Royal Caribbean Cruises Reaches 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 Tuesday as it is currently trading at $35.82, above its previous 52-week high of $35.67 with 1.2 million shares traded as of 11:01 a.m. ET. Average volume has been two million shares over the past 30 days.

Royal Caribbean Cruises has a market cap of $7.42 billion and is part of the services sector and leisure industry. Shares are up 37.3% year to date as of the close of trading on Monday.

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 16.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Royal Caribbean Cruises as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Royal Caribbean Cruises Ratings Report.

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