Royal Caribbean (RCL, $90.71) to resume Caribbean sailings in June
Cruise-ship company Royal Caribbean announced that it planned to resume Caribbean sailings in June, starting from the Bahamas.
Royal Caribbean is planning to include seven-night cruises onboard Adventure of the Seas from its new homeport, Nassau, Bahamas, with visits to its private island CocoCay, Grand Bahama and Cozumel, Mexico.
The company said that people can start booking their cruises March 24 and set sail from June 12.
Michael Bayley, president and CEO of Royal Caribbean International, said in a statement, "The vaccines are clearly a game changer for all of us, and with the number of vaccinations and their impact growing rapidly, we believe starting with cruises for vaccinated adult guests and crew is the right choice. As we move forward, we expect this requirement and other measures will inevitably evolve over time".
The cruise liner will follow safety measures such as requiring a negative PCR COVID-19 test result before arrival, testing upon arrival into the country, and filling out appropriate entry forms.
Nevertheless, Royal Caribbean's suspension of most of its global fleet through May 31 remains, excluding sailings onboard Quantum, Spectrum, Voyager, and Odyssey of the Seas.
RCL's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for RCL turned positive on November 06, 2024. Looking at past instances where RCL's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RCL advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 309 cases where RCL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RCL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
RCL broke above its upper Bollinger Band on November 11, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. RCL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.634) is normal, around the industry mean (13.138). P/E Ratio (22.276) is within average values for comparable stocks, (55.221). Projected Growth (PEG Ratio) (0.646) is also within normal values, averaging (1.802). Dividend Yield (0.000) settles around the average of (0.053) among similar stocks. P/S Ratio (2.862) is also within normal values, averaging (22.119).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
an operator of a fleet of cruise ships
Industry OtherConsumerServices