Norwegian Cruise Line (NYSE:NCLH) Stock Price Up 7% – Still a Buy?

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) shares rose 7% during trading on Thursday . The company traded as high as $20.48 and last traded at $20.5920. Approximately 12,347,876 shares traded hands during trading, a decline of 16% from the average daily volume of 14,763,163 shares. The stock had previously closed at $19.24.

Analyst Upgrades and Downgrades

NCLH has been the topic of a number of recent analyst reports. Truist Financial reduced their target price on Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, December 2nd. Stifel Nicolaus lifted their target price on Norwegian Cruise Line from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, September 11th. Wells Fargo & Company reduced their price target on Norwegian Cruise Line from $30.00 to $29.00 and set an “overweight” rating on the stock in a research report on Monday, December 1st. UBS Group upped their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th. Finally, Barclays reduced their target price on Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and a consensus price target of $27.95.

Norwegian Cruise Line Price Performance

The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17. The stock has a fifty day simple moving average of $20.69 and a 200-day simple moving average of $22.00. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of 15.13, a P/E/G ratio of 0.60 and a beta of 2.11.

Norwegian Cruise Line (NYSE:NCLH) last posted its earnings results on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a net margin of 6.85% and a return on equity of 55.51%. The firm had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. On average, equities research analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Insider Buying and Selling

In other Norwegian Cruise Line news, Director Zillah Byng-Thorne purchased 29,008 shares of the firm’s stock in a transaction dated Thursday, November 6th. The shares were purchased at an average cost of $18.11 per share, with a total value of $525,334.88. Following the completion of the purchase, the director owned 66,017 shares in the company, valued at approximately $1,195,567.87. This represents a 78.38% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Stella David purchased 6,986 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average price of $18.59 per share, for a total transaction of $129,869.74. Following the completion of the transaction, the director directly owned 103,474 shares of the company’s stock, valued at $1,923,581.66. The trade was a 7.24% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 90,029 shares of company stock worth $1,663,575 in the last 90 days. 0.41% of the stock is owned by insiders.

Institutional Trading of Norwegian Cruise Line

Several large investors have recently bought and sold shares of NCLH. Swiss Life Asset Management Ltd raised its holdings in Norwegian Cruise Line by 80.5% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 20,553 shares of the company’s stock valued at $506,000 after acquiring an additional 9,165 shares during the last quarter. Penn Capital Management Company LLC grew its position in shares of Norwegian Cruise Line by 27.4% in the third quarter. Penn Capital Management Company LLC now owns 587,762 shares of the company’s stock valued at $14,520,000 after purchasing an additional 126,374 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in shares of Norwegian Cruise Line by 49.9% in the third quarter. CIBC Private Wealth Group LLC now owns 9,507 shares of the company’s stock valued at $234,000 after purchasing an additional 3,165 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Norwegian Cruise Line in the third quarter valued at approximately $1,137,000. Finally, Coldstream Capital Management Inc. lifted its position in Norwegian Cruise Line by 5.3% during the third quarter. Coldstream Capital Management Inc. now owns 11,381 shares of the company’s stock worth $280,000 after buying an additional 569 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.