Royal Caribbean Cruises Ltd.'s (RCL) stock is trading at a discount compared with the Zacks Leisure and Recreation Services industry. With a forward 12-month Price/Earnings ratio of 13.5x, it sits below the industry average of 16.88x and the Consumer Discretionary sector's 17.6x. The stock's performance has been stellar, soaring 91.3% in the past year. The metric outpaced the industry's 21.3% rise and the S&P 500's 31.1% appreciation. During the same period, the Consumer Discretionary sector advanced just 1 ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...

The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has advanced 8.3% as of Sept. 18. However, with interest rates about to be brought down by the Fed, the sector looks potentially lucrative. Usually, when the economy expands, discretionaries do well. Yet, while inflation has been coming down and the GDP advance estimate for second-quarter 2024 has shown that the economy is on the right path, recent reports f ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

MIAMI, Sept. 16, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has priced its private offering of $1.5 billion aggregate principal amount of 5.625% senior unsecured notes due 2031 (the "Notes"). The aggregate principal amount of Notes to be issued was increased from the previously announced offering size of $1.0 billion. The Notes will mature on September 30, 2031. The Notes are expected to be issued on or around September 26, 2024, subject to customar ...

MIAMI, Sept. 16, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has commenced a private offering of $1.0 billion aggregate principal amount of senior unsecured notes due 2031 (the "Notes"). The Company intends to use the proceeds from the sale of the Notes to redeem and/or repay certain of its indebtedness, including, but not limited to, (i) to redeem all of its outstanding 7.250% Senior Notes due 2030, after which the Company will have no remaining gua ...

Alan Morris Bulls Chasing After Cruise Ships As peak summer travel season winds down, I thought it would be fitting to cover the travel and tourism sector so in today's article I'm exploring a stock I've never covered before, Royal Caribbean Cruises (NYSE:RCL). To summarize from its SA profile, the Miami-based company operates worldwide and has 65 ships under brands like Royal Caribbean Intl, Celebrity Cruises, and Silversea Cruises. For starters, let's see where this stock is today as of this article writi ...

Royal Caribbean (RCL) closed at $167.96 in the latest trading session, marking a +1.44% move from the prior day. This move outpaced the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.72%, while the techheavy Nasdaq added 0.65%. Prior to today's trading, shares of the cruise operator had gained 3.31% over the past month. This has lagged the Consumer Discretionary sector's gain of 10.09% and the S&P 500's gain of 4.86% in that time. The investment community will be closely monitoring the performan ...

Royal Caribbean (RCL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, RCL crossed above the 20-day moving average, suggesting a short-term bullish trend. The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages. Sim ...

Royal Caribbean (RCL) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, RCL broke through the 50-day moving average, which suggests a short-term bullish trend. One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up or ...