Carnival (CCL:NYS) Fundamental Valuation Report

Fundamental Valuation Report

Carnival(CCL:NYS)

Consumer Cyclical:Leisure

This Report was generated using the valuation tools available on StockCalc.com. For a free 30 day trial click here.

Close Price/Date
$56.96 (USD) 07/02/2019

Weighted Valuation
$67.93 (USD)

Overall Rating
Undervalued by 19.3%

Valuation Models Analyst Consensus: $73.23 (USD)
(in order of importance) Adjusted Book Value: $59.97 (USD)
Valuation Methods This company is:
Cash Flow: Undervalued on a Cash Flow Valuation
Comparable Company: Overvalued on a Comparable Valuation
Asset: Undervalued on an Asset Valuation

Company Overview (CCL:NYS USD)

Price 56.96
Range 56.43 – 58.01
52 week 46.21 – 69.92
Open 57.54
Vol / Avg. 3.9M/3.93M
Mkt cap 40.93B
P/E 12.83
Div/yield 1.95/0.03
EPS 4.44
Shares 718.6M
Beta 1.25

Company Description

Carnival is the largest global cruise company, with more than 100 ships on the seas. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival’s brands attract more than 12.5 million guests annually.

Valuation Details

 We have up to 6 valuation points for each company. Details are at the bottom of the report.

Discounted Cash Flow and Sensitivity Analysis for CCL:NYS

Using a discounted cash flow model we generated an intrinsic value of $75.24 (USD) for CCL:NYS

Sensitivity Analysis

(showing how changes in the input variables impact the DCF calculation)

CCL:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $75.24 1% 5% 1% 5%
WACC (or Ke) 10.16 $90.04 $64.08
Terminal Growth Rate 3.00 $65.17 $88.59
Tax Rate 0.02 $80.69 $70.23
Cash Flow 7,680,813,000 $68.65 $81.83
Capital Expenditures -2,830,000,000 $73.21 $77.28
Long Term Debt 9,393,000,000 $75.90 $74.59

* Changes are absolute: ex WACC from 8% to 7%

Comparables Model

Using similar companies and price based ratios we generated a valuation of $0.00 (USD) for CCL:NYS. We also generated a valuation of $44.19 (USD) using other metrics and comparables.
The comparable companies were Expedia Group (EXPE:NAS), Hasbro (HAS:NAS), Norwegian Cruise Line (NCLH:NYS) and Royal Caribbean Cruises (RCL:NYS).

Company CCL:NYS End Date Value
Earnings/Share $4.44 (USD)
Book Value/Share $0.00 (USD)
Sales/Share $0.00 (USD)
Cash Flow/Share $0.00 (USD)
EBITDA/Share $7.63 (USD)
Price Based on Comps Adjustment Factor (%)
$0.00 (USD) -41.8
$0.00 (USD) -78.8
$0.00 (USD) -2.1
($14.54) (USD) -37.8
$0.00 (USD) -3.8
CCL:NYS Ratios Used Average Values EXPE:NAS HAS:NAS NCLH:NYS RCL:NYS
0.00 PE Ratio 14.02 0.00 0.00 0.00 14.02
0.00 PB Ratio 2.26 0.00 0.00 0.00 2.26
0.00 PS Ratio 2.68 0.00 0.00 0.00 2.68
0.00 PCF Ratio 8.02 0.00 0.00 0.00 8.02
0.00 EV to EBITDA 11.18 0.00 0.00 0.00 11.18

Multiples

Using a multiples approach we generated a valuation of  $84.59 (USD) for CCL:NYS

Company CCL:NYS End Date Value
Earnings/Share $4.44 (USD)
Book Value/Share $0.00 (USD)
Sales/Share $0.00 (USD)
Cash Flow/Share $0.00 (USD)
EBITDA/Share $7.63 (USD)
Price Based on Comps Adjustment Factor
$79.89 (USD) 0
$0.00 (USD) 0
$0.00 (USD) 0
$0.00 (USD) 0
$89.30 (USD) 0
Ratios Ratio Average
PE Ratio 17.99
PB Ratio 1.73
PS Ratio 2.43
PCF Ratio 8.76
EV to EBITDA 11.70

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  CCL:NYS for the last 10 years was  1.71

We ran the Adjusted Book Value for  CCL:NYS and generated a book value of  $35.12 (USD)
By multiplying these we get an adjusted valuation of  $59.97 (USD)

Analyst Data

In the Stockcalc database there are 3 analysts that provide a valuation for CCL:NYS. The 3 analysts have a concensus valuation for CCL:NYS for 2019 of $73.23 (USD).

