Truist maintains Buy on Royal Caribbean, $272 target

Despite facing a $0.65 per share headwind from foreign exchange rates and fuel costs compared to the previous earnings call, Royal Caribbean (NYSE:RCL)’s midpoint earnings per share (EPS) guidance for 2025 is about $0.05 ahead of the consensus. Truist suggests that the company has likely set a conservative earnings baseline for 2025. Moreover, the firm is not surprised by the continued strength in booking and pricing trends for Royal Caribbean, which is reflected in the stock’s remarkable 92.71% return over the past year and its current trading price near the 52-week high of $258.70. Access comprehensive analysis and 10+ additional ProTips for RCL through InvestingPro’s detailed research reports.

Despite facing a $0.65 per share headwind from foreign exchange rates and fuel costs compared to the previous earnings call, Royal Caribbean’s midpoint earnings per share (EPS) guidance for 2025 is about $0.05 ahead of the consensus. Truist suggests that the company has likely set a conservative earnings baseline for 2025. Moreover, the firm is not surprised by the continued strength in booking and pricing trends for Royal Caribbean, which is reflected in the stock’s remarkable 92.71% return over the past year and its current trading price near the 52-week high of $258.70. Access comprehensive analysis and 10+ additional ProTips for RCL through InvestingPro’s detailed research reports.

Despite facing a $0.65 per share headwind from foreign exchange rates and fuel costs compared to the previous earnings call, Royal Caribbean’s midpoint earnings per share (EPS) guidance for 2025 is about $0.05 ahead of the consensus. Truist suggests that the company has likely set a conservative earnings baseline for 2025. Moreover, the firm is not surprised by the continued strength in booking and pricing trends for Royal Caribbean, which is reflected in the stock’s remarkable 92.71% return over the past year and its current trading price near the 52-week high of $258.70. Access comprehensive analysis and 10+ additional ProTips for RCL through InvestingPro’s detailed research reports.

In other recent news, Royal Caribbean has been a focal point for several financial firms. Goldman Sachs and Mizuho (NYSE:MFG) Securities have reduced their price targets for the company, now standing at $270 and $253 respectively, citing potential financial headwinds due to current fuel prices and foreign exchange rates. Despite these adjustments, both firms maintain a positive outlook on the company’s stock.

Bernstein, Stifel, and Macquarie have reiterated their Outperform ratings on Royal Caribbean, highlighting the company’s impressive revenue growth and strong future prospects. Stifel has even increased its price target to $310, citing the company’s ability to exceed market expectations.

These are recent developments in the investment landscape surrounding Royal Caribbean. The company’s next earnings report is due soon, with analysts pointing towards potential impacts from foreign exchange rates and fuel costs on the company’s earnings per share. However, despite these challenges, the goal of achieving an EPS in the 14-dollar range for 2025 remains achievable, according to Mizuho.

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