Michael Bayley, Pres & CEO of Royal Caribbean Intl, executed a sale of 11,753 shares of Royal Caribbean Group (RCL, Financial) on February 13, 2024, according to a recent SEC Filing. The insider has been active in the market over the past year, selling a total of 60,177 shares while making no purchase transactions.
Royal Caribbean Group is a global cruise vacation company that owns and operates three global brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company is also a 50% joint venture owner of the German brand TUI Cruises and a 49% shareholder of the Spanish brand Pullmantur Cruceros. Together, these brands operate a combined total of 61 ships with an additional 15 on order as of December 31, 2020. They offer itineraries to destinations around the world that include approximately 540 destinations on all seven continents.
The insider transaction history for Royal Caribbean Group indicates a trend of more insider selling than buying over the past year, with 14 insider sells and only 1 insider buy recorded.
On the valuation front, Royal Caribbean Group's shares were trading at $116.01 on the day of the insider's recent transaction, giving the company a market cap of $30.209 billion. The price-earnings ratio stands at 18.94, which is below the industry median of 20.96 and also below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 0.71, with a GF Value of $163.47, indicating that Royal Caribbean Group is considered Modestly Undervalued according to GuruFocus's valuation model.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
