Carnaval Cruises (CUK & CCL) has come back down to initial covid shock levels. Although this time the stock isn’t at this price because the company cannot operate. Rather the US market is experiencing systemic risk and as a result, irrational selling is just pulling down the price of overvalued company’s but undervalued company’s as well.
Carnivals Cruises Earnings
Last quarter earnings - 1.6
Next fiscal year estimate 1.4
As Carnival Cruises gets back into the black and starts to report profits to the market, the fair value of the company will increase. This means the future value of the company is not reflected in todays price.
Buy & Hold
Carnivals Cruises Earnings
Last quarter earnings - 1.6
Next fiscal year estimate 1.4
As Carnival Cruises gets back into the black and starts to report profits to the market, the fair value of the company will increase. This means the future value of the company is not reflected in todays price.
Buy & Hold