Norwegian Cruise Line (NYSE:NCLH) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $15.39 and traded as high as $15.97. Norwegian Cruise Line shares last traded at $15.7720, with a volume of 21,714,017 shares.

Analyst Upgrades and Downgrades

NCLH has been the topic of several recent analyst reports. Citigroup cut their price objective on Norwegian Cruise Line from $22.00 to $19.00 and set a “buy” rating on the stock in a report on Friday, October 2nd. Stifel Nicolaus decreased their target price on shares of Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating for the company in a report on Friday, July 31st. Jefferies Financial Group raised their target price on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 17th. Mizuho reissued a “neutral” rating and issued a $17.00 target price (down from $22.00) on shares of Norwegian Cruise Line in a research report on Tuesday, August 18th. Finally, Barclays cut their price target on shares of Norwegian Cruise Line from $19.00 to $18.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, fifteen have assigned 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 $19.90.

Norwegian Cruise Line Stock Up 3.4%

The firm has a market cap of $7.24 billion, a price-to-earnings ratio of 9.86 and a beta of 1.95. The company has a 50-day moving average price of $15.39 and a 200 day moving average price of $18.86.

Norwegian Cruise Line (NYSE:NCLH) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. The business had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.65 billion. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. Equities analysts forecast that Norwegian Cruise Line Holdings Ltd. will post 1.34 EPS for the current year.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of large investors have recently made changes to their positions in the business. Elliott Investment Management L.P. purchased a new stake in shares of Norwegian Cruise Line in the first quarter worth approximately $246,578,000. Dimensional Fund Advisors LP boosted its holdings in shares of Norwegian Cruise Line by 7.7% during the first quarter. Dimensional Fund Advisors LP now owns 7,262,590 shares of the company’s stock worth $135,776,000 after purchasing an additional 518,790 shares during the period. Hound Partners LLC grew its position in Norwegian Cruise Line by 50.0% during the first quarter. Hound Partners LLC now owns 5,713,090 shares of the company’s stock valued at $106,835,000 after purchasing an additional 1,905,203 shares in the last quarter. California Public Employees Retirement System grew its position in Norwegian Cruise Line by 358.8% during the first quarter. California Public Employees Retirement System now owns 3,675,830 shares of the company’s stock valued at $68,738,000 after purchasing an additional 2,874,730 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Norwegian Cruise Line by 61.0% during the first quarter. Bank of America Corp DE now owns 2,566,087 shares of the company’s stock valued at $47,986,000 after purchasing an additional 971,809 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its operating brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company provides cruise vacations to destinations worldwide, including Europe, the Caribbean, Alaska, Asia, South America, Australia and New Zealand.

Norwegian Cruise Line offers contemporary cruises with flexible dining, entertainment and onboard activities. Oceania Cruises focuses on destination-oriented, upscale travel and culinary experiences, while Regent Seven Seas Cruises provides an all-inclusive luxury cruise experience.