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.


Boeing (BA:NYS) and Lockheed Martin (LMT:NYS) Upgraded

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.

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

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

Why Do Companies Get Upgraded?

Companies can get upgraded for a number of reasons, but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

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
BA Boeing Co 8 0 2 0 0 0 4.6000 4.5556 Buy
LMT Lockheed Martin Corp 3 0 4 0 0 0 3.8571 3.6667 Outperform
GD General Dynamics Corp 4 0 3 0 0 0 4.1429 4.0000 Outperform
BMO Bank of Montreal 3 4 3 0 0 0 4.0000 3.8000 Outperform
RCL Royal Caribbean Cruises Ltd 4 1 0 0 0 0 4.8000 4.4000 Buy
HRS Harris Corp 5 0 1 0 0 0 4.6667 4.6000 Buy
LLL L3 Technologies Inc 2 0 2 0 0 0 4.0000 3.6667 Outperform
TIF Tiffany & Co 3 0 4 0 1 0 3.5000 3.2857 Hold
KSU Kansas City Southern 3 0 2 0 0 0 4.2000 3.8000 Outperform
CEA China Eastern Airlines Corp Ltd 1 0 1 0 1 0 3.0000 2.7500 Hold
ZNH China Southern Airlines Co Ltd 0 1 1 0 1 0 2.6667 2.3333 Hold
ALV Autoliv Inc 1 0 3 0 1 0 3.0000 2.8000 Hold
BWXT BWX Technologies Inc 2 0 1 0 0 0 4.3333 4.0000 Outperform
WTW Weight Watchers International Inc 2 0 2 0 0 0 4.0000 3.6667 Outperform
FRO Frontline Ltd 2 0 1 0 1 0 3.5000 2.5000 Hold
DHT DHT Holdings Inc 2 0 1 0 0 0 4.3333 3.0000 Outperform
EMES Emerge Energy Services LP 1 0 0 0 0 0 5.0000 4.0000 Buy
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BMO Bank of Montreal 3 4 3 0 0 0 4.0000 3.8000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CSGP CoStar Group Inc 0 0 1 0 0 0 3.0000 2.0000 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.

BA:NYS Boeing

http://www.boeing.com
Boeing has 140800 employees and is headquartered in United States.
Boeing Co designs, develops, manufactures, sells, services and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services.

LMT:NYS Lockheed Martin

http://www.lockheedmartin.com
Lockheed Martin has 100000 employees and is headquartered in United States.
Lockheed Martin Corp is a security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. 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 decision.

Eversource Energy (ES:NYS) and Maxim Integrated Products (MXIM:NAS) Downgraded

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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
SAN Banco Santander SA 2 0 2 0 0 0 4.0000 4.3333 Outperform
RCL Royal Caribbean Cruises Ltd 3 0 2 0 0 0 4.2000 4.3333 Outperform
ZBH Zimmer Biomet Holdings Inc 6 0 3 0 1 0 4.0000 4.1000 Outperform
ES Eversource Energy 1 0 2 1 0 0 3.2500 3.6000 Hold
PNW Pinnacle West Capital Corp 0 0 3 1 0 0 2.7500 2.8000 Hold
CR Crane Co 3 0 1 0 1 0 3.8000 4.2000 Outperform
MDU MDU Resources Group Inc 0 0 1 0 0 0 3.0000 4.0000 Hold
UFS Domtar Corp 0 0 8 0 1 0 2.7778 2.8889 Hold
BKH Black Hills Corp 2 0 1 0 0 0 4.3333 4.5000 Outperform
FUL H.B. Fuller Co 2 0 1 0 0 0 4.3333 4.5000 Outperform
AT Atlantic Power Corp 0 1 3 0 0 0 3.2500 3.3333 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HR.UN H&R Real Estate Investment Trust 5 0 3 0 0 0 4.2500 4.3750 Outperform
UFS Domtar Corp 0 0 8 0 1 0 2.7778 2.8889 Hold
CEE Centamin PLC 5 1 0 0 0 0 4.8333 4.8571 Buy
GSC Golden Star Resources Ltd 4 0 4 0 0 0 4.0000 4.1429 Outperform
ATP Atlantic Power Corp 0 1 3 0 0 0 3.2500 3.3333 Hold
APR.UN Automotive Properties Real Estate Investment Trust 5 2 2 0 0 0 4.3333 4.3750 Outperform
PPR Prairie Provident Resources Inc 3 1 1 0 0 0 4.4000 4.6000 Outperform
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AGB Atlantic Gold Corp 5 2 0 0 0 0 4.7143 4.8571 Buy
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GSS Golden Star Resources Ltd 4 0 4 0 0 0 4.0000 4.1429 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SIRI Sirius XM Holdings Inc 3 0 3 0 0 0 4.0000 4.3333 Outperform
MXIM Maxim Integrated Products Inc 1 0 4 1 0 0 3.1667 3.3333 Hold
WYNN Wynn Resorts Ltd 4 0 3 0 0 0 4.1429 4.3333 Outperform
STX Seagate Technology PLC 0 0 7 1 1 0 2.6667 2.7778 Hold
VIAB Viacom Inc 4 0 5 0 3 0 3.1667 3.3333 Hold
VIA Viacom Inc 4 0 5 0 3 0 3.1667 3.3333 Hold
CALD Callidus Software Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform
CHUBK CommerceHub Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform
CHUBA CommerceHub Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform

