Professional
Added to YB: 2024-03-13
Pitch date: 2023-12-31
RCL [bullish]
Royal Caribbean Cruises Ltd.
+148.16%
current return
Author Info
No bio for this author
Company Info
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries.
Market Cap
$86.5B
Pitch Price
$125.06
Price Target
N/A
Dividend
1.25%
EV/EBITDA
14.78
P/E
20.44
EV/Sales
6.02
Sector
Hotels, Restaurants and Leisure
Category
growth
Ariel Fund Portfolio Holding: Royal Caribbean Cruises Ltd.
RCL: Qtrly earnings beat, raised FY guidance on strong consumer demand & cost control. Onboard spend surging, '24 bookings well above historic rates at higher prices. Trifecta Program on track to be surpassed due to loyal customer base & management's operational prowess.
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