Wells Fargo & Company Downgrades Norwegian Cruise Line (NYSE:NCLH) to Strong Sell

Norwegian Cruise Line (NYSE:NCLH) was downgraded by research analysts at Wells Fargo & Company from a “strong-buy” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other research analysts have also issued reports about the stock. UBS Group reaffirmed a “neutral” rating on shares of Norwegian Cruise Line in a research note on Wednesday, January 21st. TD Cowen restated a “buy” rating on shares of Norwegian Cruise Line in a report on Tuesday, January 13th. Jefferies Financial Group downgraded shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating and cut their price target for the company from $26.00 to $20.00 in a report on Monday, December 15th. Zacks Research lowered shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $20.00 target price (down from $28.00) on shares of Norwegian Cruise Line in a research report on Friday, February 13th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $26.32.

Norwegian Cruise Line Trading Up 2.1%

Shares of NCLH stock opened at $23.97 on Monday. The company has a market cap of $10.91 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 0.62 and a beta of 2.06. Norwegian Cruise Line has a 1 year low of $14.21 and a 1 year high of $27.18. The stock’s 50 day simple moving average is $22.72 and its two-hundred day simple moving average is $22.57. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17.

Institutional Trading of Norwegian Cruise Line

A number of large investors have recently modified their holdings of the company. MUFG Securities EMEA plc purchased a new position in Norwegian Cruise Line during the 2nd quarter worth $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Norwegian Cruise Line during the 4th quarter worth $31,000. Clearstead Advisors LLC increased its stake in shares of Norwegian Cruise Line by 130.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after buying an additional 909 shares during the period. Laurel Wealth Advisors LLC increased its stake in shares of Norwegian Cruise Line by 1,928.0% during the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after buying an additional 1,928 shares during the period. Finally, Aventura Private Wealth LLC bought a new stake in shares of Norwegian Cruise Line in the fourth quarter valued at about $42,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Trending Headlines about Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Elliott Management disclosed a roughly 10% stake and is pushing for broad board/management changes, arguing operational fixes could more than double the share price — this activist involvement is viewed as a catalyst for value realization. Elliott Takes 10% Stake in Norwegian, Targets $56 Share Price
• Positive Sentiment: Recent market commentary noted the shares outperformed the prior session (reported ~+2% close), reflecting short-term bullish momentum. Norwegian Cruise Line (NCLH) Surpasses Market Returns
• Neutral Sentiment: Analysts on average still rate NCLH around a “moderate buy,” indicating mixed but generally constructive broker sentiment. Norwegian Cruise Line Given Average Rating of “Moderate Buy”
• Neutral Sentiment: Wall Street previews suggest revenue/beat odds are mixed for the upcoming quarter — expectations for growth exist but the company may lack the drivers needed for a clear earnings beat. NCLH Earnings Expected to Grow: What to Know
• Negative Sentiment: Wells Fargo notably downgraded NCLH from “strong-buy” to “strong sell,” a sharp change that can pressure sentiment and trigger selling. Wells Fargo Downgrade Coverage
• Negative Sentiment: Operational disruption: NCLH canceled Puerto Vallarta port calls amid safety concerns in Mexico, which can dent near-term revenue and itineraries. Cruise companies cancel Puerto Vallarta stops after violence in Mexico

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.