Truist Financial Downgrades Norwegian Cruise Line (NYSE:NCLH) to Hold

Norwegian Cruise Line (NYSE:NCLH) was downgraded by equities researchers at Truist Financial from a “buy” rating to a “hold” rating in a report released on Thursday, Marketbeat Ratings reports. They currently have a $20.00 price target on the stock. Truist Financial’s target price would indicate a potential upside of 3.17% from the company’s previous close.

Several other equities analysts also recently commented on NCLH. Jefferies Financial Group upped their price target on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Mizuho dropped their price objective on shares of Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of Norwegian Cruise Line in a report on Tuesday, May 5th. Weiss Ratings upgraded shares of Norwegian Cruise Line from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Finally, Tigress Financial lowered their target price on shares of Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating on the stock in a report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $21.60.

Norwegian Cruise Line Stock Up 3.6%

Norwegian Cruise Line stock opened at $19.39 on Thursday. The stock has a market cap of $8.90 billion, a P/E ratio of 16.29, a P/E/G ratio of 1.11 and a beta of 1.87. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75. Norwegian Cruise Line has a twelve month low of $14.53 and a twelve month high of $27.18. The company’s 50-day moving average price is $19.04 and its two-hundred day moving average price is $20.14.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same quarter in the previous year, the company posted $0.07 earnings per share. The business’s revenue was up 9.6% on a year-over-year basis. 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, 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 purchased 153,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was bought at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the acquisition, the chief executive officer owned 1,139,940 shares of the company’s stock, valued at approximately $18,660,817.80. This represents a 15.50% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Zillah Byng-Thorne bought 4,452 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of $17.83 per share, with a total value of $79,379.16. Following the completion of the transaction, the director directly owned 25,742 shares of the company’s stock, valued at approximately $458,979.86. The trade was a 20.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders purchased 1,592,467 shares of company stock valued at $28,493,204. Company insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On Norwegian Cruise Line

Several large investors have recently modified their holdings of the business. Capital International Investors grew its stake in shares of Norwegian Cruise Line by 7.1% in the fourth quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock worth $1,253,886,000 after purchasing an additional 3,728,929 shares during the last quarter. Vanguard Group Inc. raised its position in Norwegian Cruise Line by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 52,846,173 shares of the company’s stock worth $1,179,527,000 after purchasing an additional 157,974 shares during the last quarter. State Street Corp lifted its holdings in Norwegian Cruise Line by 0.4% during the 4th quarter. State Street Corp now owns 16,304,827 shares of the company’s stock worth $363,924,000 after buying an additional 66,329 shares during the period. Elliott Investment Management L.P. acquired a new position in Norwegian Cruise Line during the 1st quarter worth about $246,578,000. Finally, Geode Capital Management LLC grew its position in shares of Norwegian Cruise Line by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock valued at $271,951,000 after buying an additional 262,086 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

Trending Headlines about Norwegian Cruise Line

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: Some market commentary suggests NCLH could beat upcoming Q2 earnings expectations, which may support investor optimism ahead of the report. Article Title

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.