Latest news with #JamesHardiman
Yahoo
25-06-2025
- Business
- Yahoo
How to play cruise line stocks as travel demand heats back up
Carnival Corporation (CCL) is surging after the company reported a second quarter earnings beat. James Hardiman, leisure and travel analyst at Citi, joins Market Domination to explain how Carnival's latest earnings print shows rising demand, how oil price swings impact the company, and how to play cruise line stocks. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Business Insider
24-06-2025
- Business
- Business Insider
Carnival Stock (CCL) Dips on Loyalty Program Changes
Carnival (CCL) stock slipped on Monday after the cruise line company announced controversial changes to its loyalty program. The company will nix its Very Important Fun Person (VIFP) program next year in favor of a new rewards program. This issue with this is that it will change how passengers earn rewards. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The new program will allow customers to earn benefits over two years, and retain those benefits for another two. For comparison, the current loyalty program offered benefits for life. Another change is how points are earned: the new system offers points for money spent, while the current one gives points based on nights booked. These changes are designed to limit the number of guests who have access to the highest level of rewards. The decision to switch to this system was made after the current loyalty program become inflated with members who have benefits for life. While the new system alleviates this issue, it isn't going over well with loyalty members. Carnival Stock Ratings and Movement Today James Hardiman. This suggests a possible 19.91% upside for CCL stock. CCL shares were down 1.72% on Monday following the new loyalty program reveal. Investors will note the stock is also down 6.4% year-to-date but has rallied 45.03% over the past 12 months. Is CCL Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Carnival is Moderate Buy, based on 13 Buy and five Hold ratings over the past three months. With that comes an average CCL stock price target of $28.73, representing a potential 23.04% upside for the shares.
CNBC
25-04-2025
- Business
- CNBC
Stocks making the biggest moves premarket: Meta Platforms, Intel, Alphabet and more
Check out the companies making headlines before the bell. Meta Platforms — The Facebook and Instgram parent jumped about 3%. Meta cut staff in its Reality Labs division, CNBC reported. Alphabet – The Google and YouTube owner climbed more than 4% after first-quarter results topped Wall Street expectations. Alphabet earned $2.81 per share on $90.23 billion in revenue for the quarter, while analysts surveyed by LSEG had estimated $2.01 per share and $89.12 billion in revenue. T-Mobile – Shares of the telecommunications company fell 5.5% after it reported fewer first-quarter wireless phone subscribers than the Street expected, seeing 495,000 postpaid phone additions versus analysts' call for 504,000, according to StreetAccount. Earnings and revenue for the first quarter topped Street estimates. Intel – The chipmaker fell 7.2% after the outlook for the current quarter disappointed investors. Intel guided for revenue in the June quarter to come in at $11.8 billion dollars at the midpoint, less than consensus calls for $12.82 billion, according to LSEG. Management anticipates that earnings will break even. Intel also announced plans to reduce its operational and capital expenses. Gilead Sciences -- The biopharmaceutical stock slid 3.9% after posting first-quarter revenue of $6.67 billion, missing the consensus estimate of $6.81 billion from analysts polled by LSEG. Gilead earned $1.81 per share, excluding items, in the quarter, while Wall Street penciled in $1.79. Skechers – The footwear maker slumped 6% after reporting lower-than-expected first-quarter revenue and withdrew its 2025 forward financial forecasts on account of " macroeconomic uncertainty stemming from global trade policies ." Skechers' bottom-line results came in above analyst forecasts. Charles Schwab — The financial service provider advanced 1.4% after Goldman Sachs upgraded shares to buy from neutral, calling Schwab a resilient growth stock amid an uncertain backdrop. Hasbro — The toy company rose about 1% one day after soaring 15%. Citigroup raised its investment opinion to buy from neutral, saying Hasbro's stronger-than-expected Wizards of the Coast business outweighs any uncertainty stemming from tariff policy, according to analyst James Hardiman. Boston Beer -- Shares of the Samuel Adams brewer rose nearly 3% after first-quarter results beat expectations. Boston Beer generated $2.16 in earnings per share on $453.9 million of revenue, while analysts surveyed by FactSet looked for 56 cents per share on $435.6 million in revenue. Boston Beer warned in its outlook that tariffs could hurt full-year earnings. — CNBC's Alex Harring and Jesse Pound contributed reporting Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today's dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles, and Dan Ives, with a special edition of Pro Talks with Tom Lee. You'll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
