Royal Caribbean Cruises Ltd. - Value Alert
Texas (May 31, 2013) Wax Ink has issued a No Investment Interest rating for Royal Caribbean Cruises Ltd. (NYSE: RCL) based on a recent baseline equity review which placed fair value between $40-$46.
The recent close of $35.83 is approximately 48% above the fair value buy target for the stock and approximately 28% below the fair value close target for the stock. The recent close is also 13% below analysts’ twelve-month $41.00 median price target for the stock.
The recent close represents a 21% increase in price since the last baseline equity review was conducted in May of 2008.
The stock currently has a trailing twelve-month PE Ratio of 7, and a PEG Ratio of 0.5 basis estimated forward earnings growth of 14.00%.
In the past 52 weeks, share prices have moved between a high of $38.62 and a low of $22.12, placing equilibrium at $34.14.
Basis the recent close, the stock is trading 8% below the 52 week high, 38% above the 52 week low, 5% above equilibrium, and has an average daily trading volume of 1.6 million shares.
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. It owns five cruise brands comprising Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisières de France.
The company's competitors include The Walt Disney Company, Carnival Corporation, and Norwegian Cruise Line Holdings Ltd.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012. All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in the company mentioned in this alert.
Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.
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