Norwegian Cruise Line (NYSE:NCLH – Free Report) had its price target reduced by Stifel Nicolaus from $27.00 to $26.00 in a research note released on Monday,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.
Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. reduced their price objective on Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Jefferies Financial Group boosted their target price on Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Friday. BMO Capital Markets assumed coverage on Norwegian Cruise Line in a research note on Tuesday, July 7th. They issued a “market perform” rating and a $21.00 target price on the stock. Deutsche Bank Aktiengesellschaft set a $18.00 price target on Norwegian Cruise Line in a report on Tuesday, May 5th. Finally, The Goldman Sachs Group lifted their price target on Norwegian Cruise Line from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.60.
Check Out Our Latest Stock Analysis on Norwegian Cruise Line
Norwegian Cruise Line Price Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the firm earned $0.07 earnings per share. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. Analysts anticipate that Norwegian Cruise Line will post 1.51 earnings per share for the current fiscal year.
Insider Activity at Norwegian Cruise Line
In other news, CEO John Chidsey bought 153,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average cost of $16.37 per share, with a total value of $2,504,610.00. Following the acquisition, the chief executive officer owned 1,139,940 shares of the company’s stock, valued at $18,660,817.80. The trade was a 15.50% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Zillah Byng-Thorne bought 4,452 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were purchased at an average price of $17.83 per share, for a total transaction of $79,379.16. Following the purchase, the director owned 25,742 shares in the company, valued at $458,979.86. This trade represents a 20.91% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 1,592,467 shares of company stock worth $28,493,204. Company insiders own 0.25% of the company’s stock.
Institutional Trading of Norwegian Cruise Line
Several institutional investors and hedge funds have recently modified their holdings of NCLH. SHP Wealth Management bought a new position in Norwegian Cruise Line in the 4th quarter worth $26,000. MUFG Securities EMEA plc bought a new stake in Norwegian Cruise Line during the second quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Norwegian Cruise Line in the fourth quarter valued at about $31,000. Clearstead Advisors LLC boosted its stake in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after acquiring an additional 909 shares during the period. Finally, Aventura Private Wealth LLC bought a new position in shares of Norwegian Cruise Line in the fourth quarter worth about $42,000. 69.58% of the stock is currently 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.
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