Fintel reports that on February 4, 2025, Loop Capital initiated coverage of Royal Caribbean Cruises (NYSE:RCL) with a Hold recommendation.
Analyst Price Forecast Suggests 0.83% Downside
As of January 29, 2025, the average one-year price target for Royal Caribbean Cruises is $261.42/share. The forecasts range from a low of $182.81 to a high of $325.50. The average price target represents a decrease of 0.83% from its latest reported closing price of $263.59 / share.
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The projected annual revenue for Royal Caribbean Cruises is 17,768MM, an increase of 7.79%. The projected annual non-GAAP EPS is 7.16.
What is the Fund Sentiment?
There are 1,741 funds or institutions reporting positions in Royal Caribbean Cruises. This is an increase of 87 owner(s) or 5.26% in the last quarter. Average portfolio weight of all funds dedicated to RCL is 0.22%, an increase of 14.99%. Total shares owned by institutions increased in the last three months by 1.10% to 290,424K shares. 
The put/call ratio of RCL is 1.53, indicating a bearish outlook.
What are Other Shareholders Doing?
Capital Research Global Investors holds 30,512K shares representing 11.35% ownership of the company. In its prior filing, the firm reported owning 30,271K shares , representing an increase of 0.79%. The firm increased its portfolio allocation in RCL by 6.21% over the last quarter.
Capital International Investors holds 29,434K shares representing 10.95% ownership of the company. In its prior filing, the firm reported owning 29,333K shares , representing an increase of 0.34%. The firm increased its portfolio allocation in RCL by 4.08% over the last quarter.
AGTHX - GROWTH FUND OF AMERICA holds 23,587K shares representing 8.77% ownership of the company. In its prior filing, the firm reported owning 23,595K shares , representing a decrease of 0.03%. The firm increased its portfolio allocation in RCL by 37.79% over the last quarter.
AIVSX - INVESTMENT CO OF AMERICA holds 17,895K shares representing 6.65% ownership of the company. In its prior filing, the firm reported owning 17,899K shares , representing a decrease of 0.02%. The firm increased its portfolio allocation in RCL by 5.14% over the last quarter.
Capital World Investors holds 13,730K shares representing 5.11% ownership of the company. In its prior filing, the firm reported owning 10,696K shares , representing an increase of 22.10%. The firm increased its portfolio allocation in RCL by 35.77% over the last quarter.
Royal Caribbean Group Background Information
(This description is provided by the company.)
Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group, is a cruise vacation company that owns four global brands: Royal Caribbean International, Celebrity Cruises, Azamara and Silversea. Royal Caribbean Group is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, our brands operate 61 ships with an additional 15 on order as of December 21, 2020.
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