Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty-three research firms that are presently covering the firm, Marketbeat reports. Ten investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $27.0526.
Several research analysts have weighed in on the stock. Barclays lowered their price target on shares of Norwegian Cruise Line from $28.00 to $23.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. Morgan Stanley lowered their target price on Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, November 10th. JPMorgan Chase & Co. dropped their price target on Norwegian Cruise Line from $40.00 to $28.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Zacks Research lowered Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, TD Cowen reissued a “buy” rating on shares of Norwegian Cruise Line in a report on Tuesday, January 13th.
Check Out Our Latest Report on NCLH
Norwegian Cruise Line Trading Up 10.3%
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. 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. Research analysts forecast that Norwegian Cruise Line will post 1.48 EPS for the current year.
Insider Buying and Selling at Norwegian Cruise Line
In other Norwegian Cruise Line news, Director Zillah Byng-Thorne acquired 29,008 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average price of $18.11 per share, for a total transaction of $525,334.88. Following the purchase, the director directly owned 66,017 shares of the company’s stock, valued at $1,195,567.87. This trade represents a 78.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jason Montague bought 13,400 shares of the firm’s stock in a transaction on Thursday, November 6th. The shares were acquired at an average price of $18.81 per share, for a total transaction of $252,054.00. Following the transaction, the insider owned 13,400 shares in the company, valued at approximately $252,054. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 90,029 shares of company stock valued at $1,663,575 in the last quarter. Company insiders own 0.41% of the company’s stock.
Hedge Funds Weigh In On Norwegian Cruise Line
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its holdings in shares of Norwegian Cruise Line by 26.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after purchasing an additional 4,872 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Norwegian Cruise Line by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock worth $917,000 after purchasing an additional 2,002 shares during the period. Woodline Partners LP grew its stake in Norwegian Cruise Line by 40.7% during the first quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after buying an additional 10,743 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Norwegian Cruise Line by 17.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 34,444 shares of the company’s stock valued at $757,000 after buying an additional 5,234 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Norwegian Cruise Line by 52.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,668 shares of the company’s stock valued at $95,000 after buying an additional 1,603 shares in the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.
Norwegian Cruise Line Company Profile
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.
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