Norwegian Cruise Line (NYSE:NCLH) Trading Up 9.4% – Still a Buy?

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) was up 9.4% on Wednesday . The stock traded as high as $16.14 and last traded at $16.1850. Approximately 16,492,052 shares changed hands during trading, a decline of 26% from the average daily volume of 22,319,078 shares. The stock had previously closed at $14.79.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on NCLH shares. UBS Group dropped their price target on Norwegian Cruise Line from $22.00 to $17.00 and set a “neutral” rating on the stock in a research report on Tuesday. The Goldman Sachs Group set a $14.00 price target on Norwegian Cruise Line in a research report on Tuesday, May 5th. Stifel Nicolaus dropped their price target on Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Morgan Stanley dropped their price target on Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 5th. Finally, Northcoast Research cut Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Norwegian Cruise Line currently has a consensus rating of “Hold” and an average target price of $21.41.

Get Our Latest Analysis on Norwegian Cruise Line

Norwegian Cruise Line Stock Up 9.6%

The stock has a 50 day simple moving average of $18.77 and a 200-day simple moving average of $20.45. The firm has a market cap of $7.44 billion, a PE ratio of 13.58, a PEG ratio of 0.90 and a beta of 1.92. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.07 earnings per share. 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. Sell-side analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.59 EPS for the current fiscal year.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne purchased 25,015 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was purchased at an average price of $17.67 per share, for a total transaction of $442,015.05. Following the completion of the purchase, the director directly owned 99,811 shares of the company’s stock, valued at $1,763,660.37. This trade represents a 33.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.41% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Norwegian Cruise Line

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. boosted its holdings in shares of Norwegian Cruise Line by 2.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company’s stock valued at $404,000 after acquiring an additional 428 shares during the last quarter. Retirement Systems of Alabama boosted its holdings in shares of Norwegian Cruise Line by 0.5% during the 4th quarter. Retirement Systems of Alabama now owns 96,848 shares of the company’s stock valued at $2,162,000 after acquiring an additional 443 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Norwegian Cruise Line by 1.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company’s stock valued at $1,164,000 after acquiring an additional 500 shares during the last quarter. New Mexico Educational Retirement Board boosted its holdings in shares of Norwegian Cruise Line by 2.5% during the 4th quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company’s stock valued at $462,000 after acquiring an additional 500 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of Norwegian Cruise Line by 1.8% during the 4th quarter. Prospera Financial Services Inc now owns 28,603 shares of the company’s stock valued at $638,000 after acquiring an additional 502 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

(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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