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

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) have received an average rating of “Moderate Buy” from the twenty-three brokerages that are currently covering the company, Marketbeat Ratings reports. Ten investment analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $27.3684.

Several analysts have commented on NCLH shares. Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. Barclays lowered their target price on Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Truist Financial reduced their price target on Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. lowered their price objective on Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Finally, The Goldman Sachs Group cut shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating and dropped their target price for the company from $23.00 to $21.00 in a report on Tuesday, December 9th.

Norwegian Cruise Line Price Performance

Shares of Norwegian Cruise Line stock opened at $22.78 on Monday. The business has a 50 day moving average of $20.27 and a 200 day moving average of $22.50. Norwegian Cruise Line has a 52 week low of $14.21 and a 52 week high of $29.29. The company has a market cap of $10.37 billion, a PE ratio of 16.75, a P/E/G ratio of 0.56 and a beta of 2.07. The company has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 6.22.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. The business 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 and its FY 2025 guidance at 2.100-2.100 EPS. As a group, equities 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 related news, Director Harry C. Curtis purchased 5,000 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were purchased at an average cost of $19.25 per share, with a total value of $96,250.00. Following the transaction, the director directly owned 50,325 shares in the company, valued at $968,756.25. This trade represents a 11.03% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jason Montague purchased 13,400 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average price of $18.81 per share, for a total transaction of $252,054.00. Following the purchase, the insider directly owned 13,400 shares in the company, valued at $252,054. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 90,029 shares of company stock valued at $1,663,575 over the last three months. 0.41% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Norwegian Cruise Line

Hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 2.3% during the second 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 during the last quarter. Sound Income Strategies LLC raised its stake in Norwegian Cruise Line by 16.6% in the 3rd quarter. Sound Income Strategies LLC now owns 3,507 shares of the company’s stock worth $82,000 after acquiring an additional 500 shares during the last quarter. Covestor Ltd lifted its position in Norwegian Cruise Line by 21.3% during the 3rd quarter. Covestor Ltd now owns 2,898 shares of the company’s stock worth $72,000 after acquiring an additional 509 shares during the period. Retirement Systems of Alabama lifted its position in Norwegian Cruise Line by 0.6% during the 3rd quarter. Retirement Systems of Alabama now owns 96,405 shares of the company’s stock worth $2,374,000 after acquiring an additional 529 shares during the period. Finally, US Bancorp DE grew its stake in Norwegian Cruise Line by 4.4% during the 3rd quarter. US Bancorp DE now owns 12,997 shares of the company’s stock valued at $320,000 after purchasing an additional 549 shares during the last quarter. 69.58% of the stock is owned by institutional investors.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.