CCL:NYS Carnival

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
3 1 0 4.4000 Outperform 2019-2-6

Current Price: 56.96 USD

Analyst Consensus
USD Millions 2019 2020 2021
Mean EPS 4.83 5.38 6.72
# EPS Analysts 5 5 1
Mean Revenue 19,713.80 21,409.60 23,522.20
# Revenue Analysts 3 3 1
Mean Target Price 73.23
Mean Cash Flow 8.19 9.19 10.58
Mean EBITDA 5,803.00 6,396.90 7,457.10
Mean Net Income 3,322.50 3,720.60 4,517.00
Mean Debt Outstanding 11,869.20 12,350.40 13,050.40
Mean Tax Rate
Mean Growth Rate 10.89
Mean Capital Expenditure 6,212.70 5,402.90 4,495.60

Explanation of Valuation Models

We have up to 6 valuation points for each company in the database.

The Discounted Cash Flow (DCF) valuation is a cash flow model where cash flow projections are discounted back to the present to calculate value per share. DCF is a common valuation technique especially for companies undergoing irregular cash flows such as resource companies (mining, forestry, oil and gas) going though price cycles or smaller companies about to generate cash flow (junior exploration companies, junior pharma, technology firms…).

The Price Comparables valuation is the result of valuing the company we are looking at on the basis of ratios from selected comparable companies: Price to Earnings, Price to Book, Price to Sales, Price to Cash Flow, Enterprise Value (EV) to EBITDA. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

We have included the Other Comparables as a way to value companies that cannot be valued using Earnings based ratios. This technique is very useful for companies still experiencing negative cash flows such as mining exploration firms. We use Cash/Share, Book Value/Share, MarketCap, 1 Year Return, NetPPE as the ratios here. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

Multiples are similar to Price comparables where we look at current or historic ratios for the company in question to assess what it should be worth today based on those historic ratios. We use the same 5 ratios as in the price comparables and value the company with its historic averages.

With Adjusted Book Value (ABV) we calculate the book value per share for the company based on its balance sheet and multiply that book value per share by its historical price to book ratio to calculate a value per share.

If we have Analyst coverage for the company we use the consensus target price here.

Notice to User


The contents of this report and the Stockcalc website are provided on an ‘‘as is’’ or ‘‘as available’’ basis with all faults and may not be current in all cases. The information in this report or on the website is subject to continuous change and Patchell Brook Equity Analytics Inc. assumes no responsibility to update or amend such information or that the information will be current. Patchell Brook Equity Analytics Inc. does not claim that all information, calculations or opinions presented in this report or on its website are true, reliable, or complete. Accordingly, you should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment or other decision. Any information, data, opinions, calculations or recommendations provided by third parties through links to other websites or otherwise made available through this report or website are solely those of the third party and not of Patchell Brook Equity Analytics Inc. Please refer to the Terms of Use on stockcalc.com for further information.
To access all of the tools on Stockcalc, including more detailed valuation reports and the models used to generate these valuations, please subscribe for a free 30 day trial of Stockcalc here.


Carnival (CCL:NYS) Fundamental Valuation Report

Fundamental Valuation Report

Carnival(CCL:NYS)

Consumer Cyclical:Leisure

This Report was generated using the valuation tools available on StockCalc.com. For a free 30 day trial click here.

Close Price/Date
$58.31 (USD) 06/02/2019

Weighted Valuation
$67.92 (USD)

Overall Rating
Undervalued by 16.5%

Valuation Models Analyst Consensus: $73.23 (USD)
(in order of importance) Adjusted Book Value: $59.96 (USD)
Valuation Methods This company is:
Cash Flow: Undervalued on a Cash Flow Valuation
Comparable Company: Overvalued on a Comparable Valuation
Asset: Fairly valued on an Asset Valuation

Company Overview (CCL:NYS USD)

Price 58.31
Range 58.06 – 58.57
52 week 46.21 – 69.92
Open 58.55
Vol / Avg. 3.29M/3.94M
Mkt cap 41.9B
P/E 13.13
Div/yield 1.95/0.03
EPS 4.44
Shares 718.6M
Beta 1.25

Company Description

Carnival is the largest global cruise company, with more than 100 ships on the seas. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival’s brands attract more than 12.5 million guests annually.

Valuation Details

 We have up to 6 valuation points for each company. Details are at the bottom of the report.

