Norwegian Cruise Line (NYSE:NCLH) Director Harry Curtis Purchases 5,000 Shares

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Director Harry Curtis bought 5,000 shares of the stock in a transaction on Friday, November 7th. The shares were acquired at an average cost of $19.25 per share, for a total transaction of $96,250.00. Following the purchase, the director owned 50,325 shares in the company, valued at $968,756.25. The trade was a 11.03% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Norwegian Cruise Line Price Performance

NYSE NCLH traded up $0.53 during trading hours on Wednesday, hitting $19.35. 1,808,356 shares of the company’s stock traded hands, compared to its average volume of 14,719,166. The firm’s 50-day moving average is $23.62 and its 200-day moving average is $21.95. 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 company has a market capitalization of $8.81 billion, a PE ratio of 13.36, a PEG ratio of 0.71 and a beta of 2.22. Norwegian Cruise Line Holdings Ltd. has a 52-week low of $14.21 and a 52-week high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate 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 net margin of 7.52% and a return on equity of 59.88%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NCLH shares. Barclays decreased their price objective on Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Bank of America lifted their price objective on shares of Norwegian Cruise Line from $20.00 to $27.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Mizuho increased their target price on Norwegian Cruise Line from $26.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Truist Financial lifted their price target on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, September 19th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Norwegian Cruise Line in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $28.26.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of institutional investors and hedge funds have recently made changes to their positions in NCLH. Charles Schwab Investment Management Inc. lifted its stake in Norwegian Cruise Line by 0.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,581,365 shares of the company’s stock valued at $67,903,000 after buying an additional 33,549 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Norwegian Cruise Line by 1.2% in the first quarter. Vanguard Group Inc. now owns 53,960,561 shares of the company’s stock valued at $1,023,092,000 after acquiring an additional 653,279 shares in the last quarter. MQS Management LLC purchased a new stake in Norwegian Cruise Line during the 1st quarter worth about $249,000. LBP AM SA raised its stake in Norwegian Cruise Line by 138.1% in the 2nd quarter. LBP AM SA now owns 452,917 shares of the company’s stock valued at $9,185,000 after purchasing an additional 262,714 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Norwegian Cruise Line by 35.3% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 55,477 shares of the company’s stock valued at $1,045,000 after purchasing an additional 14,486 shares in the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

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.