Carnival (CCL) closed at $31.90, up 2.08% from the previous day, outperforming the S&P 500, Dow, and Nasdaq. Shares rose 5.11% in the last month, surpassing the Consumer Discretionary sector and S&P 500. Earnings are expected to grow 3.15% with an EPS of $1.31 and revenue of $8.05 billion.

Analysts predict Carnival’s full-year earnings to increase by 40.85% and revenue by 5.86%. Recent analyst revisions reflect changing business trends and confidence in business performance. The Zacks Rank system, with Carnival currently at #2 (Buy), suggests potential stock price performance.

Carnival’s Forward P/E ratio of 15.62 is below the industry average of 22.12. The PEG ratio of 0.7 indicates undervaluation. The Leisure and Recreation Services industry has an average PEG ratio of 1.13 and Zacks Industry Rank of 176, placing it in the bottom 29% of industries. Top industries outperform lower-ranked ones by 2 to 1.

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Read more at Nasdaq: Carnival (CCL) Laps the Stock Market: Here’s Why