Carnival's Strong Q4 Performance Boosts Stock and Beats Revenue Estimates

Carnival Corporation & plc's share price has surged by 28% in the last month, capping off a 121% increase in the past year. Despite this, the company's price-to-sales (P/S) ratio of 1.2x is still relatively moderate compared to the industry median of 1.4x. While Carnival Corporation has shown strong revenue growth, investors may be concerned that this growth could slow down in the future. Analysts forecast a lower revenue growth rate of 8.7% per year for the next three years, compared to the industry's 13% growth forecast. The current P/S ratio suggests that investors are willing to pay a premium for exposure to the stock, but the limited growth expectations may eventually weigh down the shares.