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.

ES:NYS Eversource Energy

https://www.eversource.com
Eversource Energy has 7762 employees and is headquartered in United States.
Eversource Energy is a public utility holding company, which is engaged in the energy delivery business. The company operates through electric distribution, electric transmission and natural gas distribution segments.

MXIM:NAS Maxim Integrated Products

http://www.maximintegrated.com
Maxim Integrated Products has 7040 employees and is headquartered in United States.
Maxim Integrated Products Inc designs, develops, manufactures and markets a range of linear and mixed-signal integrated circuits, commonly referred to as analog circuits, for number of customers in diverse geographical locations.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. 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 decision.

Sirius XM Holdings (SIRI:NAS) and Zimmer Biomet Holdings (ZBH: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
SAN Banco Santander SA 2 0 2 0 0 0 4.0000 4.3333 Outperform
RCL Royal Caribbean Cruises Ltd 3 0 2 0 0 0 4.2000 4.3333 Outperform
ZBH Zimmer Biomet Holdings Inc 6 0 3 0 1 0 4.0000 4.1000 Outperform
ES Eversource Energy 1 0 2 1 0 0 3.2500 3.6000 Hold
PNW Pinnacle West Capital Corp 0 0 3 1 0 0 2.7500 2.8000 Hold
CR Crane Co 3 0 1 0 1 0 3.8000 4.2000 Outperform
MDU MDU Resources Group Inc 0 0 1 0 0 0 3.0000 4.0000 Hold
UFS Domtar Corp 0 0 8 0 1 0 2.7778 2.8889 Hold
BKH Black Hills Corp 2 0 1 0 0 0 4.3333 4.5000 Outperform
FUL H.B. Fuller Co 2 0 1 0 0 0 4.3333 4.5000 Outperform
AT Atlantic Power Corp 0 1 3 0 0 0 3.2500 3.3333 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HR.UN H&R Real Estate Investment Trust 5 0 3 0 0 0 4.2500 4.3750 Outperform
UFS Domtar Corp 0 0 8 0 1 0 2.7778 2.8889 Hold
CEE Centamin PLC 5 1 0 0 0 0 4.8333 4.8571 Buy
GSC Golden Star Resources Ltd 4 0 4 0 0 0 4.0000 4.1429 Outperform
ATP Atlantic Power Corp 0 1 3 0 0 0 3.2500 3.3333 Hold
APR.UN Automotive Properties Real Estate Investment Trust 5 2 2 0 0 0 4.3333 4.3750 Outperform
PPR Prairie Provident Resources Inc 3 1 1 0 0 0 4.4000 4.6000 Outperform
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AGB Atlantic Gold Corp 5 2 0 0 0 0 4.7143 4.8571 Buy
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GSS Golden Star Resources Ltd 4 0 4 0 0 0 4.0000 4.1429 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SIRI Sirius XM Holdings Inc 3 0 3 0 0 0 4.0000 4.3333 Outperform
MXIM Maxim Integrated Products Inc 1 0 4 1 0 0 3.1667 3.3333 Hold
WYNN Wynn Resorts Ltd 4 0 3 0 0 0 4.1429 4.3333 Outperform
STX Seagate Technology PLC 0 0 7 1 1 0 2.6667 2.7778 Hold
VIAB Viacom Inc 4 0 5 0 3 0 3.1667 3.3333 Hold
VIA Viacom Inc 4 0 5 0 3 0 3.1667 3.3333 Hold
CALD Callidus Software Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform
CHUBK CommerceHub Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform
CHUBA CommerceHub Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform

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.

