Here’s Why Carnival (CCL) Fell More Than Broader Market
From Nasdaq: 2025-06-11 17:45:00
Carnival (CCL) closed at $23.87, down -2.61%, underperforming the S&P 500. Expectations are high for its upcoming earnings release, with estimates of $0.23 EPS and $6.2 billion in revenue, showing positive growth trends. Analyst revisions and Zacks Rank suggest potential stock price performance. In terms of valuation, Carnival trades at a discount compared to its industry peers with a Forward P/E of 13.19 and PEG ratio of 0.58. The Leisure and Recreation Services industry has a Zacks Industry Rank of 85, indicating strength within the sector. A top stock pick highlighted by Zacks’ Research Chief shows promise for significant growth potential in the satellite-based communications industry, with analysts projecting substantial revenue growth.
Read more at Nasdaq: Here’s Why Carnival (CCL) Fell More Than Broader Market