Cruise Line to Offer 24-Hour Butler Service

The Cruise Lines company announced earnings per share of $0.84 against a consensus Street estimate of $0.72, beating the average estimate by $0.12.

The company has received recommendation from many analysts.

A recent analyst activity consisted of SunTrust Robinson Humphrey reiterating their Buy stance on August 3.

Exclusive offerings for passengers booked in to Royal Suite Class, based on their suite category, include 24-hour butler-style “Royal Genie” service for those in Star Class.

In other Royal Caribbean Cruises news, Director William K. Reilly sold 4,000 shares of the business’s stock in a transaction on Friday, May 29th. During last 3 month period, -0.28% of total institutional ownership has changed in the company shares.

Royal Caribbean Cruises Ltd (NYSE:RCL) stock is now trading 0.69% below its 52-week-high, 75.92% above its 52-week-low. Stifel Nicolaus restated a buy rating and issued a $107.00 price target (up previously from $103.00) on shares of Royal Caribbean Cruises in a report on Monday, August 3rd. Zacks raised shares of Royal Caribbean Cruises from a hold rating to a buy rating and set a $100.00 price target on the stock in a research note on Wednesday. Equity Analysts at the Firm raises the price target to $99 per share from $85 per share. A high PEG ratio means that the company’s stock is trading at a high price relative to its earnings growth potential.

Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) ended Tuesday session in red amid volatile trading. The company has a market cap of $19,993 million and the number of outstanding shares have been calculated to be 219,944,000 shares. The Company possesses various brands, for example a 50% joint venture interest in TUI Cruises, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and Royal Caribbean global.

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise business. Together, these six brands operate a combined 43 boats in the cruise vacation industry having an aggregate capacity of approximately 105,750 spots. The Company’s ships operate on a range of global itineraries, which call on approximately 455 destinations on all seven continents.

A new three-tiered suite class aimed at “discerning adventurers” is being introduced by Royal Caribbean worldwide. These brands are complemented by its Pullmantur brand, which has been custom tailored to serve the cruise markets in Spain, Portugal and Latin America, and its CDF Croisieres de France brand, which provides it with a custom tailored product targeted at the French market.