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Category: Norwegian Cruise Line (NCLH) and Carnival Corporation (CCL)
Date: 27 June 2021 Stock price of Norwegian: $31.03 Stock price of Carnival Corporation: $28.13 Stock price performance comparison between two of the largest cruise shipping firms in the world. We compare the stock performance of Norwegian Cruise Line Holdings (NCLH) and Carnival Corporation (CCL) over the last 5 years. And its been a very tough time for these two firms since the start of the Covid-19 pandemic.
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So over the last 5 years, the stock of Norwegian has easily outperformed that of Carnival. Norwegian Cruise Line Holdings stock has recovered a lot faster following the massive declines due to the impact of Covid-19 on their businesses"
More About Norwegian Cruise Line Holdings (NCLH)
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. With a combined fleet of 28 ships with approximately 59,150 berths, these brands offer itineraries to more than 490 destinations worldwide. The Company will introduce nine additional ships through 2027.
More About Carnival Corporation (CCL)
Carnival Corporation & plc, the world’s largest leisure travel company, provides travelers around the globe with extraordinary vacations at an exceptional value. The company’s portfolio of global cruise line brands includes Carnival Cruise Line, Holland America Line, Princess Cruises and Seabourn in North America; P&O Cruises (UK) and Cunard in Southampton, England; AIDA Cruises in Rostock, Germany; Costa Cruises in Genoa, Italy; and P&O Cruises (Australia) in Sydney. Additionally, Carnival Corporation owns a tour company that complements its cruise operations: Holland America Princess Alaska Tours which operates in Alaska and the Yukon.
Together, these brands comprise the world’s largest cruise company with a fleet of 102 ships visiting more than 700 ports around the world. A total of 19 new ships are scheduled to be delivered to Carnival Corporation between 2017 and 2022.
Carnival Corporation employs over 120,000 people worldwide and its 10 cruise line brands attract nearly 11.5 million guests annually, which is about 50 percent of the global cruise market. Combining more than 225,000 daily cruise guests and 100,000 shipboard employees, more than 325,000 people are sailing aboard the Carnival Corporation fleet every single day, totaling about 85 million passenger cruise days a year.
Carnival Corporation’s 10 leading brands offer a wide range of vacation experiences for millions of guests with varied leisure-time preferences from multiple backgrounds, cultures and languages. The company’s broad product offerings appeal to travelers of all kinds with many preferences, and consistently provide extraordinary vacation experiences at an outstanding value, especially when compared to similar land-based vacation options.
Together, these brands comprise the world’s largest cruise company with a fleet of 102 ships visiting more than 700 ports around the world. A total of 19 new ships are scheduled to be delivered to Carnival Corporation between 2017 and 2022.
Carnival Corporation employs over 120,000 people worldwide and its 10 cruise line brands attract nearly 11.5 million guests annually, which is about 50 percent of the global cruise market. Combining more than 225,000 daily cruise guests and 100,000 shipboard employees, more than 325,000 people are sailing aboard the Carnival Corporation fleet every single day, totaling about 85 million passenger cruise days a year.
Carnival Corporation’s 10 leading brands offer a wide range of vacation experiences for millions of guests with varied leisure-time preferences from multiple backgrounds, cultures and languages. The company’s broad product offerings appeal to travelers of all kinds with many preferences, and consistently provide extraordinary vacation experiences at an outstanding value, especially when compared to similar land-based vacation options.
Norwegian Cruise Line (NCLH) vs Carnival Corporation (CCL) stock comparison
The image below shows the stock price performance of Norwegian Cruise Line Holdings (NCLH) and Carnival Corporation (CCL) over the last 5 years. And its not been a good time for these two companies since the start of the Covid-19 pandemic, as shown by the falling off a cliff declines in their stock prices in early 2020. The summary below shows the stock price returns of Norwegian Cruise Line (NCLH) and Carnival Corporation (CCL) over the last 5 years:
So over the last 5 years, the stock of Norwegian has easily outperformed that of Carnival. Norwegian Cruise Line Holdings stock has recovered a lot faster following the massive declines due to the impact of Covid-19 on their businesses
- Norwegian Cruise Line Holdings (NCLH): -24.5%
- Carnival Corporation (CCL): -37.9%
So over the last 5 years, the stock of Norwegian has easily outperformed that of Carnival. Norwegian Cruise Line Holdings stock has recovered a lot faster following the massive declines due to the impact of Covid-19 on their businesses
Market Capital of Norwegian Cruise Line Holdings (NCLH) and Carnival Corporation (CCL)
So what does market capital mean? Well it basically shows what a firm is worth based on the number of shares it has in issue and its current stock price. As at 25 June 2021 Norwegian Cruise Line Holdings and Carnival Corporation has the following market capitals
Based on the current market capital of both firms Carnival Corporation is 2.71 times the size of Norwegian Cruise Line Holdings
- Market Capital of Norwegian Cruise Line Holdings: $11.5 billion
- Market Capital of Carnival Corporation: $31.2 billion
Based on the current market capital of both firms Carnival Corporation is 2.71 times the size of Norwegian Cruise Line Holdings
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