Analysts predict that Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) will report earnings of $2.21 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Norwegian Cruise Line’s earnings. The lowest EPS estimate is $2.16 and the highest is $2.26. Norwegian Cruise Line posted earnings per share of $1.86 in the same quarter last year, which suggests a positive year-over-year growth rate of 18.8%. The business is expected to issue its next earnings results on Thursday, November 8th.

On average, analysts expect that Norwegian Cruise Line will report full-year earnings of $4.81 per share for the current year, with EPS estimates ranging from $4.75 to $4.85. For the next financial year, analysts forecast that the business will report earnings of $5.18 per share, with EPS estimates ranging from $5.09 to $5.37. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Norwegian Cruise Line.

Norwegian Cruise Line (NASDAQ:NCLH) last announced its quarterly earnings data on Thursday, August 9th. The company reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.18. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Norwegian Cruise Line had a net margin of 13.91% and a return on equity of 16.97%. The company’s revenue was up 13.2% on a year-over-year basis. During the same period last year, the firm posted $1.02 EPS.

Several equities analysts have recently commented on the company. BidaskClub lowered Norwegian Cruise Line from a “hold” rating to a “sell” rating in a research note on Wednesday, June 27th. Zacks Investment Research upgraded Norwegian Cruise Line from a “sell” rating to a “hold” rating in a research note on Friday, July 20th. Stifel Nicolaus raised their price target on Norwegian Cruise Line from $70.00 to $71.00 and gave the company a “buy” rating in a research note on Friday, August 10th. Bank of America set a $72.00 price target on Norwegian Cruise Line and gave the company a “buy” rating in a research note on Monday, May 28th. Finally, Nomura cut their price target on Norwegian Cruise Line from $72.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday, August 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $64.18.

NASDAQ:NCLH opened at $55.47 on Wednesday. Norwegian Cruise Line has a twelve month low of $46.16 and a twelve month high of $61.18. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.31 and a current ratio of 0.34.

In other Norwegian Cruise Line news, CEO Rio Frank J. Del sold 3,077 shares of Norwegian Cruise Line stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $51.72, for a total value of $159,142.44. Following the transaction, the chief executive officer now owns 310,552 shares in the company, valued at $16,061,749.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Rio Frank J. Del sold 22,743 shares of Norwegian Cruise Line stock in a transaction dated Tuesday, July 3rd. The shares were sold at an average price of $46.96, for a total value of $1,068,011.28. Following the completion of the transaction, the chief executive officer now owns 357,021 shares in the company, valued at approximately $16,765,706.16. The disclosure for this sale can be found here. Insiders sold 39,554 shares of company stock worth $1,904,939 in the last quarter. 0.98% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. boosted its holdings in Norwegian Cruise Line by 14.2% in the first quarter. Principal Financial Group Inc. now owns 314,962 shares of the company’s stock worth $16,683,000 after acquiring an additional 39,113 shares in the last quarter. Mason Street Advisors LLC boosted its holdings in Norwegian Cruise Line by 15.7% in the first quarter. Mason Street Advisors LLC now owns 28,721 shares of the company’s stock worth $1,521,000 after acquiring an additional 3,899 shares in the last quarter. Mork Capital Management LLC boosted its holdings in Norwegian Cruise Line by 37.3% in the second quarter. Mork Capital Management LLC now owns 41,200 shares of the company’s stock worth $1,947,000 after acquiring an additional 11,200 shares in the last quarter. Arizona State Retirement System boosted its holdings in Norwegian Cruise Line by 56.3% in the second quarter. Arizona State Retirement System now owns 149,740 shares of the company’s stock worth $7,075,000 after acquiring an additional 53,948 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in Norwegian Cruise Line in the second quarter worth about $532,000. Institutional investors own 88.85% of the company’s stock.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

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