Norwegian Cruise Line (NYSE:NCLH) Trading Up 9.4% – Still a Buy?

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) was up 9.4% on Wednesday . The company traded as high as $16.14 and last traded at $16.1850. Approximately 16,492,052 shares changed hands during trading, a decline of 26% from the average daily volume of 22,319,078 shares. The stock had previously closed at $14.79.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on NCLH shares. Northcoast Research cut Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on Norwegian Cruise Line in a report on Tuesday, May 5th. Citigroup reduced their price target on Norwegian Cruise Line from $25.00 to $21.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Truist Financial reduced their price target on Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating on the stock in a research report on Tuesday, March 24th. Finally, Morgan Stanley reduced their price target on Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Norwegian Cruise Line currently has a consensus rating of “Hold” and an average price target of $21.41.

Check Out Our Latest Report on Norwegian Cruise Line

Norwegian Cruise Line Trading Up 9.6%

The firm has a market capitalization of $7.44 billion, a P/E ratio of 13.58, a price-to-earnings-growth ratio of 0.90 and a beta of 1.92. The firm has a 50-day moving average of $18.77 and a 200-day moving average of $20.45. The company has a debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The business’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the company 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. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.59 EPS for the current fiscal year.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne acquired 4,452 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of $17.83 per share, for a total transaction of $79,379.16. Following the transaction, the director owned 25,742 shares in the company, valued at $458,979.86. This represents a 20.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On Norwegian Cruise Line

Large investors have recently made changes to their positions in the business. SHP Wealth Management bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth approximately $26,000. MUFG Securities EMEA plc bought a new stake in shares of Norwegian Cruise Line during the second quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $31,000. Clearstead Advisors LLC boosted its position in shares of Norwegian Cruise Line by 130.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after purchasing an additional 909 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $42,000. 69.58% of the stock is currently owned by institutional investors.

About Norwegian Cruise Line

(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.

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