Norwegian Cruise Line (NYSE:NCLH) Stock Price Down 5% After Analyst Downgrade

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)’s stock price dropped 5% during mid-day trading on Monday after Stifel Nicolaus lowered their price target on the stock from $28.00 to $27.00. Stifel Nicolaus currently has a buy rating on the stock. Norwegian Cruise Line traded as low as $19.61 and last traded at $19.9460. Approximately 5,606,885 shares changed hands during trading, a decline of 74% from the average daily volume of 21,690,969 shares. The stock had previously closed at $20.99.

NCLH has been the subject of a number of other research reports. Mizuho lowered their price objective on Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Truist Financial decreased their price target on Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating for the company in a research note on Tuesday, March 24th. Zacks Research upgraded Norwegian Cruise Line from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 9th. Wolfe Research restated an “outperform” rating and issued a $25.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, March 3rd. Finally, Tigress Financial decreased their price target on Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating for the company in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.58.

Institutional Trading of Norwegian Cruise Line

A number of hedge funds and other institutional investors have recently bought and sold shares of NCLH. AQR Capital Management LLC increased its position in Norwegian Cruise Line by 1,505.9% in the fourth quarter. AQR Capital Management LLC now owns 6,793,256 shares of the company’s stock worth $151,625,000 after buying an additional 6,370,241 shares in the last quarter. Capital International Investors increased its position in Norwegian Cruise Line by 7.1% in the fourth quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock worth $1,253,886,000 after buying an additional 3,728,929 shares in the last quarter. Freestone Grove Partners LP increased its position in Norwegian Cruise Line by 338.8% in the third quarter. Freestone Grove Partners LP now owns 3,690,333 shares of the company’s stock worth $90,893,000 after buying an additional 2,849,349 shares in the last quarter. Morgan Stanley increased its position in Norwegian Cruise Line by 43.6% in the fourth quarter. Morgan Stanley now owns 8,520,548 shares of the company’s stock worth $190,179,000 after buying an additional 2,586,395 shares in the last quarter. Finally, Balyasny Asset Management L.P. increased its position in Norwegian Cruise Line by 626.3% in the third quarter. Balyasny Asset Management L.P. now owns 2,771,061 shares of the company’s stock worth $68,251,000 after buying an additional 2,389,540 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Performance

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 business has a 50-day simple moving average of $20.96 and a 200 day simple moving average of $21.28. The firm has a market cap of $9.23 billion, a PE ratio of 23.29, a PEG ratio of 0.59 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last released 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. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the business posted $0.26 earnings per share. The firm’s revenue was up 6.4% on a year-over-year basis. 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. Equities research analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 2.13 EPS for the current year.

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.