Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) was down 7.1% on Tuesday . The stock traded as low as $39.29 and last traded at $39.45, with a volume of 2,105,643 shares traded. The stock had previously closed at $42.46.

Several equities research analysts recently weighed in on NCLH shares. Zacks Investment Research upgraded shares of Norwegian Cruise Line Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 5th. Stifel Nicolaus reduced their price target on shares of Norwegian Cruise Line Holdings from $69.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, July 20th. Sterne Agee CRT started coverage on shares of Norwegian Cruise Line Holdings in a research report on Tuesday, June 7th. They issued a “buy” rating and a $60.00 price target on the stock. Tigress Financial upgraded shares of Norwegian Cruise Line Holdings to a “buy” rating in a research report on Tuesday, May 31st. Finally, Credit Suisse Group AG restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Tuesday, May 24th. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $62.14.

The stock’s 50 day moving average price is $41.97 and its 200 day moving average price is $46.48. The company has a market capitalization of $9.03 billion and a PE ratio of 17.55.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its earnings results 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 business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter last year, the business earned $0.27 EPS. The company’s quarterly revenue was up 14.9% on a year-over-year basis. On average, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.74 EPS for the current fiscal year.

A number of hedge funds and institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in 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. GSA Capital Partners LLP increased its position in Norwegian Cruise Line Holdings by 72.8% in the fourth quarter. GSA Capital Partners LLP now owns 18,556 shares of the company’s stock valued at $1,087,000 after buying an additional 7,817 shares in the last quarter. Morgan Stanley increased its position in Norwegian Cruise Line Holdings by 44.5% in the fourth quarter. Morgan Stanley now owns 198,769 shares of the company’s stock valued at $11,648,000 after buying an additional 61,244 shares in the last quarter. Bank of Montreal Can increased its position in Norwegian Cruise Line Holdings by 14.3% in the fourth quarter. Bank of Montreal Can now owns 144,278 shares of the company’s stock valued at $8,455,000 after buying an additional 18,038 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in 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.

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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