Discounted Cash Flow and Sensitivity Analysis for CCL:NYS

Using a discounted cash flow model we generated an intrinsic value of $75.24 (USD) for CCL:NYS

Sensitivity Analysis

(showing how changes in the input variables impact the DCF calculation)

CCL:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $75.24 1% 5% 1% 5%
WACC (or Ke) 10.16 $90.04 $64.08
Terminal Growth Rate 3.00 $65.17 $88.59
Tax Rate 0.02 $80.69 $70.23
Cash Flow 7,680,813,000 $68.65 $81.83
Capital Expenditures -2,830,000,000 $73.21 $77.28
Long Term Debt 9,393,000,000 $75.90 $74.59

* Changes are absolute: ex WACC from 8% to 7%

Comparables Model

Using similar companies and price based ratios we generated a valuation of $0.00 (USD) for CCL:NYS. We also generated a valuation of $44.35 (USD) using other metrics and comparables.
The comparable companies were Expedia Group (EXPE:NAS), Hasbro (HAS:NAS), Norwegian Cruise Line (NCLH:NYS) and Royal Caribbean Cruises (RCL:NYS).

Company CCL:NYS End Date Value
Earnings/Share $4.44 (USD)
Book Value/Share $0.00 (USD)
Sales/Share $0.00 (USD)
Cash Flow/Share $0.00 (USD)
EBITDA/Share $7.63 (USD)
Price Based on Comps Adjustment Factor (%)
$0.00 (USD) -41.8
$0.00 (USD) -78.8
$0.00 (USD) -2.1
($14.54) (USD) -37.8
$0.00 (USD) -3.8
CCL:NYS Ratios Used Average Values EXPE:NAS HAS:NAS NCLH:NYS RCL:NYS
0.00 PE Ratio 14.02 0.00 0.00 0.00 14.02
0.00 PB Ratio 2.26 0.00 0.00 0.00 2.26
0.00 PS Ratio 2.68 0.00 0.00 0.00 2.68
0.00 PCF Ratio 8.02 0.00 0.00 0.00 8.02
0.00 EV to EBITDA 11.18 0.00 0.00 0.00 11.18

Multiples

Using a multiples approach we generated a valuation of  $84.59 (USD) for CCL:NYS

Company CCL:NYS End Date Value
Earnings/Share $4.44 (USD)
Book Value/Share $0.00 (USD)
Sales/Share $0.00 (USD)
Cash Flow/Share $0.00 (USD)
EBITDA/Share $7.63 (USD)
Price Based on Comps Adjustment Factor
$79.89 (USD) 0
$0.00 (USD) 0
$0.00 (USD) 0
$0.00 (USD) 0
$89.30 (USD) 0
Ratios Ratio Average
PE Ratio 17.99
PB Ratio 1.73
PS Ratio 2.43
PCF Ratio 8.76
EV to EBITDA 11.70

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  CCL:NYS for the last 10 years was  1.71

We ran the Adjusted Book Value for  CCL:NYS and generated a book value of  $35.12 (USD)
By multiplying these we get an adjusted valuation of  $59.96 (USD)

Analyst Data

In the Stockcalc database there are 3 analysts that provide a valuation for CCL:NYS. The 3 analysts have a concensus valuation for CCL:NYS for 2019 of $73.23 (USD).

CCL:NYS Carnival

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
3 1 0 4.4000 Outperform 2019-2-5

Current Price: 58.31 USD

Analyst Consensus
USD Millions 2019 2020 2021
Mean EPS 4.83 5.38 6.72
# EPS Analysts 5 5 1
Mean Revenue 19,713.80 21,409.60 23,522.20
# Revenue Analysts 3 3 1
Mean Target Price 73.23
Mean Cash Flow 8.19 9.19 10.58
Mean EBITDA 5,803.00 6,396.90 7,457.10
Mean Net Income 3,322.50 3,720.60 4,517.00
Mean Debt Outstanding 11,869.20 12,350.40 13,050.40
Mean Tax Rate
Mean Growth Rate 10.89
Mean Capital Expenditure 6,212.70 5,402.90 4,495.60

Explanation of Valuation Models

We have up to 6 valuation points for each company in the database.

The Discounted Cash Flow (DCF) valuation is a cash flow model where cash flow projections are discounted back to the present to calculate value per share. DCF is a common valuation technique especially for companies undergoing irregular cash flows such as resource companies (mining, forestry, oil and gas) going though price cycles or smaller companies about to generate cash flow (junior exploration companies, junior pharma, technology firms…).

