Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) have earned an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the company, MarketBeat reports. Eight investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $51.00.

NCLH has been the subject of a number of research reports. Wedbush lifted their target price on shares of Norwegian Cruise Line Holdings from $48.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, May 11th. Zacks Investment Research raised shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research note on Wednesday, April 26th. ValuEngine raised shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. Finally, Berenberg Bank reissued a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th.

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Norwegian Cruise Line Holdings (NASDAQ NCLH) traded down 0.15% during mid-day trading on Tuesday, hitting $53.95. The stock had a trading volume of 790,787 shares. Norwegian Cruise Line Holdings has a one year low of $34.16 and a one year high of $56.29. The firm’s 50-day moving average is $51.74 and its 200 day moving average is $49.42. The stock has a market cap of $12.30 billion, a PE ratio of 19.77 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Wednesday, May 10th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Norwegian Cruise Line Holdings had a net margin of 12.57% and a return on equity of 16.76%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $0.38 EPS. Equities research analysts expect that Norwegian Cruise Line Holdings will post $3.88 EPS for the current year.

In related news, CEO Jason Montague sold 15,000 shares of Norwegian Cruise Line Holdings stock in a transaction on Monday, June 19th. The shares were sold at an average price of $53.26, for a total value of $798,900.00. Following the transaction, the chief executive officer now owns 72,831 shares in the company, valued at approximately $3,878,979.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.98% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in NCLH. Nationwide Fund Advisors purchased a new position in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $5,717,000. Candriam Luxembourg S.C.A. increased its position in shares of Norwegian Cruise Line Holdings by 37.0% in the first quarter. Candriam Luxembourg S.C.A. now owns 10,725 shares of the company’s stock valued at $544,000 after buying an additional 2,895 shares during the period. Columbus Circle Investors increased its position in shares of Norwegian Cruise Line Holdings by 208.9% in the first quarter. Columbus Circle Investors now owns 648,648 shares of the company’s stock valued at $32,906,000 after buying an additional 438,658 shares during the period. Boston Advisors LLC purchased a new position in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $217,000. Finally, DnB Asset Management AS purchased a new position in shares of Norwegian Cruise Line Holdings during the first quarter valued at approximately $658,000. Hedge funds and other institutional investors own 85.94% of the company’s stock.

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.

Analyst Recommendations for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

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