How to Buy Royal Caribbean Cruises Stock
Royal Caribbean Cruises Ltd
Royal Caribbean Cruises is a travel company located in Florida, United States, which is part of the Industrials sector, and is traded under the ticker RCL on the NYSE exchange.
Royal Caribbean Cruises stock last closed at $195.69, up 1.08% from the previous day, and has increased 119.38% in one year. It has overperformed other stocks in the Travel Services industry by 0.78 percentage points. Royal Caribbean Cruises stock is currently +149.76% from its 52-week low of $78.35, and -0.19% from its 52-week high of $196.07.
There are currently 257.42M RCL shares outstanding. The market cap of RCL is $50.37B. In the last 24 hours, 2.16M RCL shares were traded.
How to Buy Royal Caribbean Cruises Stock
Wondering how to invest in Royal Caribbean Cruises stock? Here's how.
- Figure out where to buy Royal Caribbean Cruises stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Royal Caribbean Cruises stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select your payment method and add your information.
- Analyze Royal Caribbean Cruises stock: The Royal Caribbean Cruises ticker symbol is RCL. Is Royal Caribbean Cruises stock a good investment? Should you buy shares of RCL? How do RCL's underlying business fundamentals look? Do top analysts think Royal Caribbean Cruises is a good buy? Why has RCL's stock price moved recently? (Hint: Our stock research website can help you understand if RCL is a good stock to buy).
- Place your RCL trade: Decide if you will purchase RCL shares at the current market price or use a limit order to buy RCL stock at a particular price.
- Get the latest news on your investment in RCL: Create a watchlist to important updates regarding your position in Royal Caribbean Cruises stock.
Step 1: Figure out where to buy Royal Caribbean Cruises stock
You need an online brokerage account to access the NYSE market and buy RCL stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you can invest in RCL stock today.
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Step 3: Put funds into your investment account
Now that you have finished signing up on the best stock app to use, you need to deposit funds:
Check out the video below for more details depositing funds into your new brokerage account.
Step 4: Analyze Royal Caribbean Cruises stock
Once you have chosen the best place to buy Royal Caribbean Cruises stock, it's crucial to analyze their stock prior to investing, so you actually comprehend the risk as well as the opportunity.
Overview of key RCL info
RCL Zen Score
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on RCL's stock page.
What is the fair value of RCL stock?
Investors use many financial metrics, analyses, models, and charts to gauge RCL's true value.
Using relative valuations ratios:
- RCL could be undervalued based on its P/E ratio of 20.07x, relative to Travel Services industry P/E ratio of 23.17x
- RCL could be undervalued based on its P/B ratio of 8.38x, relative to Travel Services industry P/B ratio of 11.44x
- RCL could be overvalued based on its PEG ratio of 1.23x
You can do additional valuation analysis on RCL's stock here.
Is RCL a healthy company?
Pros:
- RCL profit margin has gone up from -0.5% to 16.3% in the past year.
- RCL has $391.00M in cash and short term investments. This is enough to cover its annual cash burn of $540.88M.
Cons:
- RCL has cash burn of 540876000. It does not have sufficient cash and short-term investments to cover this.
- RCL has a relatively high debt to equity ratio of 5.13.
- Total RCL debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the RCL balance sheet.
- There are more long-term liabilities than short-term assets on the RCL balance sheet.
Is RCL stock a Buy, Hold, or Sell, according to analysts?
Out of 15 Wall Street analysts who give recommendations on RCL, the consensus analyst rating on RCL is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest RCL Analyst Recommendations
Ivan Feinseth, a top 4% analyst from Tigress Financial maintains RCL with a buy rating and raises their RCL price target from $155.00 to $210.00, on Aug 2, 2024.
Robin M. Farley, a top 5% analyst from UBS maintains RCL with a strong buy rating and raises their RCL price target from $168.00 to $183.00, on Jul 31, 2024.
