Norwegian Cruise Line Holdings Given Consensus Rating of “Buy” by Brokerages (NASDAQ:NCLH)
Norwegian Cruise Line Holdings (NASDAQ:NCLH) has received a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the company, Stock Ratings Network.com reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $38.12.
Shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded down 0.06% on Thursday, hitting $33.77. The stock had a trading volume of 77,587 shares. Norwegian Cruise Line Holdings has a one year low of $28.57 and a one year high of $37.30. The stock has a 50-day moving average of $32.57 and a 200-day moving average of $32.74. The company has a market cap of $6.862 billion and a price-to-earnings ratio of 19.46.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. The company had revenue of $765.90 million for the quarter, compared to the consensus estimate of $797.55 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. On average, analysts predict that Norwegian Cruise Line Holdings will post $2.26 earnings per share for the current fiscal year.
A number of research firms have recently commented on NCLH. Analysts at Stifel Nicolaus raised their price target on shares of Norwegian Cruise Line Holdings from $41.00 to $44.00 in a research note on Thursday, July 31st. Separately, analysts at Nomura reiterated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, July 30th. They now have a $40.00 price target on the stock, down previously from $42.00. Finally, 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.
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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