Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) have earned an average rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the firm, MarketBeat reports. Ten investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $27.3684.

A number of research firms have weighed in on NCLH. Stifel Nicolaus lifted their price objective on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, September 11th. The Goldman Sachs Group lowered Norwegian Cruise Line from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $23.00 to $21.00 in a report on Tuesday, December 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Norwegian Cruise Line in a report on Wednesday, October 8th. Susquehanna lowered their price objective on Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Finally, Wells Fargo & Company cut their target price on shares of Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating for the company in a report on Monday, December 1st.

Insider Activity at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne bought 29,008 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $18.11 per share, for a total transaction of $525,334.88. Following the transaction, the director directly owned 66,017 shares of the company’s stock, valued at approximately $1,195,567.87. The trade was a 78.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jason Montague purchased 13,400 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average price of $18.81 per share, with a total value of $252,054.00. Following the purchase, the insider owned 13,400 shares in the company, valued at $252,054. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 90,029 shares of company stock valued at $1,663,575 in the last quarter. 0.41% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of hedge funds have recently bought and sold shares of the business. MUFG Securities EMEA plc acquired a new position in shares of Norwegian Cruise Line during the 2nd quarter worth approximately $26,000. Sentry Investment Management LLC purchased a new stake in Norwegian Cruise Line in the 2nd quarter worth $31,000. Westside Investment Management Inc. raised its position in Norwegian Cruise Line by 81.9% during the third quarter. Westside Investment Management Inc. now owns 2,004 shares of the company’s stock worth $49,000 after acquiring an additional 902 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in Norwegian Cruise Line by 1,928.0% during the second quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after purchasing an additional 1,928 shares in the last quarter. Finally, SouthState Bank Corp grew its position in shares of Norwegian Cruise Line by 74.5% in the third quarter. SouthState Bank Corp now owns 2,201 shares of the company’s stock valued at $54,000 after purchasing an additional 940 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Norwegian Cruise Line Stock Up 2.1%

NCLH stock opened at $22.78 on Monday. The company has a market capitalization of $10.37 billion, a P/E ratio of 16.75, a price-to-earnings-growth ratio of 0.56 and a beta of 2.07. Norwegian Cruise Line has a 12 month low of $14.21 and a 12 month high of $29.29. The firm’s fifty day simple moving average is $20.27 and its 200-day simple moving average is $22.50. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. The firm had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. As a group, equities research analysts forecast that Norwegian Cruise Line will post 1.48 earnings per share for the current year.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.