RCL

Royal Caribbean Cruises Ltd

Consumer


Presented:01/16/2019
Price:$105.66
Cap:$22.08B
Current Price:$202.42
Cap:$52.11B

Presented

Date01/16/2019
Price$105.66
Market Cap$22.08B
Ent Value$37.63B
P/E Ratio12.56x
Book Value$54.26
Div Yield2.65%
Shares O/S209.00M
Ave Daily Vol1,889,456
Short Int1.29%

Current

Price$202.42
Market Cap$52.11B
Royal Caribbean Cruises Ltd. is a global cruise vacation company. It owns and operates global crusie brands, namely Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises. It also holds interest in TUI Cruises, Pullmantur, and SkySea Cruises brands. The company was founded in 1968 and is headquartered in Miami, FL.

Publicly traded companies mentioned herein: Royal Caribbean Cruises Ltd (RCL), Walt Disney Co (DIS)

Highlights

The presenter sees upside potential for shares of Royal Caribbean (RCL; $106) based on strong consumer trends in the cruise operator’s core demographic, IMO 2020 providing a tailwind for 2020 earnings, and valuation. Given the favorable risk/reward setup, the entry point for a long position appears to be attractive. Additionally, a recent stock purchase (12/13/18) by Chairman & CEO Richard Fain caught the presenter’s eye. With the stock trading at ~11x forward Street EPS estimates (9.8x his number), there could be upside to $140 (13x earnings) over the next 12 months.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.