Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) issued an update on its third quarter earnings guidance on Tuesday morning. The company provided EPS guidance of approx. $1.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.86. Norwegian Cruise Line Holdings also updated its FY17 guidance to $3.93-$4.03 EPS.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) opened at 56.65 on Tuesday. The stock has a market cap of $12.91 billion, a P/E ratio of 20.76 and a beta of 1.16. The company’s 50-day moving average price is $54.45 and its 200-day moving average price is $51.17. Norwegian Cruise Line Holdings Ltd. has a one year low of $34.16 and a one year high of $57.62.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.05. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. Norwegian Cruise Line Holdings had a net margin of 12.57% and a return on equity of 16.76%. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 earnings per share. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.89 EPS for the current fiscal year.

Several analysts have issued reports on the stock. Wedbush reissued a buy rating on shares of Norwegian Cruise Line Holdings in a research note on Saturday, May 13th. Bank of America Corporation assumed coverage on shares of Norwegian Cruise Line Holdings in a research note on Monday, July 24th. They issued a buy rating and a $65.00 price objective for the company. BidaskClub downgraded shares of Norwegian Cruise Line Holdings from a buy rating to a hold rating in a research note on Sunday, July 16th. Zacks Investment Research downgraded shares of Norwegian Cruise Line Holdings from a buy rating to a hold rating in a research note on Wednesday, May 3rd. Finally, Berenberg Bank reissued a buy rating and issued a $65.00 price objective on shares of Norwegian Cruise Line Holdings in a research note on Wednesday, June 28th. Ten investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $51.67.

In other news, CEO Jason Montague sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $53.26, for a total transaction of $798,900.00. Following the transaction, the chief executive officer now directly owns 72,831 shares of the company’s stock, valued at $3,878,979.06. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.98% of the company’s stock.

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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.

Earnings History and Estimates for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

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