Royal Caribbean Cruises (RCL) in Focus: Stock Gains 5.5% - Tale of the Tape
Royal Caribbean Cruises Ltd. (RCL) was a big mover last session, as the company saw its shares rise over 5% on the day. The upside was driven by the company’s announcement that it has entered into an agreement with Meyer Werft in Germany to order a fourth Quantum-class ship for delivery in 2019. This led to more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $66.69 to $68.69 since May 4, 2015.
None of the estimates for this leisure and recreation services company were revised over the past 7 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Royal Caribbean Cruises currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is International Speedway Corp. (ISCA), which carries a Zacks Rank #2 (Buy).
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ROYAL CARIBBEAN (RCL): Free Stock Analysis Report
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