Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-three analysts that are covering the stock, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $27.0526.

NCLH has been the topic of a number of research analyst reports. UBS Group reaffirmed a “neutral” rating on shares of Norwegian Cruise Line in a research report on Wednesday, January 21st. JPMorgan Chase & Co. lowered their target price on Norwegian Cruise Line from $40.00 to $28.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Morgan Stanley cut their price target on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, November 10th. Barclays lowered their price objective on shares of Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating for the company in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company raised their price objective on shares of Norwegian Cruise Line from $29.00 to $33.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th.

Check Out Our Latest Analysis on Norwegian Cruise Line

Insider Transactions at Norwegian Cruise Line

In other news, Director Stella David purchased 6,986 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were bought at an average cost of $18.59 per share, for a total transaction of $129,869.74. Following the completion of the acquisition, the director directly owned 103,474 shares in the company, valued at approximately $1,923,581.66. This trade represents a 7.24% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harry C. Curtis acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average price of $19.25 per share, with a total value of $96,250.00. Following the completion of the acquisition, the director owned 50,325 shares of the company’s stock, valued at $968,756.25. This represents a 11.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 90,029 shares of company stock worth $1,663,575. 0.41% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Norwegian Cruise Line

Hedge funds have recently made changes to their positions in the business. MUFG Securities EMEA plc bought a new position in shares of Norwegian Cruise Line in the 2nd quarter valued at about $26,000. Sentry Investment Management LLC acquired a new stake in Norwegian Cruise Line in the 2nd quarter valued at about $31,000. Laurel Wealth Advisors LLC lifted its stake in Norwegian Cruise Line by 1,928.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after purchasing an additional 1,928 shares during the last quarter. Aventura Private Wealth LLC bought a new position in Norwegian Cruise Line during the fourth quarter worth about $42,000. Finally, Thompson Investment Management Inc. acquired a new position in Norwegian Cruise Line during the fourth quarter worth approximately $44,000. 69.58% of the stock is owned by institutional investors.

Norwegian Cruise Line Stock Up 10.3%

Norwegian Cruise Line stock opened at $22.94 on Friday. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17. The firm has a market capitalization of $10.44 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 0.52 and a beta of 2.07. The company’s 50 day simple moving average is $21.32 and its 200 day simple moving average is $22.70.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The company had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. As a group, sell-side analysts anticipate that Norwegian Cruise Line will post 1.48 EPS for the current year.

About Norwegian Cruise Line

(Get Free Report)

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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Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

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