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Carnival Corporation (NYSE: CCL) – Is this large market cap stock undervalued?

Carnival Corporation (NYSE: CCL), is firmly in the large market cap category with market cap of 36138.66. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Carnival Corporation is 48.78 (with a change from open of 0.39%), this in conjunction with a target price of 213.38. Volume today has so far reached 6648300, with an average volume of about 4904.83. The GAP for this stock, is 0.50%.

The P/E ratio is 16.86, bringing the forward P/E to a value of 12.82. The current EPS for Carnival Corporation, is 2.89, with a EPS growth for this year coming to a value of 44.30%. Performance has been interesting with performance year to date coming to -8.57%.

Looking further into the growth statistics for Carnival Corporation, EPS is looking like it will grow 13.79% in the next year. Looking even further it is projected to be 16.10%. Quarter over quarter is 182.30% for EPS growth and for sales growth quarter over quarter it is 3.20%. Looking at past EPS growth statistics we see that for the past five years it has been -1.80%. Sales growth for the past five years has in fact been 1.70%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 80.50%. Shares outstanding is 740.85, while shares float is at a value of 424.44. Float short for Carnival Corporation is 4.70% and the short ratio is 4.07.

In terms of debt, long term debt/equity is 0.36, while the total debt/equity comes to 0.41. The ability to meet these debts, means that the current ratio is 0.2, and the quick ratio is 0.2. The most recent gross margin is 42.30% and their operating margin is 18.40%. The profit margin is 14.00%.

Carnival Corporation has seen returns on assets of 5.70%, and on investment, 7.80%. Return on equity is 9.50%. Price/Earnings to growth ratio is 1.05. Price/Sales ratio is at a value of 2.27, with Price/book ratio coming to 1.61 and Price/cash is 69.63, and finally Price/Free cash Flow is 37.84.

The simple moving averages are 5.62% and 2.34% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -10.68% and the 52 week low is 22.93%.

Carnival Corporation has a dividend yield of 2.87%, with a current price of 48.78. The ability to pay this means the payout ratio is 43.10%. This is in an industry, Resorts & Casinos, with equally high dividends from other companies in this sector, which it is Services. Carnival Corporation is based in USA.

Performance in the Resorts & Casinos industry means that Carnival Corporation has seen performance for the past week of 6.46%, with performance for the month coming to 3.39%. Looking at the data for the quarter it is at a value of 10.50%, and for the half year the performance is 3.90%. Volatility for this week is 2.74% and for the month this is 1.93%.

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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