Morgan Stanley Has Lowered Expectations for Norwegian Cruise Line (NYSE:NCLH) Stock Price

Norwegian Cruise Line (NYSE:NCLH) had its price objective lowered by stock analysts at Morgan Stanley from $27.00 to $25.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price objective points to a potential upside of 32.73% from the company’s current price.

A number of other research firms have also recently weighed in on NCLH. The Goldman Sachs Group lowered their price objective on shares of Norwegian Cruise Line from $31.00 to $27.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. UBS Group upped their price target on Norwegian Cruise Line from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 26th. Citigroup raised their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Truist Financial lifted their price objective on Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Finally, Bank of America raised their target price on Norwegian Cruise Line from $20.00 to $27.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.47.

Norwegian Cruise Line Stock Down 1.1%

Shares of NYSE:NCLH opened at $18.84 on Monday. The company has a market capitalization of $8.57 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 0.71 and a beta of 2.22. Norwegian Cruise Line has a 12-month low of $14.21 and a 12-month high of $29.29. The business has a 50-day moving average price of $23.62 and a 200 day moving average price of $21.95. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. The company had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Sell-side analysts expect that Norwegian Cruise Line will post 1.48 EPS for the current year.

Insider Buying and Selling at Norwegian Cruise Line

In other news, Director Zillah Byng-Thorne purchased 29,008 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average price of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the purchase, the director directly owned 66,017 shares of the company’s stock, valued at $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Stella David purchased 6,986 shares of the stock in a transaction on Thursday, November 6th. The shares were purchased at an average price of $18.59 per share, with a total value of $129,869.74. Following the acquisition, the director directly owned 103,474 shares in the company, valued at $1,923,581.66. This represents a 7.24% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 85,029 shares of company stock valued at $1,567,325. 0.41% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Norwegian Cruise Line

Several hedge funds have recently added to or reduced their stakes in NCLH. EverSource Wealth Advisors LLC boosted its holdings in shares of Norwegian Cruise Line by 2.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 21,908 shares of the company’s stock valued at $444,000 after buying an additional 493 shares in the last quarter. Sound Income Strategies LLC lifted its position in Norwegian Cruise Line by 16.6% in the third quarter. Sound Income Strategies LLC now owns 3,507 shares of the company’s stock valued at $82,000 after acquiring an additional 500 shares during the last quarter. Covestor Ltd lifted its position in Norwegian Cruise Line by 21.3% in the third quarter. Covestor Ltd now owns 2,898 shares of the company’s stock valued at $72,000 after acquiring an additional 509 shares during the last quarter. Retirement Systems of Alabama boosted its stake in Norwegian Cruise Line by 0.6% in the third quarter. Retirement Systems of Alabama now owns 96,405 shares of the company’s stock valued at $2,374,000 after acquiring an additional 529 shares in the last quarter. Finally, AdvisorShares Investments LLC grew its holdings in shares of Norwegian Cruise Line by 12.0% during the second quarter. AdvisorShares Investments LLC now owns 5,377 shares of the company’s stock worth $109,000 after purchasing an additional 577 shares during the last quarter. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

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.