Morgan Stanley Cuts Norwegian Cruise Line (NYSE:NCLH) Price Target to $23.00

Norwegian Cruise Line (NYSE:NCLH) had its price target lowered by Morgan Stanley from $24.00 to $23.00 in a research report report published on Thursday, Marketbeat reports. The firm currently has an equal weight rating on the stock.

Other analysts have also issued reports about the stock. Citigroup increased their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Jefferies Financial Group lowered shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating and decreased their price target for the company from $26.00 to $20.00 in a research report on Monday, December 15th. Barclays decreased their price target on shares of Norwegian Cruise Line from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. decreased their price target on shares of Norwegian Cruise Line from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Finally, Mizuho decreased their price target on shares of Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $25.53.

Norwegian Cruise Line Stock Up 0.0%

Shares of Norwegian Cruise Line stock opened at $19.97 on Thursday. The company has a debt-to-equity ratio of 6.21, a current ratio of 0.21 and a quick ratio of 0.18. Norwegian Cruise Line has a 1 year low of $15.31 and a 1 year high of $27.18. The firm’s 50-day moving average is $21.21 and its two-hundred day moving average is $21.48. The stock has a market cap of $9.10 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 0.56 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Monday, March 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.01. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Norwegian Cruise Line had a net margin of 4.31% and a return on equity of 50.05%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, research analysts expect that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Norwegian Cruise Line

A number of hedge funds and other institutional investors have recently made changes to their positions in NCLH. Integrated Wealth Concepts LLC grew its stake in shares of Norwegian Cruise Line by 26.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after purchasing an additional 4,872 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Norwegian Cruise Line by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock worth $917,000 after purchasing an additional 2,002 shares during the period. Woodline Partners LP grew its stake in shares of Norwegian Cruise Line by 40.7% during the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after purchasing an additional 10,743 shares during the period. Jump Financial LLC grew its stake in shares of Norwegian Cruise Line by 133.0% during the 2nd quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock worth $789,000 after purchasing an additional 22,204 shares during the period. Finally, California Public Employees Retirement System grew its stake in shares of Norwegian Cruise Line by 5.1% during the 2nd quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock worth $15,551,000 after purchasing an additional 37,071 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

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.