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Royal Caribbean Cruises Ltd. (RCL) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research·
Royal Caribbean Cruises Ltd. (RCL) Is a Trending Stock: Facts to Know Before Betting on It

Royal Caribbean (RCL) is a trending stock with mixed performance. The cruise operator has underperformed the S&P 500 over the past month (-1.9% vs -0.4%) and its industry has declined 11%. However, earnings estimates show modest growth with current year EPS expected at $17.79 (+13.8% YoY) and next year at $20.11 (+13.1% YoY). Revenue is projected to grow 9.2% and 6.9% for the current and next fiscal years respectively. The stock holds a Zacks Rank #3 (Hold) rating, suggesting it may perform in line with the broader market in the near term.

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