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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 34770.02. 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 46.38 (with a change from open of 0.06%), this in conjunction with a target price of 212.9. Volume today has so far reached 1909300, with an average volume of about 4674.99. The GAP for this stock, is -0.75%.

The P/E ratio is 14.31, bringing the forward P/E to a value of 12.38. The current EPS for Carnival Corporation, is 3.26, 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 -12.47%.

Looking further into the growth statistics for Carnival Corporation, EPS is looking like it will grow 12.17% in the next year. Looking even further it is projected to be 16.33%. Quarter over quarter is 23.80% for EPS growth and for sales growth quarter over quarter it is 4.40%. 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 82.40%. Shares outstanding is 744.54, while shares float is at a value of 411.15. Float short for Carnival Corporation is 4.96% and the short ratio is 4.36.

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 42.60% and their operating margin is 18.50%. The profit margin is 15.10%.

Carnival Corporation has seen returns on assets of 6.20%, and on investment, 7.80%. Return on equity is 10.60%. Price/Earnings to growth ratio is 0.88. Price/Sales ratio is at a value of 2.15, with Price/book ratio coming to 1.5 and Price/cash is 75.26, and finally Price/Free cash Flow is 38.21.

The simple moving averages are -0.78% and -2.32% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -15.08% and the 52 week low is 16.88%.

Carnival Corporation has a dividend yield of 3.00%, with a current price of 46.38. The ability to pay this means the payout ratio is 39.70%. 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 -4.24%, with performance for the month coming to 2.34%. Looking at the data for the quarter it is at a value of 1.56%, and for the half year the performance is -3.80%. Volatility for this week is 1.53% and for the month this is 1.83%.

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.

About the author

Peter Clarke

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