文章核心观点 - 新冠疫情对游轮行业造成了巨大冲击,导致了大规模的财务损失、裁员和运营重组 [1][2] - 随着疫情逐步缓解,部分公司成功实现了复苏,利用了积压的需求和消费者偏好的变化 [2] - 但并非所有公司都如此幸运,一些企业仍在努力克服疫情的长期影响,难以恢复到疫情前的势头 [2] - 在这种背景下,游轮股票成为了一个特别有趣的投资标的 [3] 公司分析 皇家加勒比游轮公司(RCL) - 在疫情后期表现最出色的游轮公司之一,过去一年股价飙升近50% [5] - 第二季度业绩创纪录,销售额同比增长16.7%至41.1亿美元,主要得益于出色的客座率和票价上涨 [6] - 利润率也有所扩大,调整后每股收益增长76%,超出华尔街预期 [6] - 公司已恢复派息,显示对未来前景的信心 [7] - 尽管股价大涨,但估值仍相对较低,预计今年每股收益将达到11.35-11.45美元,同比增长68% [7] 嘉年华公司(CCL) - 股价在疫情后期尚未能有效反弹,较疫情前低约80% [8] - 主要是由于公司负债较重,利息支出持续压制盈利能力,尽管收入开始恢复 [8][9] - 第二季度收入增长17.7%至57.8亿美元,调整后EBITDA增长76%至12亿美元 [9] - 但由于大额利息支出,调整后净利润仅为1.34亿美元,每股0.11美元 [9] - 未来随着去杠杆化努力,净利润有望快速增长,分析师预计未来5年每股收益年复合增长12% [10] - 目前股价仅为预期今年每股收益的12倍,存在较大上涨潜力 [10] 挪威邮轮公司(NCLH) - 与嘉年华类似,股价在疫情后期也未能有效反弹,较疫情前低约75% [12] - 主要原因同样是负债较重,导致利息支出大幅压制盈利 [12] - 第二季度收入增长近8%至24亿美元,调整后EBITDA增长14%至5.878亿美元 [13] - 但由于高昂的利息支出1.785亿美元,调整后净利润仅为2.037亿美元,每股0.4美元 [13] - 未来随着去杠杆化,每股收益有望以16%的年复合增长率增长 [14] - 目前股价仅为预期今年每股收益的9.8倍,投资价值与嘉年华相似 [14]

Game-Changing MedallionNet Max WiFi Debuts August 31 Exclusively with Princess Plus and Princess Premier BundlesPrincess to Host First-Ever Land/Sea Custom UGC Competition to Demonstrate Connectivity ExcellenceFT. LAUDERDALE, Fla. , Aug. 7, 2024 /PRNewswire/ -- Princess Cruises, the world's most iconic cruise brand, today announced the launch of MedallionNet Max, a new level of onboard Wi-Fi service that will meet the growing demands of today's intensively digitally-connected travelers and continue to expan ...

Market indicators became more pessimistic.Carnival Corp. (CCL 0.97%) stock dropped 11% in July, according to data provided by S&P Global Market Intelligence. It was negatively affected by overall macroeconomic events and investor sentiment, but there wasn't any news specific to the cruise industry leader.Demonstrating why it's a leaderCarnival was a reliable market-beating stock before the pandemic, with steady increases in revenue and profits over many years. It also paid a growing dividend.That all change ...

The best cruise stocks are navigating a sea of opportunity as the sector continues its emphatic recovery from pandemic lows.Cruise liners, especially the market forerunners, have done an exceptional job of returning from the pandemic nightmare. Over the past few years, we’ve seen a marked increase in bookings and consumer demand for travel and leisure. Consequently, this uptick in demand has been driven by aggressive expansion strategies and the launch of new ships while diversifying routes to capture a muc ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they ...

The pullbacks in some of the top cruise stocks are all buying opportunities.Look at Royal Caribbean (NYSE:RCL), for example.Even with strong booking demand and earnings growth, the stock dropped from about $173 to a recent low of about $152, where it’s now oversold and pivoting higher. Not only did it just catch support at its 50-day moving average, but it’s also excessively oversold on RSI and Williams’ %R. While expecting RCL to resume its uptrend, I’d buy the temporary weakness.From its last traded price ...