The Price Comparables valuation is the result of valuing the company we are looking at on the basis of ratios from selected comparable companies: Price to Earnings, Price to Book, Price to Sales, Price to Cash Flow, Enterprise Value (EV) to EBITDA. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

We have included the Other Comparables as a way to value companies that cannot be valued using Earnings based ratios. This technique is very useful for companies still experiencing negative cash flows such as mining exploration firms. We use Cash/Share, Book Value/Share, MarketCap, 1 Year Return, NetPPE as the ratios here. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

Multiples are similar to Price comparables where we look at current or historic ratios for the company in question to assess what it should be worth today based on those historic ratios. We use the same 5 ratios as in the price comparables and value the company with its historic averages.

With Adjusted Book Value (ABV) we calculate the book value per share for the company based on its balance sheet and multiply that book value per share by its historical price to book ratio to calculate a value per share.

If we have Analyst coverage for the company we use the consensus target price here.

Notice to User


The contents of this report and the Stockcalc website are provided on an ‘‘as is’’ or ‘‘as available’’ basis with all faults and may not be current in all cases. The information in this report or on the website is subject to continuous change and Patchell Brook Equity Analytics Inc. assumes no responsibility to update or amend such information or that the information will be current. Patchell Brook Equity Analytics Inc. does not claim that all information, calculations or opinions presented in this report or on its website are true, reliable, or complete. Accordingly, you should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment or other decision. Any information, data, opinions, calculations or recommendations provided by third parties through links to other websites or otherwise made available through this report or website are solely those of the third party and not of Patchell Brook Equity Analytics Inc. Please refer to the Terms of Use on stockcalc.com for further information.
To access all of the tools on Stockcalc, including more detailed valuation reports and the models used to generate these valuations, please subscribe for a free 30 day trial of Stockcalc here.


Carnival (CCL:NYS) Fundamental Valuation Report

Fundamental Valuation Report

Carnival(CCL:NYS)

Consumer Cyclical:Leisure

This Report was generated using the valuation tools available on StockCalc.com. For a free 30 day trial click here.

Close Price/Date
$56.26 (USD) 29/01/2019

Weighted Valuation
$63.39 (USD)

Overall Rating
Undervalued by 12.7%

Valuation Models Analyst Consensus: $73.23 (USD)
(in order of importance) Comparables: $50.37 (USD)
Adjusted Book Value: $59.92 (USD)
Valuation Methods This company is:
Cash Flow: Undervalued on a Cash Flow Valuation
Comparable Company: Overvalued on a Comparable Valuation
Asset: Undervalued on an Asset Valuation

Company Overview (CCL:NYS USD)

Price 56.26
Range 55.95 – 56.52
52 week 46.21 – 71.61
Open 56.49
Vol / Avg. 3.14M/4.36M
Mkt cap 40.43B
P/E 12.54
Div/yield 1.95/0.03
EPS 4.44
Shares 718.6M
Beta 1.15

Company Description

Carnival is the largest global cruise company, with more than 100 ships on the seas. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; P&O Cruises in Australia; and Fathom, supporting impact travel. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival’s brands attract more than 12.4 million guests annually.

Valuation Details

 We have up to 6 valuation points for each company. Details are at the bottom of the report.

Discounted Cash Flow and Sensitivity Analysis for CCL:NYS

Using a discounted cash flow model we generated an intrinsic value of $85.06 (USD) for CCL:NYS

Sensitivity Analysis

(showing how changes in the input variables impact the DCF calculation)

CCL:NYS Current Values Valuation If Dropped * Valuation If Raised *
Calculated Value: $85.06 1% 5% 1% 5%
WACC (or Ke) 9.47 $103.52 $71.56
Terminal Growth Rate 3.00 $72.76 $101.87
Tax Rate 0.02 $91.03 $79.54
Cash Flow 7,680,813,000 $77.75 $92.37
Capital Expenditures -2,830,000,000 $82.77 $87.36
Long Term Debt 9,393,000,000 $85.72 $84.41

* Changes are absolute: ex WACC from 8% to 7%

Comparables Model

Using similar companies and price based ratios we generated a valuation of $50.37 (USD) for CCL:NYS. We also generated a valuation of $48.00 (USD) using other metrics and comparables.
The comparable companies were Expedia Group (EXPE:NAS), Hasbro (HAS:NAS), Norwegian Cruise Line (NCLH:NYS) and Royal Caribbean Cruises (RCL:NYS).

