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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Cruise lines navigate from worst to first in 2023 surge

Cruise Lines stocks

Perhaps no other industry better exemplifies the “worst to first” phenomenon than cruise lines.

Royal Caribbean Cruises Ltd. (NYSE: RCL) and Carnival Corp. & plc (NYSE: CCL) are among 2023’s top 10 best gainers in the S&P 500, while Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is in the top 30.

Worst to first refers to a turnaround scenario where underperforming entities or assets transform into top performers. 

Several factors are behind these companies’ stellar year.

As the industry continues to bounce back from some of the most draconian pandemic-era closures, cruise line customers are finding that prices are often more affordable than a typical resort vacation. That, along with pent-up demand for cruising, is driving business. 

Upgrading the customer experience

Some of the bigger cruise lines have been expanding their fleet and upgrading existing ships with more upscale accommodations and improved dining, recreation and entertainment offerings. 

According to industry trade group The Cruise Lines International Association, more customers will be getting on board in 2024. The group is forecasting 36 million ocean-going cruise passengers in 2024, up from 31.5 million in 2023. 

Among its members, the group projects the fleet of ocean-going cruise ships to exceed 300 vessels for the first time in 2024. It expects its members to launch 12 new ships in 2024. 

In addition, the companies have been reinventing themselves as leaner, more efficient versions of their pre-Covid structures. The complete shutdown of their operations forced them to shed costs, and they haven’t simply returned to their previous spending levels. Instead, the companies have a renewed focus on profit margins.

Biggest passenger ship setting sail

One example of this new focus is Royal Caribbean’s Icon of the Seas, the world’s biggest passenger vessel, designed with operational efficiencies, as well as improved customer experience, in mind. 

Royal Caribbean revenue has been surging at double- and triple-digit rates in the past eight quarters, while the company is expected to report 2023 earnings of $6.60 a share, the first profit since 2019. 

You can see the year-over-year growth trajectory using the Royal Caribbean earnings data. The Royal Caribbean analyst forecasts show a consensus view of “moderate buy.” 

The stock is up 22.07% in the past month, 41.28% in the past three months and 162.84% year-to-date.

Fun at an affordable price

Carnival Cruise Lines’ value proposition is fun at an affordable price. The company has returned 27.61% in the past month, 29.29% in the past three months and 131.64% year-to-date. 

Analysts expect huge earnings growth in 2024, with net income rising by 9,618% to 97 cents a share. In 2025, that’s expected to grow by another 38% to $1.34 a share. 

The Carnival Cruise Lines chart shows the stock is currently in a buy zone, trading 5.7% below its December 22 high of $19.74. There’s some risk at this juncture, as you don’t want to chase a stock lower than about 7% from its prior high. However, it’s finding support at its 10-day moving average, indicating that there’s likely just a touch of profit-taking after a run-up that began in late October.

The Norwegian Cruise Lines chart shows a similar pattern, with the stock selling off lightly and getting moving average support. However, Norwegian appears to be forming a handle with a buy point above $21.26. 

Norwegian's pivot back to profitability

Analysts expect Norwegian to return to profitability in 2023 for the first time since 2019, with earnings growing by 63% to $1.24 a share in 2024.

Royal Caribbean, Carnival Cruise Lines and Norwegian are tracked in the Consumer Discretionary Select Sector SPDR Fund (NYSEARCA: XLY). In the past month, Norwegian is the biggest gainer among consumer discretionary stocks, with Carnival third and Royal Caribbean sailing into fifth place. 

For 2023, Royal Caribbean and Carnival are the top 2 best performers in the consumer discretionary sector, while Norwegian Cruise Lines is the ninth best. 

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