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 $136.73, up 0.04% from the previous day, and has increased 119.08% in one year. It has overperformed other stocks in the Travel Services industry by 0.85 percentage points. Royal Caribbean Cruises stock is currently +130.3% from its 52-week low of $59.37, and -3.51% from its 52-week high of $141.70.
As of Apr 24, 2024, there are 256.65M shares of RCL outstanding. The market value of RCL is $35.09B. In the last 24 hours, 2.99M 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 an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide 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 selected.
- Put funds into your investment account: Pick your payment method and add your details.
- 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 market analysis tools can help you decide 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 shares at a specific price.
- Get the latest news on your investment in RCL: Create a watchlist to key updates about your position in Royal Caribbean Cruises shares.
Step 1: Figure out where to buy Royal Caribbean Cruises stock
You need a brokerage account in order 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 right brokerage, you'll need to fill out some personal information so you can buy RCL stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've finished signing up on the best stock market app for beginners, you need to deposit funds:
Watch the walkthrough below if you need help transferring money 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 can comprehend the risk as well as the opportunity.
Royal Caribbean Cruises stock data
RCL Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on RCL's stock page.
Is RCL stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge RCL's fair value.
Using relative valuations methods:
- RCL could be undervalued based on its P/E ratio of 20.62x, relative to Travel Services industry P/E ratio of 32.29x
- RCL could be undervalued based on its P/B ratio of 7.43x, relative to Travel Services industry P/B ratio of 9.61x
You can access additional valuation research on RCL's stock here.
RCL Financial Summary
Pros:
- RCL profit margin has gone up from -24.4% to 12.2% in the past year.
- RCL's operating cash flow of $4.48B allows it to safely service it's debt of $22.13B.
Cons:
- Total RCL debt is higher than 5 years ago, relative to shareholder equity.
- RCL has a relatively high debt to equity ratio of 6.4.
- RCL earnings of $3.10B is not enough to cover its interest payments.
- 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 Royal Caribbean Cruises stock a Buy, Hold, or Sell, according to analysts?
Out of 13 Wall Street analysts who give forecasts on RCL, the consensus analyst rating on RCL is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent RCL Analyst Upgrades/Downgrades
Steven Wieczynski, a top 17% analyst from Stifel Nicolaus maintains RCL with a strong buy rating and raises their RCL price target from $170.00 to $174.00, on Feb 22, 2024.
Stifel Nicolaus's Steven Wieczynski raised their price target on Royal Caribbean Cruises (NYSE: RCL) by 2.4% from $170 to $174 on 2024/02/22. The analyst maintained their Strong Buy rating on the stock.
Wieczynski's price target hike followed Royal Caribbean Cruises' 2024/02/21-dated FY 2024 guidance update, noting that the company "just provided its initial FY guidance on 2024/02/01."
The analyst believes that the most recent guide should "put to bed" any negative theories about cruise demand and price weakness.
"2024 might see several beats and increases once again," Wieczynski predicted.
Footnotes
Management's FY 2024 updated guidance:
- EPS of $9.90 to $10.10, up from the prior $9.50 to $9.70.
President & CEO Jason Liberty commented: "Since our last earnings call, robust demand for our vacation experiences has significantly exceeded our initial expectations.
"As a result, we are increasing our 2024 guidance on a stronger revenue outlook, and we expect to achieve all Trifecta goals in 2024."
Trifecta refers to Royal Caribbean Cruises' multi-year Adjusted EBITDA per APCD (Available Passenger Cruise Days), EPS, and ROIC end-of-2025 goals that management announced in 2022/11. Under the Trifecta Program, management targets to achieve Adjusted EBITDA per APCD of at least $100, EPS of at least $10, and ROIC of 13%+.
Robin Shoemaker, a top 41% analyst from UBS maintains RCL with a strong buy rating and raises their RCL price target from $148.00 to $154.00, on Feb 16, 2024.
Jamie Rollo, a bottom 12% analyst from Morgan Stanley maintains RCL with a hold rating and raises their RCL price target from $100.00 to $115.00, on Feb 7, 2024.
Christopher Stathoulopoulos, a top 15% analyst from Susquehanna maintains RCL with a strong buy rating and raises their RCL price target from $120.00 to $150.00, on Jan 31, 2024.
John Staszak, a top 16% analyst from Argus Research maintains RCL with a strong buy rating and raises their RCL price target from $95.00 to $142.00, on Dec 21, 2023.
You can dig deeper into what analysts are saying on the Royal Caribbean Cruises stock forecast page.
RCL Technical Indicators
How are RCL Revenues/Earnings doing?
Last year, RCL earnings were $1.70B. Over the last 5 year, RCL's earnings have gone up by -5.07% per year. This was slower than the Travel Services industry average of 48.82%.
Last year, RCL revenue was $13.90B. During the last five year, RCL's revenue has gone up by 7.92% per year. This was slower than the Travel Services industry average of 11.35%.
You can analyze RCL's earnings and revenue performance here.
What are RCL executives and large shareholders up to?
In the last year, insiders at RCL have sold more shares than they have bought.
Michael W. Bayley, PresCEO Royal Caribbean Intl of RCL, was the latest RCL insider to sell. They sold $4,329,705.30 worth of RCL stock on Mar 24, 2024.
Research more about who owns RCL stock here.
Can I get consistent income from RCL stock?
No, Royal Caribbean Cruises doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your RCL trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your investment in RCL
Now that you own some shares in RCL, you'll want to stay up-to-date on your new shares.
Add RCL to a watchlist to track your RCL stock.
RCL Feed
How to Buy Stock in Royal Caribbean Cruises
To reiterate, here are the 6 steps to buy 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 online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Royal Caribbean Cruises, create a watchlist on WallStreetZen today.
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