Is Royal Caribbean Stock a Buy, Sell or Hold at a 13.5x P/E?
Royal Caribbean Cruises .(RCL) ZACKS·2024-09-23 22:56
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 ...