Royal Carribean Cruises: Down But Not Out - Paul Price

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Royal Carribean Cruises: Down But Not Out
Apr 27, 2008 09:51 AM UTC

Paul Price

Return	Risk
-4.52%	MID

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Symbol	Sentiment	Start	Return	Closed
RCL		04/27/08	-26.74%	--

Via Long Investment Ideas from Seeking Alpha:

Royal Carribean Cruises (RCL) reported excellent March quarter earnings Friday of $0.35 v. $0.04, but the shares plunged to a new 5-year low on a reduced full-year outlook.

RCL shares trade right now at just 10.1x trailing earnings of $3.13 - far lower than any of their average P/E levels of the past 10 years. RCL's p/sales and p/bv are also near their lows from 2001 - 2002 when the shares were hit due to the 9/11 terrorist attacks and travel was temporarily halted. Buyers of RCL shares right after September 11, 2001 saw their shares go up over 600% from $7.80 to $55.50 at their 2004 high.

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Comments (2)

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Armin Stuk

22%

2 points commented 560 days ago reply

As per its effectiveness;
RCL is doing a fair job in comparison to it's peers with a Return on Assets, Return on Equity, and Revenues Per Employee of 4.58%, 10.31%, and $138,346.80 respectively. Despite below average performance at managing their resources, the company is above average at managing their owner's equity and at generating revenues from employees compared to other companies in the Recreational Activities industry.
Bullish too!
http://astuk-virtuallystocks.blogspot.com/

Chris Bramhall

52%

0 point commented 560 days ago reply

RCL is looking like a double bottom. I'm seriously considering going long here.

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