Paul Golding, a top 27% analyst from Macquarie maintains RCL with a buy rating and raises their RCL price target from $165.00 to $189.00, on Jul 30, 2024.
Christopher Stathoulopoulos, a top 6% analyst from Susquehanna maintains RCL with a strong buy rating and raises their RCL price target from $160.00 to $180.00, on Jul 30, 2024.
Susquehanna's Christopher Stathoulopoulos raised their price target on Royal Caribbean Cruises (NYSE: RCL) by 12.5% from $160 to $180 on 2024/07/30. The analyst maintained their Strong Buy rating on the stock.
Post the 2024/07/25 release of Royal Caribbean Cruises' Q2 2024 earnings, Stathoulopoulos said that Susquehanna "continues to see a constructive fundamental set-up for the stock into FY 2025 supported by new technology and a differentiated portfolio of destinations."
The analyst added that their firm does acknowledge that "concerns about the health of the consumer remain."
Earnings Report
For Q2 2024, Royal Caribbean Cruises reported:
- EPS of $3.21, which beat the Thomson Reuters consensus estimate of $2.75 and, by 76.4%, Q2 2023's $1.82.
- Revenue of $4.11B, up 6.7% from Q2 2023's $3.523B.
For FY 2024, management guided:
- EPS of $11.35 to $11.45.
President & CEO Jason Liberty commented: "Our momentum continues!
"We met our financial targets 18 months earlier than expected, have our balance sheet in a strong position, reinstated our dividend, and ... we are just getting started.
"Exceptional demand for our vacation experiences has accelerated our performance by generating significant yield growth over the past several years.
"As we look forward, we remain intensely focused on driving strong shareholder returns by delivering a lifetime of vacations and taking a greater share of the rapidly growing $1.9Bglobal vacation market.
"This is underpinned by our formula for future success – disciplined growth and moderate yield growth while controlling our costs."
Ben Chaiken, a top 26% analyst from Mizuho maintains RCL with a buy rating and raises their RCL price target from $168.00 to $195.00, on Jul 26, 2024.
You can dig deeper into what analysts are projecting on the Royal Caribbean Cruises stock forecast page.
Metrics for Advanced RCL Traders
RCL Growth Numbers
Last year, RCL earnings were $2.50B. In the past five year, RCL's earnings have gone up by 2.03% per year. This was slower than the Travel Services industry average of 54.52%.
Last year, RCL revenue was $15.33B. During the last five year, RCL's revenue has gone up by 8.12% per year. This was slower than the Travel Services industry average of 28.6%.
Find out more about RCL's earnings and revenue performance here.
Who is buying/selling RCL?
Over the past 12 months, executives and large shareholders at RCL have sold more shares than they have bought.
Laura H. Bethge, President Celebrity Cruises of RCL, was the latest RCL insider to sell. They sold $518,445.83 worth of RCL shares on Aug 29, 2024.
Learn more about who owns RCL shares here.
Does RCL provide a stable income stream?
Royal Caribbean Cruises pays a dividend of 0.2%, compared to the Travel Services industry's average dividend yield of 1.69%. If you owned $1,000 of RCL stock, you would have been paid $2.04 last year.
Royal Caribbean Cruises dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Royal Caribbean Cruises dividend yield and history here.
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Step 5: Place your RCL trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and your broker will place your order.
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Step 6: Get the latest news on your investment in RCL
Now that you own some RCL shares, you'll want to stay up-to-date on your investment.
Put RCL on a watchlist to track the latest developments regarding your RCL stock.
RCL Feed
How to Buy Stock in Royal Caribbean Cruises
To summarize, here are the 6 steps for buying Royal Caribbean Cruises stock:
- Figure out where to buy Royal Caribbean Cruises stock
- Sign up for a brokerage account
- Put funds into your investment account
- Analyze Royal Caribbean Cruises stock
- Place your RCL trade
- Get the latest news on your investment in RCL
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Royal Caribbean Cruises, add RCL to your watchlist by clicking the button below.
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