Norwegian Cruise Line (NYSE:NCLH) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Norwegian Cruise Line (NYSE:NCLH) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks.com reports.

Several other research analysts also recently commented on NCLH. Stifel Nicolaus reduced their target price on Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Tigress Financial dropped their price target on Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating on the stock in a research note on Friday, April 17th. Wells Fargo & Company increased their price target on Norwegian Cruise Line from $19.00 to $25.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Susquehanna cut their price target on Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Two 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $21.55.

Norwegian Cruise Line Stock Down 2.1%

Norwegian Cruise Line stock opened at $18.85 on Monday. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18. The company’s 50-day moving average is $18.41 and its 200-day moving average is $20.44. The firm has a market capitalization of $8.66 billion, a PE ratio of 15.84, a P/E/G ratio of 1.20 and a beta of 1.87. Norwegian Cruise Line has a fifty-two week low of $14.53 and a fifty-two week high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last issued its earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the business posted $0.07 EPS. Norwegian Cruise Line’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. Sell-side analysts anticipate that Norwegian Cruise Line will post 1.51 earnings per share for the current year.

Insider Transactions at Norwegian Cruise Line

In other news, CEO John Chidsey bought 153,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were bought at an average price of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the purchase, the chief executive officer owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. This trade represents a 15.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen G. Pagliuca purchased 695,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average cost of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the acquisition, the director owned 703,912 shares in the company, valued at $12,783,041.92. The trade was a 7,798.47% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 1,592,467 shares of company stock worth $28,493,204 in the last ninety days. 0.25% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Norwegian Cruise Line

A number of institutional investors have recently modified their holdings of NCLH. Integrated Wealth Concepts LLC raised its stake in Norwegian Cruise Line by 26.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after purchasing an additional 4,872 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 purchasing an additional 2,002 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Norwegian Cruise Line by 40.7% during the first quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after purchasing an additional 10,743 shares during the period. Jump Financial LLC increased its holdings in shares of Norwegian Cruise Line by 133.0% during the second quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock worth $789,000 after purchasing an additional 22,204 shares during the period. Finally, California Public Employees Retirement System raised its position in shares of Norwegian Cruise Line by 5.1% in the second quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock valued at $15,551,000 after buying an additional 37,071 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

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.