Norwegian Cruise Line (NYSE:NCLH) Cut to Strong Sell at Zacks Research

Zacks Research downgraded shares of Norwegian Cruise Line (NYSE:NCLH) from a hold rating to a strong sell rating in a report published on Wednesday morning,Zacks.com reports.

A number of other research analysts also recently weighed in on the company. Susquehanna decreased their price target on Norwegian Cruise Line from $21.00 to $20.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Truist Financial dropped their price objective 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. Mizuho cut their price objective on Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Stifel Nicolaus decreased their target price on shares of Norwegian Cruise Line from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Finally, Barclays lowered their target price on shares of Norwegian Cruise Line from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $25.55.

Norwegian Cruise Line Trading Down 3.0%

Shares of NYSE:NCLH opened at $18.87 on Wednesday. The company’s 50-day moving average price is $22.40 and its two-hundred day moving average price is $22.34. Norwegian Cruise Line has a one year low of $14.21 and a one year high of $27.18. The company has a debt-to-equity ratio of 6.21, a current ratio of 0.21 and a quick ratio of 0.18. The stock has a market capitalization of $8.60 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 0.52 and a beta of 2.00.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Monday, March 2nd. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.Norwegian Cruise Line’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.26 EPS. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. On average, equities analysts forecast that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NCLH. Corient Private Wealth LLC lifted its holdings in shares of Norwegian Cruise Line by 23.9% during the fourth quarter. Corient Private Wealth LLC now owns 107,733 shares of the company’s stock worth $2,405,000 after buying an additional 20,757 shares in the last quarter. Sentinel Dome Partners LLC acquired a new position in shares of Norwegian Cruise Line in the fourth quarter valued at about $1,687,000. SHP Wealth Management bought a new position in Norwegian Cruise Line during the fourth quarter worth about $26,000. Invesco Ltd. increased its position in Norwegian Cruise Line by 16.5% during the fourth quarter. Invesco Ltd. now owns 10,377,997 shares of the company’s stock worth $231,637,000 after acquiring an additional 1,468,075 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in Norwegian Cruise Line by 64.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 61,040 shares of the company’s stock worth $1,362,000 after purchasing an additional 23,936 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

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.