Company CCL:NYS End Date Value
Earnings/Share $4.44 (USD)
Book Value/Share $35.12 (USD)
Sales/Share $26.59 (USD)
Cash Flow/Share $7.82 (USD)
EBITDA/Share $7.63 (USD)
Price Based on Comps Adjustment Factor (%)
$123.21 (USD) -41.8
$110.45 (USD) -78.8
$50.78 (USD) -2.1
$54.18 (USD) -37.8
$81.37 (USD) -3.8
CCL:NYS Ratios Used Average Values EXPE:NAS HAS:NAS NCLH:NYS RCL:NYS
11.10 PE Ratio 27.75 38.84 49.85 10.65 11.66
1.40 PB Ratio 3.14 3.83 5.45 1.50 1.80
1.85 PS Ratio 1.91 1.58 2.17 1.62 2.27
6.31 PCF Ratio 8.79 8.79 14.87 4.94 6.57
8.32 EV to EBITDA 10.66 10.29 13.63 8.89 9.85

Multiples

Using a multiples approach we generated a valuation of  $72.86 (USD) for CCL:NYS

Company CCL:NYS End Date Value
Earnings/Share $4.44 (USD)
Book Value/Share $35.12 (USD)
Sales/Share $26.59 (USD)
Cash Flow/Share $7.82 (USD)
EBITDA/Share $7.63 (USD)
Price Based on Comps Adjustment Factor
$80.40 (USD) 0
$60.82 (USD) 0
$64.84 (USD) 0
$68.67 (USD) 0
$89.56 (USD) 0
Ratios Ratio Average
PE Ratio 18.11
PB Ratio 1.73
PS Ratio 2.44
PCF Ratio 8.79
EV to EBITDA 11.74

Adjusted Book Value versus Historical Price to Book

The average the Price to Book ratio for  CCL:NYS for the last 10 years was  1.71

We ran the Adjusted Book Value for  CCL:NYS and generated a book value of  $35.12 (USD)
By multiplying these we get an adjusted valuation of  $59.92 (USD)

Analyst Data

In the Stockcalc database there are 3 analysts that provide a valuation for CCL:NYS. The 3 analysts have a concensus valuation for CCL:NYS for 2019 of $73.23 (USD).

CCL:NYS Carnival

Analyst Recommendation
Buy Hold Sell Rating
(of 5)
Guidance As Of
3 1 0 4.4000 Outperform 2019-1-28

Current Price: 56.26 USD

Analyst Consensus
USD Millions 2019 2020 2021
Mean EPS 4.83 5.44 6.72
# EPS Analysts 5 4 1
Mean Revenue 19,713.80 21,468.10 23,522.20
# Revenue Analysts 3 2 1
Mean Target Price 73.23
Mean Cash Flow 8.19 9.33 10.58
Mean EBITDA 5,803.00 6,461.10 7,457.10
Mean Net Income 3,322.40 3,799.60 4,517.80
Mean Debt Outstanding 11,870.80 12,352.80 13,056.30
Mean Tax Rate
Mean Growth Rate 12.11
Mean Capital Expenditure 6,213.40 5,154.40 4,495.60

Explanation of Valuation Models

We have up to 6 valuation points for each company in the database.

The Discounted Cash Flow (DCF) valuation is a cash flow model where cash flow projections are discounted back to the present to calculate value per share. DCF is a common valuation technique especially for companies undergoing irregular cash flows such as resource companies (mining, forestry, oil and gas) going though price cycles or smaller companies about to generate cash flow (junior exploration companies, junior pharma, technology firms…).

The Price Comparables valuation is the result of valuing the company we are looking at on the basis of ratios from selected comparable companies: Price to Earnings, Price to Book, Price to Sales, Price to Cash Flow, Enterprise Value (EV) to EBITDA. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

We have included the Other Comparables as a way to value companies that cannot be valued using Earnings based ratios. This technique is very useful for companies still experiencing negative cash flows such as mining exploration firms. We use Cash/Share, Book Value/Share, MarketCap, 1 Year Return, NetPPE as the ratios here. Each of these ratios for the selected comparable companies are averaged and multiplied by the values for the company we are interested in to calculate a value per share for our selected company.

Multiples are similar to Price comparables where we look at current or historic ratios for the company in question to assess what it should be worth today based on those historic ratios. We use the same 5 ratios as in the price comparables and value the company with its historic averages.

With Adjusted Book Value (ABV) we calculate the book value per share for the company based on its balance sheet and multiply that book value per share by its historical price to book ratio to calculate a value per share.

If we have Analyst coverage for the company we use the consensus target price here.

