Why To Keep Buying Royal Caribbean Group (NYSE:RCL) while S&P500 loss -0.77%

Royal Caribbean Group (NYSE:RCL) has a beta of 2.88. The stock’s Relative Strength Index (RSI) is 74.82, with weekly volatility at 7.17% and ATR at 3.67. The RCL stock’s 52-week price range has touched low of $19.25 and a $110.99 high. Its shares traded higher over the last trading session, gaining 9.33% on 02/22/21. The shares fell to a low of $79.01 before closing at $86.23. Intraday shares traded counted 15.11 million, which was -237.94% lower than its 30-day average trading volume of 4.47M. RCL’s previous close was $78.87 while the outstanding shares total 214.16M.

Investors have identified the Travel Services company Royal Caribbean Group as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.42 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Royal Caribbean Group (RCL) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For RCL, the company has in raw cash 3.02 billion on their books with 870.03 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 3.53 billion total, with 4.63 billion as their total liabilities.

Having a look at the company’s valuation, the company is expected to record -13.85 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RCL sounds very interesting.

Is the stock of RCL attractive?

In related news, Director, Wilhelmsen Arne Alexander sold 600,000 shares of the company’s stock in a transaction that recorded on Aug 25. The sale was performed at an average price of 63.67, for a total value of 38,202,172. As the sale deal closes, the 10% Owner, A WILHELMSEN A S now sold 600,000 shares of the company’s stock, valued at 38,202,172. Also, Director, Wilhelmsen Arne Alexander sold 1,400,000 shares of the company’s stock in a deal that was recorded on Aug 24. The shares were price at an average price of 63.36 per share, with a total market value of 88,706,605. Following this completion of acquisition, the 10% Owner, A WILHELMSEN A S now holds 1,400,000 shares of the company’s stock, valued at 88,706,605. In the last 6 months, insiders have changed their ownership in shares of company stock by 8.60%.

3 out of 14 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Royal Caribbean Group. 2 analysts has assigned a Sell rating on the RCL stock. The 12-month mean consensus price target for the company’s shares has been set at $70.08.

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