Wealth Enhancement Advisory Services LLC grew its position in Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 17.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,444 shares of the company’s stock after acquiring an additional 5,234 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Norwegian Cruise Line were worth $757,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of NCLH. New Age Alpha Advisors LLC purchased a new stake in shares of Norwegian Cruise Line during the first quarter worth about $33,000. Versant Capital Management Inc increased its stake in shares of Norwegian Cruise Line by 147.7% during the first quarter. Versant Capital Management Inc now owns 1,880 shares of the company’s stock worth $36,000 after purchasing an additional 1,121 shares in the last quarter. Bogart Wealth LLC increased its stake in shares of Norwegian Cruise Line by 1,012.0% during the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after purchasing an additional 2,024 shares in the last quarter. CENTRAL TRUST Co increased its stake in shares of Norwegian Cruise Line by 2,621.0% during the first quarter. CENTRAL TRUST Co now owns 2,721 shares of the company’s stock worth $52,000 after purchasing an additional 2,621 shares in the last quarter. Finally, SVB Wealth LLC purchased a new stake in shares of Norwegian Cruise Line during the first quarter worth about $56,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.
Wall Street Analysts Forecast Growth
NCLH has been the subject of a number of research reports. Stifel Nicolaus boosted their target price on shares of Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, September 11th. Argus reissued a “hold” rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. Morgan Stanley upped their price objective on shares of Norwegian Cruise Line from $24.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday, August 4th. Jefferies Financial Group upped their price objective on shares of Norwegian Cruise Line from $24.00 to $29.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Saturday, September 27th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.80.
Norwegian Cruise Line Price Performance
Norwegian Cruise Line stock opened at $24.31 on Friday. The firm has a market cap of $10.98 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 1.10 and a beta of 2.21. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. The company’s 50 day moving average is $24.86 and its two-hundred day moving average is $21.04.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The business had revenue of $2.52 billion for the quarter, compared to analyst estimates 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 company earned $0.40 earnings per share. 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, research analysts expect 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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