Norwegian Cruise Line (NYSE:NCLH – Get Free Report) had its price objective decreased by equities researchers at Stifel Nicolaus from $27.00 to $26.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price suggests a potential upside of 33.55% from the company’s previous close.
Other research analysts have also recently issued research reports about the stock. Northcoast Research cut shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group increased their price target on Norwegian Cruise Line from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Morgan Stanley raised their price target on Norwegian Cruise Line from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Jefferies Financial Group boosted their price objective on Norwegian Cruise Line from $16.00 to $18.00 and gave the company a “hold” rating in a research report on Friday. Finally, Susquehanna dropped their price objective on Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus target price of $21.60.
Check Out Our Latest Stock Analysis on NCLH
Norwegian Cruise Line Trading Down 0.1%
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.36 billion. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The firm’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.07 EPS. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. As a group, equities research analysts expect that Norwegian Cruise Line will post 1.51 EPS for the current year.
Insider Activity at Norwegian Cruise Line
In related news, CEO John Chidsey bought 153,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the transaction, the chief executive officer owned 1,139,940 shares in the company, valued at $18,660,817.80. The trade was a 15.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Zillah Byng-Thorne purchased 25,015 shares of Norwegian Cruise Line stock in a transaction on Thursday, May 7th. The stock was bought at an average price of $17.67 per share, for a total transaction of $442,015.05. Following the completion of the acquisition, the director owned 99,811 shares in the company, valued at $1,763,660.37. The trade was a 33.44% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 1,592,467 shares of company stock worth $28,493,204 in the last three months. Insiders own 0.25% of the company’s stock.
Institutional Investors Weigh In On Norwegian Cruise Line
Several large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its holdings in Norwegian Cruise Line by 26.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock valued at $439,000 after buying an additional 4,872 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Norwegian Cruise Line by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock worth $917,000 after acquiring an additional 2,002 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Norwegian Cruise Line by 40.7% during the 1st quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after acquiring an additional 10,743 shares in the last quarter. Jump Financial LLC raised its holdings in shares of Norwegian Cruise Line by 133.0% during the 2nd quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock worth $789,000 after acquiring an additional 22,204 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Norwegian Cruise Line by 5.1% during the 2nd quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock valued at $15,551,000 after acquiring an additional 37,071 shares during the last quarter. 69.58% of the stock is owned by institutional investors.
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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