Norwegian Cruise Line Holdings (NCLH) Announces Quarterly Results
Norwegian Cruise Line Holdings (NASDAQ:NCLH) issued its quarterly earnings data on Monday. The company reported $0.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.57 by $0.01, StockRatingsNetwork reports. The company had revenue of $765.90 million for the quarter, compared to the consensus estimate of $797.55 million.
Shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded up 1.11% during mid-day trading on Monday, hitting $32.76. 1,362,359 shares of the company’s stock traded hands. Norwegian Cruise Line Holdings has a 1-year low of $28.28 and a 1-year high of $37.30. The stock’s 50-day moving average is $32.39 and its 200-day moving average is $33.08. The company has a market cap of $6.724 billion and a price-to-earnings ratio of 27.48.
A number of research firms have recently commented on NCLH. Analysts at SunTrust downgraded shares of Norwegian Cruise Line Holdings from a “buy” rating to a “neutral” rating in a research note on Monday, June 16th. They now have a $37.00 price target on the stock, down previously from $41.00. On a related note, analysts at Longbow Research downgraded shares of Norwegian Cruise Line Holdings from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $38.00 price target on the stock. Finally, analysts at Goldman Sachs upgraded shares of Norwegian Cruise Line Holdings from a “neutral” rating to a “buy” rating in a research note on Thursday, May 15th. They now have a $37.00 price target on the stock. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $37.01.
Norwegian Cruise Line Holdings Ltd. is a global cruise line operator, offering cruise experiences for travelers with a variety of itineraries in North America (NASDAQ:NCLH), the Mediterranean, the Baltic, Central America, Bermuda and the Caribbean.
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