Bayforest Capital Ltd Cuts Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Bayforest Capital Ltd reduced its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 39.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,867 shares of the company’s stock after selling 1,236 shares during the quarter. Bayforest Capital Ltd’s holdings in Norwegian Cruise Line were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new stake in Norwegian Cruise Line in the 1st quarter valued at $1,645,000. New Wave Wealth Advisors LLC increased its holdings in Norwegian Cruise Line by 5,467.9% in the 1st quarter. New Wave Wealth Advisors LLC now owns 18,374 shares of the company’s stock valued at $348,000 after purchasing an additional 18,044 shares in the last quarter. Wellington Management Group LLP increased its holdings in Norwegian Cruise Line by 211.1% in the 4th quarter. Wellington Management Group LLP now owns 831,820 shares of the company’s stock valued at $21,403,000 after purchasing an additional 564,423 shares in the last quarter. Emerald Advisers LLC increased its holdings in Norwegian Cruise Line by 251.7% in the 1st quarter. Emerald Advisers LLC now owns 63,670 shares of the company’s stock valued at $1,207,000 after purchasing an additional 45,569 shares in the last quarter. Finally, CHICAGO TRUST Co NA acquired a new stake in shares of Norwegian Cruise Line during the first quarter valued at about $463,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Argus reaffirmed a “hold” rating on shares of Norwegian Cruise Line in a research report on Wednesday, June 18th. Mizuho increased their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Citigroup increased their price target on shares of Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Jefferies Financial Group increased their price target on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Finally, Truist Financial reduced their price target on shares of Norwegian Cruise Line from $35.00 to $27.00 and set a “buy” rating on the stock in a research report on Monday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line has an average rating of “Moderate Buy” and a consensus price target of $27.60.

Norwegian Cruise Line Price Performance

Shares of NYSE:NCLH opened at $26.68 on Friday. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29. The stock has a market cap of $12.06 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.22 and a beta of 2.19. The stock’s 50 day moving average price is $24.25 and its 200 day moving average price is $20.54. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the company posted $0.40 EPS. Norwegian Cruise Line’s quarterly revenue was up 6.1% on a year-over-year basis. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. Equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current fiscal year.

About Norwegian Cruise Line

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.