Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)’s share price hit a new 52-week low on Friday . The company traded as low as $35.36 and last traded at $35.51, with a volume of 2,046,718 shares. The stock had previously closed at $37.05.

NCLH has been the subject of a number of analyst reports. Nomura lowered their target price 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 lowered their target price on shares of Norwegian Cruise Line Holdings from $69.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, July 20th. Zacks Investment Research raised shares of Norwegian Cruise Line Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 5th. Sterne Agee CRT initiated coverage on shares of Norwegian Cruise Line Holdings in a research note on Tuesday, June 7th. They set a “buy” rating and a $60.00 target price 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 investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Norwegian Cruise Line Holdings currently has an average rating of “Buy” and a consensus target price of $58.79.

The firm has a 50-day moving average of $39.52 and a 200-day moving average of $45.52. The stock has a market cap of $8.09 billion and a price-to-earnings ratio of 16.04.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its quarterly earnings results 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 firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the company earned $0.75 EPS. The company’s quarterly revenue was up 9.3% on a year-over-year basis. On average, equities analysts predict that Norwegian Cruise Line Holdings Ltd. will post $3.43 EPS for the current year.

In other news, CEO Rio Frank J. Del purchased 55,623 shares of the company’s stock in a transaction on Wednesday, August 31st. The stock was acquired at an average price of $35.96 per share, with a total value of $2,000,203.08. Following the transaction, the chief executive officer now directly owns 451,171 shares of the company’s stock, valued at approximately $16,224,109.16. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

A hedge fund recently raised its stake in Norwegian Cruise Line Holdings stock. Morgan Stanley boosted its stake in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 44.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 198,769 shares of the company’s stock after buying an additional 61,244 shares during the period. Morgan Stanley owned approximately 0.09% of Norwegian Cruise Line Holdings worth $11,648,000 as of its most recent filing with the SEC.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.