Wall Street analyst opinions reflect the average buy/hold/sell recommendations. From 2000 through October 11, 2002 the analyst consensus was to hold the stock. While the Standard & Poor�s rating reflects a strong buy/hold opinion (see below), the Wall Street consensus reflects a rising consensus to hold. Research shows that a rising consensus opinion reflects a favorable near-term stock performance.
Carnival Corporation�s Standard and Poor�s Rating
SELL BUY/HOLD BUY
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Standard & Poor�s STARS ranking reflect a Hold status. This rating is a Standard & Poor�s analyst evaluation that evaluates the short-term (6 to 12 month) appreciation potential of a stock.
The largest industry players� data is noted below. Note that the P&O Princess purchase transaction by Carnival has not been completed so it is still considered a separate company at the time of this website posting.
Another Italian shipbuilder has an agreement for the construction of two ships with a capacity of 2,766 passengers for Carnival. Holland America Line will also add two new ships with capacity for 1,440 and 1,380 passengers. Shipbuilding investments are usually higher and may have taken funds from merchandising or other critical areas of customer service. However, Carnival is making a solid investment for a prolonged growth strategy across the leisure industry�s price-point target market.
This leisure industry is considered a consumer discretionary sector which makes the industry sensitive to the economic and political environment and extremely sensitive to terrorist acts or other national security issues.
How does Carnival compare to the Industry? Carnival Corporation has managed to maintain a 28.6 percentage average market share of sales for the industry from the period 1997 to 2001.
