Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)’s share price traded down 2.3% during mid-day trading on Thursday . The stock traded as low as $42.95 and last traded at $42.98, with a volume of 2,160,416 shares changing hands. The stock had previously closed at $43.98.

Several equities analysts have issued reports on the stock. Tigress Financial raised shares of Norwegian Cruise Line Holdings to a “buy” rating in a report on Tuesday, May 31st. Zacks Investment Research raised shares of Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a report on Thursday, May 5th. Wells Fargo & Co. reaffirmed a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Thursday, May 12th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Tuesday, May 24th. Finally, Nomura Holdings Inc. reaffirmed a “buy” rating and set a $65.00 price objective on shares of Norwegian Cruise Line Holdings in a report on Sunday, May 15th. Two investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $63.21.

The stock has a market capitalization of $9.35 billion and a PE ratio of 18.19. The stock has a 50 day moving average of $43.23 and a 200-day moving average of $47.72.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its quarterly earnings data on Tuesday, May 10th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the firm posted $0.27 earnings per share. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. On average, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.77 EPS for the current year.

Other hedge funds recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Norwegian Cruise Line Holdings by 8.7% in the fourth quarter. Vanguard Group Inc. now owns 10,959,113 shares of the company’s stock valued at $642,204,000 after buying an additional 875,828 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in shares of Norwegian Cruise Line Holdings by 6.5% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 20,070 shares of the company’s stock valued at $1,176,000 after buying an additional 1,220 shares in the last quarter. Cowen Group Inc. bought a new stake in shares of Norwegian Cruise Line Holdings during the fourth quarter valued at approximately $1,714,000. California Public Employees Retirement System raised its stake in shares of Norwegian Cruise Line Holdings by 0.6% in the fourth quarter. California Public Employees Retirement System now owns 378,300 shares of the company’s stock valued at $22,168,000 after buying an additional 2,400 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Norwegian Cruise Line Holdings by 3.5% in the fourth quarter. Rhumbline Advisers now owns 112,783 shares of the company’s stock valued at $6,609,000 after buying an additional 3,820 shares in the last quarter.

Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian, Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegian’s 13 ships has been built to consistently deliver the Freestyle Cruising product offering.

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