Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) saw strong trading volume on Friday . 2,057,239 shares were traded during trading, a decline of 15% from the previous session’s volume of 2,429,140 shares.The stock last traded at $41.04 and had previously closed at $42.77.

NCLH has been the topic of a number of recent analyst reports. Tigress Financial raised shares of Norwegian Cruise Line Holdings to a “buy” rating in a report on Tuesday, May 31st. Nomura Holdings Inc. reissued a “buy” rating and issued a $65.00 price target on shares of Norwegian Cruise Line Holdings in a report on Sunday, May 15th. Zacks Investment Research raised shares of Norwegian Cruise Line Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 5th. Wells Fargo & Co. reissued a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Thursday, May 12th. Finally, Credit Suisse Group AG reissued a “buy” rating on shares of Norwegian Cruise Line Holdings in a report on Tuesday, May 24th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $63.21.

The company’s 50-day moving average price is $43.23 and its 200 day moving average price is $47.72. The firm has a market cap of $9.35 billion and a price-to-earnings ratio of 18.19.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its earnings results on Tuesday, May 10th. The company reported $0.38 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.01. During the same quarter in the prior year, the company posted $0.27 earnings per share. The firm earned $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Norwegian Cruise Line Holdings’s quarterly revenue was up 14.9% compared to the same quarter last year. On average, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.76 EPS for the current fiscal year.

Other large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted 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. Jennison Associates LLC boosted its stake in shares of Norwegian Cruise Line Holdings by 20.6% in the fourth quarter. Jennison Associates LLC now owns 1,684,301 shares of the company’s stock valued at $98,700,000 after buying an additional 287,191 shares in the last quarter. OppenheimerFunds Inc. boosted its stake in shares of Norwegian Cruise Line Holdings by 30.1% in the fourth quarter. OppenheimerFunds Inc. now owns 518,580 shares of the company’s stock worth $30,389,000 after buying an additional 120,090 shares during the period. BNP Paribas Arbitrage SA boosted its stake in shares of Norwegian Cruise Line Holdings by 31.3% in the fourth quarter. BNP Paribas Arbitrage SA now owns 438,838 shares of the company’s stock worth $25,716,000 after buying an additional 104,705 shares during the period. Finally, California Public Employees Retirement System boosted 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 worth $22,168,000 after buying an additional 2,400 shares during the period.

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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