Shares of Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) have earned a consensus recommendation of “Buy” from the sixteen ratings firms that are presently covering the stock. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $49.64.

A number of equities research analysts recently issued reports on NCLH shares. Zacks Investment Research downgraded Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research report on Friday, February 17th. Morgan Stanley reissued an “equal weight” rating and set a $49.00 price target (up previously from $46.00) on shares of Norwegian Cruise Line Holdings in a research report on Thursday, February 23rd. Citigroup Inc increased their price target on Norwegian Cruise Line Holdings from $48.00 to $59.00 and gave the stock a “buy” rating in a research report on Monday, March 6th. Wedbush restated a “neutral” rating and set a $52.00 target price (up from $42.00) on shares of Norwegian Cruise Line Holdings in a research note on Thursday, February 23rd. Finally, SunTrust Banks, Inc. upped their target price on Norwegian Cruise Line Holdings from $43.00 to $54.00 and gave the stock a “hold” rating in a research note on Friday, February 24th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Hsbc Holdings PLC raised its position in shares of Norwegian Cruise Line Holdings by 0.5% in the third quarter. Hsbc Holdings PLC now owns 32,931 shares of the company’s stock valued at $1,241,000 after buying an additional 169 shares in the last quarter. SG Capital Management LLC acquired a new stake in shares of Norwegian Cruise Line Holdings during the third quarter worth $4,463,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Norwegian Cruise Line Holdings by 89.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,639 shares of the company’s stock worth $1,004,000 after buying an additional 12,600 shares during the last quarter. Fosun International Ltd increased its stake in shares of Norwegian Cruise Line Holdings by 627.6% in the third quarter. Fosun International Ltd now owns 145,514 shares of the company’s stock worth $5,485,000 after buying an additional 125,514 shares during the last quarter. Finally, AMP Capital Investors Ltd increased its stake in shares of Norwegian Cruise Line Holdings by 0.7% in the third quarter. AMP Capital Investors Ltd now owns 42,770 shares of the company’s stock worth $1,589,000 after buying an additional 300 shares during the last quarter. 87.57% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded up 1.58% during trading on Monday, hitting $50.12. The company had a trading volume of 575,628 shares. The company has a market capitalization of $11.42 billion, a price-to-earnings ratio of 18.37 and a beta of 1.16. Norwegian Cruise Line Holdings has a one year low of $34.16 and a one year high of $56.29. The stock has a 50-day moving average of $51.19 and a 200 day moving average of $46.91.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its quarterly earnings results on Wednesday, May 10th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.03. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. Norwegian Cruise Line Holdings had a return on equity of 17.60% and a net margin of 12.52%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 earnings per share. Equities analysts forecast that Norwegian Cruise Line Holdings will post $3.87 EPS for the current fiscal year.

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Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

12 Month Chart for NASDAQ:NCLH

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