Royal Caribbean Cruises Stock Hits New 52-Week High (RCL)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Royal Caribbean Cruises (NYSE: RCL) hit a new 52-week high Thursday as it is currently trading at $34.44, above its previous 52-week high of $33.05 with 4.4 million shares traded as of 10:36 a.m. ET. Average volume has been two million shares over the past 30 days.

Royal Caribbean Cruises has a market cap of $6.81 billion and is part of the services sector and leisure industry. Shares are up 25.8% year to date as of the close of trading on Wednesday.

Royal Caribbean Cruises Ltd. operates in the cruise vacation industry worldwide. It owns five cruise brands, which comprise Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisieres de France. The company has a P/E ratio of 14.3, equal to the average leisure industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Royal Caribbean Cruises as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Royal Caribbean Cruises Ratings Report.

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