Home / Street Sector / Stocks having Bumpy Ride for the Day: Carnival Corporation (NYSE:CCL), L Brands, Inc. (NYSE:LB)

Stocks having Bumpy Ride for the Day: Carnival Corporation (NYSE:CCL), L Brands, Inc. (NYSE:LB)

Following previous ticker characteristics, Carnival Corporation (NYSE:CCL) also run on active notice, stock price knocked up 0.52% after traded at $46.47 in most recent trading session. Fathom, Carnival Corporation’s (NYSE:CCL) 10th and newest cruise brand, announced its “Agents of Possibility” campaign for travel professionals. Featuring a full range of limited-time early-booking offers for agency clients on 2017 sailings to Cuba and the Dominican Republic, the program also includes opportunities for agents to earn points toward valuable prizes.  Every month, two lucky agents registered for the program will be awarded a trip for two on a future Fathom Dominican Republic sailing.

Vice president of sales for Fathom, Ron Fenska stated that throughout the campaign, we will award two agents per month with the gift of a Fathom cruise they can pass on to a client they feel deserves new possibilities. He added “Every day travel professionals deal in a world of possibilities, helping to open up the world to their clients through amazing travel experiences. Fathom believes in the potential of travel to create meaningful connections with people and places in the world and we want to give our travel professional partners the opportunity to feel the joy of sharing this experience with someone special.”

CCL has price to earnings ratio of 16.06 and the price to current year EPS stands at 44.30%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 14.47%. The earning yield also gives right direction to lure investment, as the co has 3.01% dividend yield. Moving toward ratio analysis, it has current ratio of 0.20 and quick ratio was calculated as 0.20. The debt to equity ratio appeared as 0.41 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 1.91% for a week and 1.51% for a month. The price volatility’s Average True Range for 14 days was 0.81. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.10 out of 1-5 scale with week’s performance of 3.59%. CCL’s institutional ownership was registered as 80.60%, while insider ownership was 0.10%.

L Brands, Inc. (NYSE:LB) persists its position slightly strong in context of buying side, while shares price raised 0.63% during latest trading session.

Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. LB holds price to earnings ratio of 17.63 that presents much better indication for a stock’s value than the market price alone. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue. With reference to all theories, earning yield also gives right direction to lure investment, as LB has 3.34% dividend yield.

Narrow down focus to other ratios, the co has current ratio of 1.60 that indicates if LB lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 1.00, which indicates firm has sufficient short-term assets to cover its immediate liabilities.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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