the oceans it sails by partnering with Inter Miami CF to sponsor six months' worth of coral restoration expeditions with Rescue a Reef. The citizen science program run by the University of Miami Rosenstiel School will help provide meaningful, hands-on opportunities for local South Florida communities to contribute to coral gardening and reef restoration. The collaborative efforts will result in over a ...

Have you been paying attention to shares of Royal Caribbean (RCL) ? Shares have been on the move with the stock up 5.4% over the past month. The stock hit a new 52-week high of $151.16 in the previous session. Royal Caribbean has gained 16.6% since the start of the year compared to the -1.9% move for the Zacks Consumer Discretionary sector and the 1% return for the Zacks Leisure and Recreation Services industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surpr ...