Cwm LLC boosted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Free Report) by 17.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 26,651 shares of the company’s stock after buying an additional 4,001 shares during the period. Cwm LLC’s holdings in Norwegian Cruise Line were worth $540,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of NCLH. Brooklyn Investment Group grew its position in shares of Norwegian Cruise Line by 22.0% during the 1st quarter. Brooklyn Investment Group now owns 3,394 shares of the company’s stock worth $64,000 after buying an additional 613 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of Norwegian Cruise Line by 4.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 16,661 shares of the company’s stock worth $338,000 after buying an additional 669 shares in the last quarter. Burns Matteson Capital Management LLC grew its position in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. Burns Matteson Capital Management LLC now owns 17,618 shares of the company’s stock worth $334,000 after buying an additional 677 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of Norwegian Cruise Line by 0.3% during the 1st quarter. Hsbc Holdings PLC now owns 231,447 shares of the company’s stock worth $4,370,000 after buying an additional 684 shares in the last quarter. Finally, Allworth Financial LP grew its position in shares of Norwegian Cruise Line by 19.1% during the 1st quarter. Allworth Financial LP now owns 4,690 shares of the company’s stock worth $89,000 after buying an additional 753 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. Morgan Stanley increased their price target on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Monday, August 4th. Susquehanna raised their price objective on Norwegian Cruise Line from $18.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. TD Cowen began coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They set a “buy” rating and a $31.00 price objective on the stock. UBS Group raised their price objective on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, August 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average target price of $27.80.
Norwegian Cruise Line Trading Up 0.0%
Norwegian Cruise Line stock opened at $23.49 on Friday. The stock has a 50-day moving average of $24.58 and a two-hundred day moving average of $21.52. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. Norwegian Cruise Line Holdings Ltd. has a one year low of $14.21 and a one year high of $29.29. The stock has a market cap of $10.61 billion, a PE ratio of 16.20, a price-to-earnings-growth ratio of 0.75 and a beta of 2.21.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter last year, the business posted $0.40 earnings per share. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. 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 anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.
Norwegian Cruise Line 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.
Featured Articles
- Five stocks we like better than Norwegian Cruise Line
- What Are Dividends? Buy the Best Dividend Stocks
- Rayonier-PotlatchDeltic Merger Signals Industry Upside
- How to Use the MarketBeat Dividend Calculator
- Hims & Hers Short Interest Nears All-Time High, Buy The Dip?
- What is a support level?
- This Defense Stock Has a $57B Backlog and New AI Tailwinds
Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.