SIRI:NAS Sirius XM Holdings

http://www.siriusxm.com
Sirius XM Holdings has 2402 employees and is headquartered in United States.
Sirius XM Holdings Inc is a radio company having more than 30 million subscribers. It offers commercial-free music; premier sports and live events; news and comedy; exclusive talk and entertainment; and a range of Latin commercial-free music and sports.

ZBH:NYS Zimmer Biomet Holdings

http://www.zimmerbiomet.com
Zimmer Biomet Holdings has 18500 employees and is headquartered in United States.
Zimmer Biomet Holdings Inc is a medical device company. It designs, manufactures, and markets orthopedic reconstructive implants, as well as supplies and surgical equipment for orthopedic surgery under brands like NexGen, VerSys, SoPlus, and Pulsavac.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. 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 decision.

Banco Santander (SAN:NYS) and Royal Caribbean Cruises (RCL: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
SAN Banco Santander SA 2 0 2 0 0 0 4.0000 4.3333 Outperform
RCL Royal Caribbean Cruises Ltd 3 0 2 0 0 0 4.2000 4.3333 Outperform
ZBH Zimmer Biomet Holdings Inc 6 0 3 0 1 0 4.0000 4.1000 Outperform
ES Eversource Energy 1 0 2 1 0 0 3.2500 3.6000 Hold
PNW Pinnacle West Capital Corp 0 0 3 1 0 0 2.7500 2.8000 Hold
CR Crane Co 3 0 1 0 1 0 3.8000 4.2000 Outperform
MDU MDU Resources Group Inc 0 0 1 0 0 0 3.0000 4.0000 Hold
UFS Domtar Corp 0 0 8 0 1 0 2.7778 2.8889 Hold
BKH Black Hills Corp 2 0 1 0 0 0 4.3333 4.5000 Outperform
FUL H.B. Fuller Co 2 0 1 0 0 0 4.3333 4.5000 Outperform
AT Atlantic Power Corp 0 1 3 0 0 0 3.2500 3.3333 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
HR.UN H&R Real Estate Investment Trust 5 0 3 0 0 0 4.2500 4.3750 Outperform
UFS Domtar Corp 0 0 8 0 1 0 2.7778 2.8889 Hold
CEE Centamin PLC 5 1 0 0 0 0 4.8333 4.8571 Buy
GSC Golden Star Resources Ltd 4 0 4 0 0 0 4.0000 4.1429 Outperform
ATP Atlantic Power Corp 0 1 3 0 0 0 3.2500 3.3333 Hold
APR.UN Automotive Properties Real Estate Investment Trust 5 2 2 0 0 0 4.3333 4.3750 Outperform
PPR Prairie Provident Resources Inc 3 1 1 0 0 0 4.4000 4.6000 Outperform
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
AGB Atlantic Gold Corp 5 2 0 0 0 0 4.7143 4.8571 Buy
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
GSS Golden Star Resources Ltd 4 0 4 0 0 0 4.0000 4.1429 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
SIRI Sirius XM Holdings Inc 3 0 3 0 0 0 4.0000 4.3333 Outperform
MXIM Maxim Integrated Products Inc 1 0 4 1 0 0 3.1667 3.3333 Hold
WYNN Wynn Resorts Ltd 4 0 3 0 0 0 4.1429 4.3333 Outperform
STX Seagate Technology PLC 0 0 7 1 1 0 2.6667 2.7778 Hold
VIAB Viacom Inc 4 0 5 0 3 0 3.1667 3.3333 Hold
VIA Viacom Inc 4 0 5 0 3 0 3.1667 3.3333 Hold
CALD Callidus Software Inc 1 0 1 0 0 0 4.0000 4.3333 Outperform
CHUBK CommerceHub Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform
CHUBA CommerceHub Inc 2 0 1 0 0 0 4.3333 4.5000 Outperform

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.

SAN:NYS Banco Santander

http://www.santander.com
Banco Santander has 193896 employees and is headquartered in Spain.
Banco Santander SA is a global bank engaged in retail banking. The firm also offers other services such as wholesale banking, insurance and asset management. Its business operations are spread across Latin America, Continental Europe, and the U.S.

RCL:NYS Royal Caribbean Cruises

http://www.rclcorporate.com
Royal Caribbean Cruises has 66100 employees and is headquartered in United States.
Royal Caribbean Cruises Ltd is a global cruise company. It owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. 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 decision.