Mixed Analyst Attention: Royal Caribbean Cruises Ltd. (RCL), Maxim Integrated Products, Inc. (MXIM)

The shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) has been pegged with a rating of Hold by Argus in its latest research note that was published on August 13th, 2019. Argus wasn’t the only research firm that published a report of Royal Caribbean Cruises Ltd., with other equities research analysts also giving their opinion on the stock. Deutsche Bank advised investors in its research note published on August 29th, 2018, to Buy the RCL stock while also putting a $146 price target. The stock had earned Positive rating from Susquehanna when it published its report on June 15th, 2018. That day the Susquehanna set price target on the stock to $146. The stock was given Buy rating by Stifel in its report released on January 25th, 2018, the day when the price target on the stock was placed at $152. Berenberg was of a view that RCL is Buy in its latest report on January 11th, 2018. Macquarie thinks that RCL is worth Neutral rating. This was contained in the firm’s report on November 30th, 2017.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 12 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $141.12. The price of the stock the last time has raised by 21.85% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 41.35.

The shares of the company added by 1.61% during the trading session on Tuesday, reaching a low of $104.30 while ending the day at $109.03. During the trading session, a total of 2.32 million shares were traded which represents a -31.8% decline from the average session volume which is 1.76M shares. RCL had ended its last session trading at 107.30. Royal Caribbean Cruises Ltd. currently has a market cap of $22.95B, while its P/E ratio stands at 12.39, while its P/E earnings growth sits at 2.21, with a beta of 1.36. Royal Caribbean Cruises Ltd. debt-to-equity ratio currently stands at 0.93, while its quick ratio hovers at 0.10. RCL 52-week low price stands at $89.48 while its 52-week high price is $133.60.

The company in its last quarterly report recorded $2.54 earnings per share which is above the $2.45 predicted by most analysts. The Royal Caribbean Cruises Ltd. generated $2,806.63 million in revenue during the last quarter, which is slightly higher than the $2,797.61 million predicted by analysts. In the second quarter last year, the firm recorded $1.31 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 48.43%. Royal Caribbean Cruises Ltd. has the potential to record 8.80 EPS for the current fiscal year, according to equities analysts.

Investment analysts at The Benchmark Company published a research note on August 1st, 2019 where it informed investors and clients that Maxim Integrated Products, Inc. (NASDAQ:MXIM) is now rated as Hold. Deutsche Bank also rated MXIM as Upgrade on August 29th, 2018, with its price target of $146 suggesting that MXIM could surge by 12.77% from its current share price. Even though the stock has been trading at $53.09/share, analysts expect it to surge higher by 1.77% to reach $61.94/share. It started the day trading at $55.10 and traded between $52.52 and $54.03 throughout the trading session.

A look at its technical shows that MXIM’s 50-day SMA is 58.99 while its 200-day SMA stands at 55.35. The stock has a high of $65.73 for the year while the low is $46.64. The company’s P/E ratio currently sits at 16.74, while the P/B ratio is 8.87. At the moment, only of Maxim Integrated Products, Inc. shares were sold short. The company’s average trading volume currently stands at 1.72M shares, which means that the short-interest ratio is just 3.38 days. Over the past seven days, the company moved, with its shift of -0.13%. Looking further, the stock has dropped -0.13% over the past 90 days while it lost -2.88% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. T Rowe Price Associates Inc sold more MXIM shares, decreasing its portfolio by -0.04% during the last quarter. This move now sees T Rowe Price Associates Inc selling -16,349 shares in the last quarter, thus it now holds 37,858,665 shares of MXIM, with a total valuation of $2,240,854,381. The Vanguard Group Inc meanwhile sold more MXIM shares in the recently filed quarter, changing its stake to $1,803,789,739 worth of shares. BlackRock Fund Advisors followed the path by decreasing its MXIM portfolio by -7.07% in the quarter. This means that BlackRock Fund Advisors sold -1,134,849 shares in the last quarter and now controls 14,916,809 shares of the MXIM stock, with the valuation hitting $882,925,925.

Similarly, American Century Investment Manag decreased its Maxim Integrated Products, Inc. shares by -1.15% during the recently filed quarter. After selling -118,753 shares in the last quarter, the firm now controls 10,218,508 shares of Maxim Integrated Products, Inc. which are valued at $604,833,489. In the same vein, Wellington Management Co LLP decreased its Maxim Integrated Products, Inc. shares by during the most recent reported quarter. The firm sold -297,924 shares during the quarter which decreased its stakes to 8,911,885 shares and is now valued at $527,494,473. Following these latest developments, around 0.20% of Maxim Integrated Products, Inc. stocks are owned by institutional investors and hedge funds.