Advisors Asset Management Inc. lessened its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 26.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,049 shares of the company’s stock after selling 1,483 shares during the quarter. Advisors Asset Management Inc.’s holdings in Norwegian Cruise Line were worth $77,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the company. New Age Alpha Advisors LLC acquired a new stake in Norwegian Cruise Line in the 1st quarter worth $33,000. Versant Capital Management Inc lifted its stake in shares of Norwegian Cruise Line by 147.7% in the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company’s stock valued at $36,000 after buying an additional 1,121 shares during the period. Raiffeisen Bank International AG bought a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at about $40,000. Bogart Wealth LLC lifted its stake in shares of Norwegian Cruise Line by 1,012.0% in the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock valued at $42,000 after buying an additional 2,024 shares during the period. Finally, CENTRAL TRUST Co lifted its stake in shares of Norwegian Cruise Line by 2,621.0% in the first quarter. CENTRAL TRUST Co now owns 2,721 shares of the company’s stock valued at $52,000 after buying an additional 2,621 shares during the period. Institutional investors own 69.58% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on NCLH shares. Tigress Financial increased their target price on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a research note on Wednesday, August 27th. Mizuho increased their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Susquehanna increased their target price on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. TD Cowen began coverage on shares of Norwegian Cruise Line in a research note on Tuesday, July 22nd. They issued a “buy” rating and a $31.00 target price for the company. Finally, Argus reissued a “hold” rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.60.
Norwegian Cruise Line Price Performance
Norwegian Cruise Line stock opened at $26.68 on Friday. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The company has a market capitalization of $12.06 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 1.22 and a beta of 2.19. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The business has a 50 day simple moving average of $24.25 and a 200 day simple moving average of $20.58.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.Norwegian Cruise Line’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 EPS. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. On average, sell-side analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.
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.
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