$RCL will report earnings 1/28/16 and this may coincide with some timing cycles. Im looking for stock to push higher going into earnings with the possibility of it reversing course after earnings.
Tag Archives: $RCL
$RCL seems to be trading at a discount based on analyst estimates of next years earnings estimates. Currently stock is trading at a 16.24% multiple which is inline with sector, but at a discount based on $RCL’s analyst estimates for earnings of 29%. With this growth multiple it would yield a Price Target of $180. A conservative growth of 22% based on next years earnings would yield a price target of $140.