Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)’s share price dropped 0.6% during trading on Monday . The company traded as low as $35.36 and last traded at $35.57, with a volume of 1,775,257 shares. The stock had previously closed at $35.80.

NCLH has been the subject of a number of recent analyst reports. 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 for the company in a research note on Thursday, May 5th. Nomura decreased their price objective on shares of Norwegian Cruise Line Holdings from $50.00 to $48.00 and set a “buy” rating for the company in a research note on Wednesday, August 10th. Stifel Nicolaus decreased their price objective on shares of Norwegian Cruise Line Holdings from $55.00 to $51.00 and set a “buy” rating for the company in a research note on Wednesday, August 10th. Sterne Agee CRT initiated coverage on shares of Norwegian Cruise Line Holdings in a research note on Tuesday, June 7th. They issued a “buy” rating and a $60.00 price objective for the company. Finally, Tigress Financial raised shares of Norwegian Cruise Line Holdings to a “buy” rating in a research note on Tuesday, May 31st. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $58.79.

The firm has a market cap of $8.07 billion and a price-to-earnings ratio of 16.00. The firm’s 50-day moving average price is $40.16 and its 200-day moving average price is $45.68.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $0.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.02. The company earned $1.20 billion during the quarter, compared to the consensus estimate of $1.22 billion. Norwegian Cruise Line Holdings’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 earnings per share. Analysts forecast that Norwegian Cruise Line Holdings Ltd. will post $3.46 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Norwegian Cruise Line Holdings stock. US Bancorp DE raised its stake in Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 0.5% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 18,496 shares of the company’s stock after buying an additional 97 shares during the period. US Bancorp DE’s holdings in Norwegian Cruise Line Holdings were worth $1,084,000 at the end of the most recent quarter.

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths.

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