Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded down 9.2% on Tuesday . The stock traded as low as $38.81 and last traded at $39.02, with a volume of 6,332,010 shares traded. The stock had previously closed at $42.96.

Several equities research analysts have weighed in on the company. Tigress Financial raised Norwegian Cruise Line Holdings to a “buy” rating in a research report on Tuesday, May 31st. Zacks Investment Research upgraded Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research report on Thursday, May 5th. Wells Fargo & Co. restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Thursday, May 12th. Credit Suisse Group AG restated a “buy” rating on shares of Norwegian Cruise Line Holdings in a research report on Tuesday, May 24th. Finally, Nomura restated a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a research report on Sunday, May 15th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Norwegian Cruise Line Holdings presently has a consensus rating of “Buy” and a consensus target price of $62.14.

The firm has a market cap of $8.61 billion and a price-to-earnings ratio of 16.74. The firm has a 50-day moving average price of $41.71 and a 200-day moving average price of $46.28.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its earnings results on Tuesday, August 9th. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. During the same period in the previous year, the company posted $0.75 earnings per share. The business earned $1.20 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Norwegian Cruise Line Holdings’s quarterly revenue was up 9.3% on a year-over-year basis. On average, equities research analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.73 earnings per share for the current fiscal year.

Several large investors have made changes to their positions in NCLH. GSA Capital Partners LLP boosted its stake in shares of 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 worth $1,087,000 after buying an additional 7,817 shares during the last quarter. Morgan Stanley boosted 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 boosted 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. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted 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. Finally, Marshall Wace LLP boosted its position in Norwegian Cruise Line Holdings by 179.9% in the fourth quarter. Marshall Wace LLP now owns 128,533 shares of the company’s stock valued at $7,532,000 after buying an additional 82,608 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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