Royal Caribbean Cruises (DB:RC8) - Stock Price, News & Analysis

RC8 Stock Overview

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide.

RC8 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	3/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 69.3% below our estimate of its fair value

Earnings are forecast to grow 18.48% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Significant insider selling over the past 3 months

Royal Caribbean Cruises Ltd. Competitors

TUI

XTRA:TUI1

€3.9b

Carnival Corporation &

NYSE:CCL

US$18.9b

Amadeus IT Group

BME:AMS

€25.1b

Hyatt Hotels

NYSE:H

US$15.9b

Price History & Performance

Summary of all time highs, changes and price drops for Royal Caribbean Cruises
Historical stock prices
Current Share Price	US$124.36
52 Week High	US$130.00
52 Week Low	US$53.84
Beta	2.53
1 Month Change	9.91%
3 Month Change	10.40%
1 Year Change	122.15%
3 Year Change	71.65%
5 Year Change	15.77%
Change since IPO	257.15%

Recent updates

Shareholder Returns

	RC8	DE Hospitality	DE Market
7D	-2.2%	10.5%	-1.3%
1Y	122.2%	4.5%	4.1%

Return vs Industry: RC8 exceeded the German Hospitality industry which returned 4.5% over the past year.

Return vs Market: RC8 exceeded the German Market which returned 4.1% over the past year.

Price Volatility

Is RC8's price volatile compared to industry and market?
RC8 volatility
RC8 Average Weekly Movement	4.3%
Hospitality Industry Average Movement	5.3%
Market Average Movement	4.7%
10% most volatile stocks in DE Market	9.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: RC8 has not had significant price volatility in the past 3 months.

Volatility Over Time: RC8's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	98,150	Jason Liberty	https://www.rclinvestor.com

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships.

Royal Caribbean Cruises Ltd. Fundamentals Summary

How do Royal Caribbean Cruises's earnings and revenue compare to its market cap?
RC8 fundamental statistics
Market cap	€32.23b
Earnings (TTM)	€1.57b
Revenue (TTM)	€12.83b

20.6x

P/E Ratio

2.5x

P/S Ratio

Is RC8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RC8 income statement (TTM)
Revenue	US$13.90b
Cost of Revenue	US$7.57b
Gross Profit	US$6.33b
Other Expenses	US$4.63b
Earnings	US$1.70b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	6.61
Gross Margin	45.54%
Net Profit Margin	12.21%
Debt/Equity Ratio	430.4%

How did RC8 perform over the long term?

See historical performance and comparison

RC8 Stock Overview

Rewards

Risk Analysis

Royal Caribbean Cruises Ltd. Competitors

XTRA:TUI1

€3.9b

NYSE:CCL

US$18.9b

BME:AMS

€25.1b

NYSE:H

US$15.9b

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: EPS: US$6.63 (vs US$8.46 loss in FY 2022)

Insider recently sold €1.3m worth of stock

Royal Caribbean Cruises Ltd. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2024

Full year 2023 earnings released: EPS: US$6.63 (vs US$8.45 loss in FY 2022)

Now 20% undervalued

Insider recently sold €2.4m worth of stock

Recent updates

Full year 2023 earnings released: EPS: US$6.63 (vs US$8.46 loss in FY 2022)

Insider recently sold €1.3m worth of stock

Royal Caribbean Cruises Ltd. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2024

Full year 2023 earnings released: EPS: US$6.63 (vs US$8.45 loss in FY 2022)

Now 20% undervalued

Insider recently sold €2.4m worth of stock

Global Ports Holding Plc (LSE:GPH) acquired the remaining 38% stake in Creuers del Port de Barcelona S.A. from Royal Caribbean Cruises Ltd. (NYSE:RCL).

New major risk - Financial position

Senior VP & Chief Accounting Officer recently sold €1.8m worth of stock

Second quarter 2023 earnings released: EPS: US$1.79 (vs US$2.05 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.19 loss per share (vs US$4.58 loss in 1Q 2022)

Now 21% undervalued

Royal Caribbean Group Appoints Palle Laursen as Executive Vice President and Head of Marine, Effective May 1, 2023

Royal Caribbean Cruises Ltd. Provides Operating Guidance for the First Quarter and Full Year of Fiscal 2023

Full year 2022 earnings released: US$8.45 loss per share (vs US$20.89 loss in FY 2021)

Royal Caribbean Cruises Ltd. Announces Retirement of William K. Reilly as a Member of the Board of Director

Royal Caribbean Cruises Ltd. Announces Executive Changes

Third quarter 2022 earnings released: EPS: US$0.13 (vs US$5.59 loss in 3Q 2021)

Royal Caribbean Cruises Ltd. Provides Operating Guidance for the Fourth Quarter of 2022

Second quarter 2022 earnings released: US$2.05 loss per share (vs US$5.29 loss in 2Q 2021)

Royal Caribbean Cruises Ltd. Provides Earnings Guidance for the Third Quarter and Second Half of 2022

Independent Director recently bought €140k worth of stock

First quarter 2022 earnings released: US$4.58 loss per share (vs US$4.66 loss in 1Q 2021)

Royal Caribbean Cruises Ltd. Provides Earnings Guidance for the Second Half of 2022

Royal Caribbean Cruises Ltd., Annual General Meeting, Jun 02, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Now 21% undervalued

Insider recently sold €191k worth of stock

Insider recently sold €1.3m worth of stock

Royal Caribbean Group Appoints Michael O. Leavitt to Board of Directors

Royal Caribbean Cruises Ltd. Provides Earnings Guidance for the First Half and Second Half of 2022

Third quarter 2021 earnings released: US$5.59 loss per share (vs US$6.29 loss in 3Q 2020)

Royal Caribbean Group Provides Earnings Guidance for the year 2021

Royal Caribbean Group Resumes U.S. Cruising

Royal Caribbean Group Announces That The Company Cannot Reasonably Estimate Financial Outlook for 2021

Royal Caribbean Group Announces Extending the Suspension of Sailings

Sycamore Partners Management, L.P. completed the acquisition of Azamara Club Cruises, Inc. from Royal Caribbean Group (NYSE:RCL).

Royal Caribbean Group has completed a Follow-on Equity Offering in the amount of $1.541371 billion.

New 90-day high: €71.98

Full year 2020 earnings released: US$27.05 loss per share (vs US$8.97 profit in FY 2019)

Revenue misses expectations

Sycamore Partners Management, L.P. entered into a definitive agreement to acquire Azamara Club Cruises, Inc. from Royal Caribbean Group (NYSE:RCL) for approximately $200 million.

Royal Caribbean Group Appoints Amy C. McPherson to Board of Directors

New 90-day high: €69.93

Bernstein Liebhard Reminds Investors of the Deadline to File Lead Plaintiff Motion in Securities Class Action Lawsuit Against Royal Caribbean Cruises Ltd

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been File Against Precigen, Royal Caribbean, Mesoblast and Loop Industries

New 90-day high: €62.12

Third quarter 2020 earnings released: US$6.29 loss per share

Revenue misses expectations

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

Rosen Law Firm Files Class Action Lawsuit Against Royal Caribbean Cruises Ltd

Royal Caribbean Group has completed a Follow-on Equity Offering in the amount of $499.99998 million.

Labaton Sucharow LLP Files Securities Class Action Lawsuit Against Royal Caribbean Cruises Ltd

First half earnings released

Royal Caribbean Cruises Ltd. to Report Q2, 2020 Results on Aug 10, 2020

Shareholder Returns

Price Volatility

About the Company