Global Demand Picture Remains Robust at Royal Caribbean, Driving Rising Profits Ahead
Narrow-moat Royal Caribbean clocked another quarter of improving revenue management prowess, with the firm entering the remainder of 2018 in a better booked position at higher rates (on top of 2017’s record highs). With strong consumer confidence across North American and European cruisers, implying ongoing demand trends should persist (at least in the near term), we plan to raise our $120 fair value estimate around 10% to account for better pricing in 2018 (at 3.75% at the midpoint of guidance ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.