Norwegian Cruise Line (NCLH) Scheduled to Post Earnings on Wednesday

Norwegian Cruise Line (NYSE:NCLH) will be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.12 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Tuesday, February 27th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.05). The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. Norwegian Cruise Line had a net margin of 1.94% and a return on equity of 108.69%. During the same period last year, the business posted ($1.10) EPS. On average, analysts expect Norwegian Cruise Line to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Norwegian Cruise Line Stock Up 5.5 %

Shares of NCLH opened at $19.56 on Wednesday. The business’s 50 day moving average is $18.84 and its 200 day moving average is $17.36. The company has a market capitalization of $8.33 billion, a PE ratio of 69.86, a price-to-earnings-growth ratio of 0.39 and a beta of 2.60. Norwegian Cruise Line has a 12-month low of $12.41 and a 12-month high of $22.75. The company has a current ratio of 0.22, a quick ratio of 0.19 and a debt-to-equity ratio of 40.94.

Wall Street Analyst Weigh In

NCLH has been the topic of several recent analyst reports. Mizuho initiated coverage on Norwegian Cruise Line in a research note on Tuesday, March 26th. They set a “neutral” rating and a $21.00 target price on the stock. The Goldman Sachs Group began coverage on Norwegian Cruise Line in a report on Wednesday, March 13th. They set a “neutral” rating and a $19.00 price target for the company. Wells Fargo & Company restated an “equal weight” rating and set a $18.00 price target on shares of Norwegian Cruise Line in a report on Friday, January 5th. Stifel Nicolaus restated a “buy” rating and set a $25.00 price target on shares of Norwegian Cruise Line in a report on Tuesday, April 9th. Finally, Susquehanna raised their price target on Norwegian Cruise Line from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $20.87.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.