Stock Update: Carnival Corporation (NYSE:CCL) – Got the Winter Blues? Take a Carnival Corporation Virtual Cruise

[PR Newswire] – MIAMI, Feb. 18, 2016 /PRNewswire/ — Carnival Corporation & plc, the world ’s largest leisure travel company, today announced a new virtual reality (VR) cruise simulation that will be available at 133 AT&T stores in 37 states around the United States from February 19 through March 11. Using Samsung Gear VR technology , the in-store virtual reality display will provide a compelling experience that promises a way to get away from the winter blues, using the latest VR innovations to “see” why millions of people choose to book Carnival Corporation cruise getaways. The VR content, developed by Carnival Corporation specifically for this winter experience, showcases decks, staterooms, entertainment venues and other exciting features on ships from the company’s Holland America Line, Princess Cruises and Carnival Cruise Line brands, as well as beach and excursion offerings in Mexico, Barcelona and other popular destinations throughout the world . Read more on this. Carnival Corporation (CCL) , with a current market cap of $35.05B, opened this morning at $45.94. Looking at the stock , its one day range is $45.16 to $46.06 with a one year range of $40.52 to $55.77. Priced at 13.71x this year’s forecasted earnings, CCL shares are relatively inexpensive compared to the industry’s 17.28x forward p/e ratio. The company pays shareholders $1.20 per share in dividend income per year, for a current yield of 2.72%. According to a consensus of 16 analysts, the earnings estimate of $0.32 per share would be $0.12 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $3.35, which would be a $0.65 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.63 Billion. If realized, that would be a 2.83% increase over the year-ago quarter. Recently, HSBC Securities Initiated CCL at Buy (Nov 25, 2015). Previously, Nomura upgraded CCL from Neutral to Buy. The average price target for CCL shares by the analysts covering the stock is $60.05, which is 30.71% above where the stock opened this morning. See more in (NYSE:CCL) Similar Articles: Company Update (NYSE:CCL): Carnival Corporation to Build Four Cruise Ships as Part of Memo of Agreement with Fincantieri S.p.A. Company Update: Carnival Corporation (NYSE:CCL) – Carnival Corporation Expands to Four Cruise Brands in China, Accelerates Market Leadership with Additional Ships Serving Chinese Travelers in 2017 Company Update: Carnival Corporation (NYSE:CCL) – Carnival Corporation Adds Third Berth to Cozumel Pier, Will Increase its Cruise Ship Brands’ Visits to Popular Port