Carnival Cruise Lines (CCL - Free Report) is getting back to business as usual
The company is on pace to restart over 50% of its fleet by October
By December, the company plans to return 65% of capacity
Carnival stock was up over 5% on the news September 23rd
Carnival shares are up 15% YTD and over 80% the last full year
The stock is still trading well below its all-time high of $72.70
The Zacks Consensus Estimate for the current year is a $6.06 loss per share
Next year, analysts estimate the company will return to profitability
Revenues are forecast to be $17.54 billion next year
Current year forecast calls for just $2.74 billion in revenue
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Carnival Cruise Lines (CCL - Free Report) is getting back to business as usual
The company is on pace to restart over 50% of its fleet by October
By December, the company plans to return 65% of capacity
Carnival stock was up over 5% on the news September 23rd
Carnival shares are up 15% YTD and over 80% the last full year
The stock is still trading well below its all-time high of $72.70
The Zacks Consensus Estimate for the current year is a $6.06 loss per share
Next year, analysts estimate the company will return to profitability
Revenues are forecast to be $17.54 billion next year
Current year forecast calls for just $2.74 billion in revenue
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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