Norwegian Cruise Line (NYSE:NCLH) Given New $40.00 Price Target at JPMorgan Chase & Co.

Norwegian Cruise Line (NYSE:NCLH) had its price target decreased by JPMorgan Chase & Co. from $43.00 to $40.00 in a research note published on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research analysts have also weighed in on NCLH. The Goldman Sachs Group decreased their price objective on Norwegian Cruise Line from $31.00 to $27.00 and set a “buy” rating on the stock in a report on Wednesday. Tigress Financial raised their price objective on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a report on Wednesday, August 27th. Citigroup raised their price objective on Norwegian Cruise Line from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Morgan Stanley raised their target price on Norwegian Cruise Line from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Monday, August 4th. Finally, Mizuho lifted their price target on Norwegian Cruise Line from $26.00 to $29.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average price target of $28.74.

Norwegian Cruise Line Trading Down 0.9%

Shares of NCLH stock opened at $18.62 on Wednesday. The stock’s fifty day moving average is $24.12 and its two-hundred day moving average is $21.86. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.16 and a current ratio of 0.18. The firm has a market capitalization of $8.42 billion, a P/E ratio of 12.84, a PEG ratio of 0.71 and a beta of 2.21. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Research analysts expect that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Institutional Trading of Norwegian Cruise Line

Several institutional investors and hedge funds have recently bought and sold shares of NCLH. MUFG Securities EMEA plc purchased a new stake in Norwegian Cruise Line in the 2nd quarter valued at about $26,000. Sentry Investment Management LLC purchased a new stake in Norwegian Cruise Line in the 2nd quarter valued at about $31,000. New Age Alpha Advisors LLC purchased a new stake in Norwegian Cruise Line in the 1st quarter valued at about $33,000. Laurel Wealth Advisors LLC raised its holdings 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 buying an additional 1,928 shares during the period. Finally, Bogart Wealth LLC raised its holdings in Norwegian Cruise Line by 1,012.0% in the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock valued at $42,000 after buying an additional 2,024 shares during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.