Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Consensus Rating of “Moderate Buy” from Brokerages

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) has been given a consensus rating of “Moderate Buy” by the twenty-three research firms that are currently covering the firm, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $28.2632.

Several research analysts have recently weighed in on the stock. Zacks Research lowered shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Truist Financial increased their target price 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. Mizuho lifted 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 note on Friday, August 1st. The Goldman Sachs Group cut their target price on Norwegian Cruise Line from $27.00 to $23.00 and set a “buy” rating on the stock in a research report on Tuesday, November 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th.

Norwegian Cruise Line Stock Performance

Norwegian Cruise Line stock opened at $18.29 on Friday. The company has a market capitalization of $8.32 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 0.71 and a beta of 2.22. The stock has a fifty day moving average of $23.21 and a two-hundred day moving average of $21.95. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. 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 (NYSE:NCLH) last released its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. The company had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line had a net margin of 7.52% and a return on equity of 59.88%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. On average, analysts anticipate that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

Insider Buying and Selling at Norwegian Cruise Line

In related news, insider Jason Montague bought 13,400 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $18.81 per share, with a total value of $252,054.00. Following the completion of the transaction, the insider directly owned 13,400 shares of the company’s stock, valued at approximately $252,054. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Zillah Byng-Thorne acquired 29,008 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average price of $18.11 per share, for a total transaction of $525,334.88. Following the completion of the transaction, the director owned 66,017 shares in the company, valued at $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 90,029 shares of company stock worth $1,663,575. 0.41% of the stock is owned by company insiders.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of hedge funds have recently modified their holdings of the stock. Ariel Investments LLC raised its position in Norwegian Cruise Line by 126.8% during the first quarter. Ariel Investments LLC now owns 9,081,170 shares of the company’s stock valued at $172,179,000 after buying an additional 5,077,531 shares during the period. 59 North Capital Management LP acquired a new position in shares of Norwegian Cruise Line in the first quarter valued at $69,877,000. Freestone Grove Partners LP raised its holdings in shares of Norwegian Cruise Line by 338.8% in the 3rd quarter. Freestone Grove Partners LP now owns 3,690,333 shares of the company’s stock worth $90,893,000 after buying an additional 2,849,349 shares in the last quarter. Norges Bank bought a new stake in Norwegian Cruise Line during the second quarter worth about $49,620,000. Finally, Balyasny Asset Management L.P. lifted its position in Norwegian Cruise Line by 626.3% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,771,061 shares of the company’s stock worth $68,251,000 after buying an additional 2,389,540 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

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.