Stifel Nicolaus Cuts Norwegian Cruise Line (NYSE:NCLH) Price Target to $28.00

Norwegian Cruise Line (NYSE:NCLHGet Free Report) had its price objective reduced by Stifel Nicolaus from $30.00 to $28.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 41.29% from the stock’s current price.

A number of other analysts have also weighed in on the stock. The Goldman Sachs Group restated a “neutral” rating and set a $20.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. lowered their price target 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. Barclays dropped their price objective on shares of Norwegian Cruise Line from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 3rd. Zacks Research cut shares of Norwegian Cruise Line from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 11th. Finally, Wells Fargo & Company lowered their target price on shares of Norwegian Cruise Line from $33.00 to $32.00 and set an “overweight” rating for the company in a research note on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Norwegian Cruise Line has a consensus rating of “Moderate Buy” and a consensus price target of $25.45.

View Our Latest Report on Norwegian Cruise Line

Norwegian Cruise Line Trading Down 2.2%

NYSE:NCLH opened at $19.82 on Thursday. Norwegian Cruise Line has a 12-month low of $14.21 and a 12-month high of $27.18. The firm has a market cap of $9.03 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 0.54 and a beta of 2.00. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 6.21. The stock has a fifty day moving average price of $22.18 and a 200 day moving average price of $22.22.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last issued its quarterly earnings results on Monday, March 2nd. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.Norwegian Cruise Line’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.26 EPS. 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. Sell-side analysts anticipate that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Institutional Trading of Norwegian Cruise Line

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Chapin Davis Inc. purchased a new stake in Norwegian Cruise Line in the 3rd quarter valued at approximately $3,604,000. Citigroup Inc. lifted its holdings in shares of Norwegian Cruise Line by 341.3% in the 3rd quarter. Citigroup Inc. now owns 2,119,090 shares of the company’s stock valued at $52,193,000 after buying an additional 1,638,889 shares during the period. New York State Common Retirement Fund lifted its holdings in shares of Norwegian Cruise Line by 23.3% in the 3rd quarter. New York State Common Retirement Fund now owns 593,189 shares of the company’s stock valued at $14,610,000 after buying an additional 111,982 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of Norwegian Cruise Line by 27.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 457,169 shares of the company’s stock valued at $11,059,000 after buying an additional 97,275 shares in the last quarter. Finally, WINTON GROUP Ltd grew its holdings in Norwegian Cruise Line by 1,411.6% during the third quarter. WINTON GROUP Ltd now owns 363,090 shares of the company’s stock worth $8,943,000 after acquiring an additional 339,070 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

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