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heidikay

By heidikay,
in Royal Caribbean International

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Ourusualbeach

Ourusualbeach

Posted
Posted
6 minutes ago, taglovestocruise said:

CNN bussiness today.. now a buy rating...

Stock Price Forecast

The 13 analysts offering 12-month price forecasts for Royal Caribbean Cruises Ltd have a median target of 65.00, with a high estimate of 165.00 and a low estimate of 25.00. The median estimate represents a +75.91%increase from the last price of 36.95.

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Analyst Recommendations

The current consensus among 17 polled investment analysts is to buystock in Royal Caribbean Cruises Ltd. This rating has held steady since March, when it was unchanged from a buy rating.Move your mouse over past
months for detail

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Does it list what those dates are from.  Surely someone cannot be crazy enough to think that within a year Royal will be at $165

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taglovestocruise

taglovestocruise

Posted
Posted
5 minutes ago, Ourusualbeach said:

Does it list what those dates are from.  Surely someone cannot be crazy enough to think that within a year Royal will be at $165

First line from the top... Who would have  believed a $40 price to be possible just  two weeks ago. 

The 13 analysts offering 12-month price forecasts for Royal Caribbean Cruises Ltd have a median target of 65.00, with a high estimate of 165.00 and a low estimate of 25.00. The median estimate represents a +75.91%increase from the last price of 36.95.

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Ourusualbeach

Ourusualbeach

Posted
Posted (edited)
4 minutes ago, taglovestocruise said:

First line from the top... Who would have  believed a $40 price to be possible just  two weeks ago. 

The 13 analysts offering 12-month price forecasts for Royal Caribbean Cruises Ltd have a median target of 65.00, with a high estimate of 165.00 and a low estimate of 25.00. The median estimate represents a +75.91%increase from the last price of 36.95.

I can't open those files.  So you are saying all those estimates are after mid March and $20 to $40 is a whole lot more realistic than $20 to $165 which is well above their previous high when times were good

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taglovestocruise

taglovestocruise

Posted
Posted
1 hour ago, Ourusualbeach said:

I can't open those files.  So you are saying all those estimates are after mid March and $20 to $40 is a whole lot more realistic than $20 to $165 which is well above their previous high when times were good

Analyst price projection as of April 1 2020.

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steveru621

steveru621

Posted
Posted
2 minutes ago, zekekelso said:

 

Maybe Amazon can buy up RCL. That would be interesting. 

 

That's certainly a possibility.  But, Bezos will wait until bankruptcy and pick up the pieces.  Similar to his purchase of the Washington Post.

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20165 Great Review Rare

20165

Posted
Posted
14 hours ago, Baron Barracuda said:

From today's Miami Herald - Cruise industry has enough cash for 10 cruise-less months. But will passengers come back?

 

https://www.miamiherald.com/news/business/tourism-cruises/article242033816.html

I also saw a similar video that compared the cruise lines to the airlines and the numbers actually came out in favor of the cruise lines, or at least CCL.  They do have enough cash reserves and loans to go at least until the end of 2020, and claim their 2021 bookings are up. Not sure i 100% believe that 2021 bookings are up, although the CCL CEO said that in an another interview this week as well, but regardless, it does look like they may be able to come out of this thing ok if we do get back to cruising by the end of the year. 

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Hoopster95

Hoopster95

Posted
Posted
17 minutes ago, sfaaa said:

I love the prediction there will be a lot of deals to entice people to go back on cruise ships. It happened after the 2008 financial meltdown and I can see the same thing happening again.

 

In my humble opinion, 9/11 example doesn't fit today's unique circumstances.

300+ cruise ships all around the world were not targets for death during 9/11. Today every single one of them are.

There was no basic life or death decision to sway anyone's decision for getting on a cruise ship at that time.

 

However, will there be deals? Maybe.... maybe not.

If ships booked are only half occupied for social distancing, supply and demand for berths will take over increasing pricing.

Then there's the costs to bring in more staff, create hospitals on board re CDC requirements, yada yada yada.

Roll the dice, could go either way

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npcl

npcl

Posted
Posted (edited)
On 4/17/2020 at 1:01 PM, irzero said:

Pointless.

Some analysts have not updated since before crash.

Sent from my SM-N975F using Tapatalk
 

Also most analysts restrict their analysis to company published data (reduces their liability), so the reports are still using mostly pre-COVID-19 data and while they have included drops for Q2 most show Q3 to return to near pre-COVID-19 revenue levels, which I would suspect most of us do not believe will happen.

 

Will be interesting to see how they are updated when next quarters data is released.

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Blizzard54

Blizzard54

Posted
Posted

As far as deals on cruises going forward...

I do not expect to see any when cruising first starts back up.  I expect they will start up at less than compacity to tweak the new normal will be.  After a few months they may have some deals after final payment to slowing up the capacity.  I expect it will not be until a vaccine is widely available  that they will go back to their old pricing matrix that may very will require some deep discounting.  

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bobmacliberty "Live from...." Rare

bobmacliberty

Posted
Posted
12 hours ago, Hoopster95 said:

In my humble opinion, 9/11 example doesn't fit today's unique circumstances.

300+ cruise ships all around the world were not targets for death during 9/11. Today every single one of them are.

There was no basic life or death decision to sway anyone's decision for getting on a cruise ship at that time.

 

I get your point Hoopster, but I remember thinking that cruise ships WERE a very easy terrorist target after 9/11.  Big, relatively slow moving targets with many people in one place who cannot escape.  I think many people avoided cruising after 9/11 based on this thought process.

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  • 2 weeks later...
Ourusualbeach

Ourusualbeach

Posted
Posted
2 hours ago, nelblu said:

Still going forward with their build of new ships.

 

https://www.cruisecritic.com/news/5308/?et_cid=3327521&et_rid=17021106&et_referrer=Popup_Main

Unless I missed it that article only references ships under construction.  The biggest unknown is the large numbers of new builds that each line had in the works over the next 5 years and how many of those get shelved.

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banzaii

banzaii

Posted
Posted
16 hours ago, Ourusualbeach said:

Unless I missed it that article only references ships under construction.  The biggest unknown is the large numbers of new builds that each line had in the works over the next 5 years and how many of those get shelved.

Exactly.

 

And what are the penalties if any that apply to cancelling or deferring those ship builds?

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