Rotterdam headlines eight departure ports from which guests can visit more than 175 UNESCO World Heritage Sites and 35 countriesSEATTLE, July 31, 2024 /PRNewswire/ -- Holland America Line opened its 2026 Europe season for booking with four ships taking guests on Mediterranean, Northern Europe, Canary Island and transatlantic cruises ranging from seven to 42 days. The carefully crafted itineraries grant travelers a wide array of options and new ports to choose from when booking their European holiday.Explori ...

Itineraries take guests to prime locations to experience natural phenomena including the Northern Lights, total solar eclipse and summer solstice SEATTLE, July 29, 2024 /PRNewswire/ -- Holland America Line is announcing a new slate of cruises that will take guests to prime locations throughout Europe to witness extraordinary celestial events. Those seeking to cross off bucket-list items like viewing the Northern Lights, a total solar eclipse or a summer solstice above the Arctic Circle will be able to book ...

文章核心观点 - 嘉年华公司业务表现良好，但股价仍未恢复至疫情前水平，投资者因经济衰退和高利率等因素对其股票持谨慎态度，不过公司基本面有亮点，若利率下降，股票可能上涨，总体来看有投资价值 [1][7] 公司业务情况 - 嘉年华业务蓬勃发展，目标客户为年长、富裕群体，对通胀和潜在衰退更具韧性，相比其他旅游股更易成功 [2] - 公司对预订情况有深入了解，未来12个月约50%的需求已提前预订，55%的客人是回头客，能较早察觉行业预警信号，目前无明显预警 [2][3] - 6月公司上调2024财年全年业绩指引，5月31日结束的第二季度营收达58亿美元创纪录，同比增长18% [3] 公司财务状况 - 公司长期债务超270亿美元，利息支出影响盈利，尽管营业收入稳步上升，但高利率使利润微薄 [4][6] - 公司正削减开支、提高效率，若利率降低，以更低成本融资，利润将改善 [6] 公司股价表现与投资建议 - 过去五年嘉年华股价下跌近60%，疫情冲击使其背负大量债务，投资者不确定最坏情况是否过去 [7] - 鉴于利率可能下降且公司业绩强劲，嘉年华可能是当下最佳成长股之一，虽有高负债风险，但更值得看好其未来 [7]

文章核心观点 - 天狼星XM控股和嘉年华公司股票虽今年表现逊于主要市场指数，但呈现改善趋势，有望股价大幅反弹 [1] 天狼星XM控股 - 公司通过卫星广播服务从数百万订阅用户处获得经常性收入，与主要汽车制造商合作预装服务，拥有3300万订阅用户，还拥有约600万订阅用户的潘多拉 [2] - 去年取消订阅略有增加，影响营收增长和股价，但管理层认为是车辆销售增加导致，预计2024年下半年订阅趋势改善 [2] - 第一季度广告收入同比增长7%，净利润同比增长14%至2.65亿美元 [3] - 分析师预计公司长期每股收益年增幅近10%，当前远期市盈率为13，若回到年初的17.4倍，股价可能再涨30% [3] 嘉年华 - 公司是全球最大邮轮运营商，2024年上半年财务业绩强劲，营收、营业利润、客户存款和预订趋势均高于2023年初 [4] - 公司努力提高盈利能力、减少疫情期间债务，预计到2028年大幅增加旗舰嘉年华邮轮航线的运力 [4] - 2025年需求趋势有利于实现更有利可图的增长，第二季度库存减少，可提前接受2025年预订，需求强劲和明年运力增长平缓将推动价格、营收和利润上升 [5] - 股票过去一年在一定区间波动，当前远期市盈率约16，华尔街预计今年调整后收益为1.18美元，2025年增至1.54美元，按当前市盈率计算股价可达24美元，潜在涨幅33% [6]