Norwegian Cruise Line (NYSE:NCLH) CFO Buys $197,066.55 in Stock

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) CFO Mark Kempa purchased 10,635 shares of Norwegian Cruise Line stock in a transaction on Thursday, November 6th. The stock was bought at an average cost of $18.53 per share, with a total value of $197,066.55. Following the completion of the acquisition, the chief financial officer owned 369,352 shares in the company, valued at approximately $6,844,092.56. This trade represents a 2.96% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH traded down $0.38 during trading hours on Thursday, reaching $18.23. The stock had a trading volume of 23,760,112 shares, compared to its average volume of 14,682,292. Norwegian Cruise Line Holdings Ltd. has a twelve month low of $14.21 and a twelve month high of $29.29. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The business’s fifty day moving average is $24.12 and its two-hundred day moving average is $21.86. The company has a market cap of $8.24 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 0.71 and a beta of 2.21.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. As a group, research analysts expect that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NCLH. Stifel Nicolaus boosted their price objective on Norwegian Cruise Line from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. UBS Group upped their price objective on Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th. Wall Street Zen upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. cut their price target on shares of Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Norwegian Cruise Line has an average rating of “Moderate Buy” and an average price target of $28.74.

Institutional Trading of Norwegian Cruise Line

Several hedge funds and other institutional investors have recently modified their holdings of NCLH. MUFG Securities EMEA plc acquired a new position in shares of Norwegian Cruise Line during the second quarter worth about $26,000. Sentry Investment Management LLC acquired a new position in Norwegian Cruise Line during the 2nd quarter worth approximately $31,000. New Age Alpha Advisors LLC bought a new position in shares of Norwegian Cruise Line during the 1st quarter worth approximately $33,000. Laurel Wealth Advisors LLC grew its stake in shares of Norwegian Cruise Line by 1,928.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $41,000 after acquiring an additional 1,928 shares in the last quarter. Finally, Bogart Wealth LLC raised its holdings in shares of Norwegian Cruise Line by 1,012.0% in the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock valued at $42,000 after purchasing an additional 2,024 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

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.