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Is this Large Market Cap Stock target price reasonable for Carnival Corporation (NYSE:CCL)?

The company in question is, Carnival Corporation (NYSE:CCL) currently with a stock price of 45.87 (-1.12% today). The market cap for Carnival Corporation is 35596.5, and is in the sector Services, and Resorts & Casinos industry. The target price for Carnival Corporation is 56.33. Currently Carnival Corporation is trading with a P/E of 15.85, and a forward P/E of 11.94. Average volume for Carnival Corporation is 4721.84 and so far today it is 5280800.

Performance in the last year for Carnival Corporation has been -3.69%. For EPS growth, Carnival Corporation has seen a growth of 44.30%, and is looking to grow in the next year to 14.93%. More long term stats show that EPS growth has been -1.80% over the last five years and could be 16.10% for the next five years. Carnival Corporation has seen sales growth quarter over quarter at 3.20%, with EPS growth quarter over quarter at 182.30%. The 20-day simple moving average is 0.37%, with the 200-day simple moving average coming to -4.35%.

Since the IPO date for Carnival Corporation on the 1/5/1989, Carnival Corporation has seen performance year to date to be -14.02%. With Carnival Corporation trading at 45.87, the dividend yield is 3.05%, and the EPS is 2.89.

So could Carnival Corporation, be undervalued? Well as said before P/E is 15.85. The PEG is 0.98, P/S is 2.23 and the P/B is at 1.51. The P/cash is 68.59, with P/free cash flow at 37.27.

Carnival Corporation ability to deal with debt shows that the current ratio is 0.2, and the quick ratio is 0.2. This is with long term debt/equity at 0.36, and total debt/equity at 0.41.

In terms of margins, Carnival Corporation has a gross margin of 42.30%, an operating margin of 18.40% and a profit margin of 14.00%.Payout ratio for Carnival Corporation is 43.10%. Return on assets come to 5.70% with return on investment coming to 7.80%.

Insider ownership for Carnival Corporation, is at 0.10% and institutional ownership comes to 80.60%. Outstanding shares are at 776.03. While shares float is 424.44. The float short is currently 3.96%, and short ratio is 3.56.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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