Analysts Set Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) PT at $21.60

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) have earned a consensus rating of “Hold” from the twenty-three ratings firms that are currently covering the stock, Marketbeat.com reports. Fourteen analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $21.60.

A number of research analysts have commented on the company. Citigroup boosted their target price on Norwegian Cruise Line from $21.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Susquehanna lowered their price target 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. Sanford C. Bernstein assumed coverage on Norwegian Cruise Line in a report on Wednesday, June 3rd. They issued a “market perform” rating and a $18.00 price objective on the stock. Freedom Capital raised shares of Norwegian Cruise Line to a “strong-buy” rating in a research report on Wednesday, June 3rd. Finally, Morgan Stanley lifted their target price on shares of Norwegian Cruise Line from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th.

Get Our Latest Stock Analysis on NCLH

Norwegian Cruise Line Stock Performance

NCLH stock opened at $19.39 on Friday. The firm has a 50 day simple moving average of $19.04 and a 200 day simple moving average of $20.13. Norwegian Cruise Line has a 52 week low of $14.53 and a 52 week high of $27.18. The stock has a market cap of $8.90 billion, a P/E ratio of 16.29, a P/E/G ratio of 1.15 and a beta of 1.87. 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 earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the business posted $0.07 EPS. The company’s revenue for the quarter 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. Research analysts anticipate that Norwegian Cruise Line will post 1.51 earnings per share for the current fiscal year.

Insider Buying and Selling at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Jonathan Z. Cohen purchased 30,000 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of $15.83 per share, for a total transaction of $474,900.00. Following the acquisition, the director owned 38,912 shares of the company’s stock, valued at $615,976.96. This trade represents a 336.62% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Zillah Byng-Thorne bought 25,015 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were bought at an average cost of $17.67 per share, with a total value of $442,015.05. Following the transaction, the director directly owned 99,811 shares of the company’s stock, valued at approximately $1,763,660.37. This trade represents a 33.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have purchased 1,592,467 shares of company stock worth $28,493,204. Company insiders own 0.25% of the company’s stock.

Institutional Trading of Norwegian Cruise Line

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. TimesSquare Capital Management LLC increased its stake in Norwegian Cruise Line by 5.0% in the fourth quarter. TimesSquare Capital Management LLC now owns 2,068,797 shares of the company’s stock valued at $46,176,000 after acquiring an additional 97,825 shares during the period. MKP Capital Management L.L.C. acquired a new stake in shares of Norwegian Cruise Line during the 4th quarter worth about $44,640,000. Norges Bank acquired a new stake in shares of Norwegian Cruise Line during the 4th quarter worth about $46,663,000. Vaughan Nelson Investment Management L.P. bought a new position in Norwegian Cruise Line during the 1st quarter valued at about $42,761,000. Finally, CWM LLC lifted its holdings in Norwegian Cruise Line by 291.1% during the 4th quarter. CWM LLC now owns 102,452 shares of the company’s stock valued at $2,287,000 after purchasing an additional 76,258 shares during the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line News Summary

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

(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)

Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.