Norwegian Cruise Line (NYSE:NCLH – Get Free Report) had its target price decreased by research analysts at Stifel Nicolaus from $30.00 to $28.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 47.72% from the company’s current price.
Several other brokerages have also commented on NCLH. Susquehanna dropped their price target on shares of Norwegian Cruise Line from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Jefferies Financial Group downgraded shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $26.00 to $20.00 in a research report on Monday, December 15th. JPMorgan Chase & Co. lowered their target price on shares of Norwegian Cruise Line from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $20.00 target price on shares of Norwegian Cruise Line in a research report on Tuesday, March 3rd. Finally, Morgan Stanley cut their price target on shares of Norwegian Cruise Line from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $25.45.
Check Out Our Latest Stock Report on Norwegian Cruise Line
Norwegian Cruise Line Stock Down 3.5%
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last released its quarterly earnings data on Monday, March 2nd. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the business posted $0.26 EPS. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. On average, analysts forecast that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.
Institutional Trading of Norwegian Cruise Line
Hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. increased its holdings in shares of Norwegian Cruise Line by 2.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company’s stock valued at $404,000 after purchasing an additional 428 shares during the period. Retirement Systems of Alabama lifted its holdings in shares of Norwegian Cruise Line by 0.5% during the fourth quarter. Retirement Systems of Alabama now owns 96,848 shares of the company’s stock worth $2,162,000 after purchasing an additional 443 shares during the period. EverSource Wealth Advisors LLC grew its position in Norwegian Cruise Line by 2.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 21,908 shares of the company’s stock valued at $444,000 after buying an additional 493 shares during the last quarter. Sound Income Strategies LLC grew its position in Norwegian Cruise Line by 16.6% in the 3rd quarter. Sound Income Strategies LLC now owns 3,507 shares of the company’s stock valued at $82,000 after buying an additional 500 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Norwegian Cruise Line by 1.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company’s stock valued at $1,164,000 after buying an additional 500 shares during the period. 69.58% of the stock is owned by institutional investors and hedge funds.
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.
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