Norwegian Cruise Line (NYSE:NCLH) Rating Lowered to “Hold” at Truist Financial

Norwegian Cruise Line (NYSE:NCLH) was downgraded by investment analysts at Truist Financial from a “buy” rating to a “hold” rating in a note issued to investors on Thursday, MarketBeat.com reports. They currently have a $20.00 price target on the stock. Truist Financial’s target price would suggest a potential upside of 3.49% from the company’s current price.

Several other brokerages have also recently commented on NCLH. Citigroup boosted their price objective on shares of Norwegian Cruise Line from $21.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. BMO Capital Markets initiated coverage on shares of Norwegian Cruise Line in a report on Tuesday, July 7th. They issued a “market perform” rating and a $21.00 price target for the company. Jefferies Financial Group upped their price target on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 17th. TD Cowen increased their price objective on Norwegian Cruise Line from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Stifel Nicolaus reduced their target price on Norwegian Cruise Line from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Hold” and a consensus price target of $21.60.

Norwegian Cruise Line Stock Down 0.6%

NCLH opened at $19.32 on Thursday. Norwegian Cruise Line has a 12 month low of $14.53 and a 12 month high of $27.18. The company has a market cap of $8.87 billion, a PE ratio of 16.24, a price-to-earnings-growth ratio of 1.16 and a beta of 1.87. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 5.75. The company has a 50 day moving average of $18.90 and a 200 day moving average of $20.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. The company 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 period 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. On average, sell-side analysts expect that Norwegian Cruise Line will post 1.51 EPS for the current year.

Insider Transactions at Norwegian Cruise Line

In related news, Director Zillah Byng-Thorne bought 25,015 shares of the stock in a transaction dated Thursday, May 7th. The stock was bought at an average price of $17.67 per share, with a total value of $442,015.05. Following the purchase, the director owned 99,811 shares in the company, valued at approximately $1,763,660.37. The trade was a 33.44% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John Chidsey acquired 153,000 shares of the stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $16.37 per share, with a total value of $2,504,610.00. Following the transaction, the chief executive officer directly owned 1,139,940 shares of the company’s stock, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 1,592,467 shares of company stock valued at $28,493,204 over the last 90 days. Company insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On Norwegian Cruise Line

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

Norwegian Cruise Line Company Profile

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.