Notice to User


The contents of this report and the Stockcalc website are provided on an ‘‘as is’’ or ‘‘as available’’ basis with all faults and may not be current in all cases. The information in this report or on the website is subject to continuous change and Patchell Brook Equity Analytics Inc. assumes no responsibility to update or amend such information or that the information will be current. Patchell Brook Equity Analytics Inc. does not claim that all information, calculations or opinions presented in this report or on its website are true, reliable, or complete. Accordingly, you should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment or other decision. Any information, data, opinions, calculations or recommendations provided by third parties through links to other websites or otherwise made available through this report or website are solely those of the third party and not of Patchell Brook Equity Analytics Inc. Please refer to the Terms of Use on stockcalc.com for further information.
To access all of the tools on Stockcalc, including more detailed valuation reports and the models used to generate these valuations, please subscribe for a free 30 day trial of Stockcalc here.


Shopify (SHOP:TSE) and Norwegian Cruise Line (NCLH:NYS) Downgraded

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BCS Barclays PLC 4 0 1 0 0 0 4.6000 4.8000 Buy
DFS Discover Financial Services 6 0 2 0 0 0 4.5000 4.5556 Outperform
CLR Continental Resources Inc 4 0 1 0 1 0 4.0000 4.1667 Outperform
SHOP Shopify Inc 6 2 4 0 0 0 4.1667 4.2308 Outperform
NCLH Norwegian Cruise Line Holdings Ltd 1 0 4 0 0 0 3.4000 3.6000 Hold
YPF YPF SA 1 0 1 0 0 0 4.0000 5.0000 Outperform
FLR Fluor Corp 2 1 4 0 0 0 3.7143 3.8333 Outperform
W Wayfair Inc 2 0 2 1 0 0 3.6000 3.8000 Outperform
CNK Cinemark Holdings Inc 2 0 1 0 0 0 4.3333 5.0000 Outperform
CPG Crescent Point Energy Corp 5 2 7 0 0 0 3.8571 3.9286 Outperform
STN Stantec Inc 1 1 7 0 0 0 3.3333 3.5556 Hold
WWW Wolverine World Wide Inc 0 0 3 0 0 0 3.0000 3.6667 Hold
IVR Invesco Mortgage Capital Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
CLI Mack-Cali Realty Corp 0 0 2 0 0 0 3.0000 4.0000 Hold
EXK Endeavour Silver Corp 0 0 4 0 1 0 2.6000 3.0000 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SHOP Shopify Inc 6 2 4 0 0 0 4.1667 4.2308 Outperform
CPG Crescent Point Energy Corp 5 2 7 0 0 0 3.8571 3.9286 Outperform
STN Stantec Inc 1 1 7 0 0 0 3.3333 3.5556 Hold
SMT Sierra Metals Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform
EDR Endeavour Silver Corp 0 0 4 0 1 0 2.6000 3.0000 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BLN Blackline Safety Corp 1 2 0 0 0 0 4.3333 4.5000 Outperform
ORG Orca Gold Inc 1 2 0 0 0 0 4.3333 4.5000 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SMTS Sierra Metals Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
REGN Regeneron Pharmaceuticals Inc 5 0 6 0 0 0 3.9091 4.0909 Outperform
AKAM Akamai Technologies Inc 3 0 2 1 0 0 3.8333 4.0000 Outperform
SFM Sprouts Farmers Market Inc 4 0 1 1 0 0 4.1667 4.3333 Outperform
MDCO The Medicines Co 0 0 1 0 0 0 3.0000 5.0000 Hold
CCOI Cogent Communications Holdings Inc 3 0 0 1 0 0 4.2500 5.0000 Outperform
MESO Mesoblast Ltd 3 2 1 0 0 0 4.3333 4.5000 Outperform
FRTA Forterra Inc 1 0 2 0 0 0 3.6667 4.0000 Outperform
FOGO Fogo de Chao Inc 0 0 3 0 0 0 3.0000 3.6667 Hold

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

SHOP:TSE Shopify

https://www.shopify.in
Shopify has 1900 employees and is headquartered in Canada.
Shopify Inc provides cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The company’s platform provides merchants with a single view of their business and customers across all of their sales channels.

NCLH:NYS Norwegian Cruise Line

http://www.ncl.com
Norwegian Cruise Line has 30000 employees and is headquartered in United States.
Norwegian Cruise Line Holdings Ltd is a cruise company which operates the Norwegian, Oceania Cruises and Regent brands. It offers accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas.

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