Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Given Average Rating of “Moderate Buy” by Brokerages

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) has been given an average rating of “Moderate Buy” by the twenty-three ratings firms that are currently covering the company, Marketbeat reports. Nine investment analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $27.9474.

NCLH has been the subject of several recent research reports. Morgan Stanley decreased their target price on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. Tigress Financial boosted their target price on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a report on Wednesday, August 27th. Stifel Nicolaus increased their price target on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. Finally, Barclays lowered their price objective on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th.

Read Our Latest Stock Analysis on NCLH

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH opened at $19.23 on Thursday. The stock has a market cap of $8.75 billion, a P/E ratio of 14.14, a P/E/G ratio of 0.60 and a beta of 2.11. Norwegian Cruise Line has a twelve month low of $14.21 and a twelve month high of $29.29. The stock has a 50 day moving average of $20.69 and a two-hundred day moving average of $22.00. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 6.22.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced 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. The business 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 6.85% and a return on equity of 55.51%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. On average, research analysts forecast that Norwegian Cruise Line will post 1.48 earnings per share 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 business’s stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average cost of $18.11 per share, with a total value of $525,334.88. Following the completion of the acquisition, the director directly owned 66,017 shares of the company’s stock, valued at approximately $1,195,567.87. This trade represents a 78.38% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Harry Sommer acquired 25,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Thursday, November 6th. The stock was purchased at an average price of $18.52 per share, with a total value of $463,000.00. Following the transaction, the chief executive officer owned 720,728 shares of the company’s stock, valued at $13,347,882.56. This trade represents a 3.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders acquired 90,029 shares of company stock valued at $1,663,575. Insiders own 0.41% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NCLH. MUFG Securities EMEA plc acquired a new stake in Norwegian Cruise Line in the second quarter valued at $26,000. Sentry Investment Management LLC acquired a new position in shares of Norwegian Cruise Line during the 2nd quarter worth $31,000. Laurel Wealth Advisors LLC increased its holdings in shares of Norwegian Cruise Line by 1,928.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after purchasing an additional 1,928 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Norwegian Cruise Line by 133.3% in the second quarter. Hantz Financial Services Inc. now owns 2,284 shares of the company’s stock valued at $46,000 after purchasing an additional 1,305 shares during the period. Finally, Westside Investment Management Inc. boosted its holdings in Norwegian Cruise Line by 81.9% during the third quarter. Westside Investment Management Inc. now owns 2,004 shares of the company’s stock worth $49,000 after buying an additional 902 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

(Get Free Report)

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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Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

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