Analysts Set Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) PT at $20.95

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLHGet Free Report) have been assigned a consensus recommendation of “Hold” from the twenty-three analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $20.9474.

Several equities research analysts recently issued reports on NCLH shares. Zacks Research downgraded shares of Norwegian Cruise Line from a “hold” rating to a “strong sell” rating in a research note on Friday, May 8th. Mizuho dropped their price target on shares of Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Truist Financial dropped their price target on shares of Norwegian Cruise Line from $25.00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Wells Fargo & Company dropped their price target on shares of Norwegian Cruise Line from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Finally, Barclays decreased their price objective on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Tuesday, May 5th.

Get Our Latest Stock Analysis on Norwegian Cruise Line

Insider Activity at Norwegian Cruise Line

In related news, CEO John Chidsey acquired 153,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was bought at an average cost of $16.37 per share, with a total value of $2,504,610.00. Following the acquisition, the chief executive officer directly owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen G. Pagliuca acquired 695,000 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were bought at an average cost of $18.16 per share, with a total value of $12,621,200.00. Following the completion of the acquisition, the director owned 703,912 shares in the company, valued at $12,783,041.92. This represents a 7,798.47% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 1,592,467 shares of company stock valued at $28,493,204 in the last 90 days. 0.41% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its position in shares of Norwegian Cruise Line by 45.2% during the 1st quarter. Parallel Advisors LLC now owns 3,882 shares of the company’s stock valued at $73,000 after buying an additional 1,209 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Norwegian Cruise Line by 167.9% during the 1st quarter. NewEdge Advisors LLC now owns 26,928 shares of the company’s stock valued at $504,000 after buying an additional 16,878 shares during the last quarter. Glenmede Trust Co. NA grew its position in shares of Norwegian Cruise Line by 4.0% during the 1st quarter. Glenmede Trust Co. NA now owns 19,497 shares of the company’s stock valued at $365,000 after buying an additional 745 shares during the last quarter. Bank of America Corp DE grew its position in shares of Norwegian Cruise Line by 61.0% during the 1st quarter. Bank of America Corp DE now owns 2,566,087 shares of the company’s stock valued at $47,986,000 after buying an additional 971,809 shares during the last quarter. Finally, South Dakota Investment Council grew its position in shares of Norwegian Cruise Line by 37.4% during the 1st quarter. South Dakota Investment Council now owns 288,175 shares of the company’s stock valued at $5,389,000 after buying an additional 78,500 shares during the last quarter. 69.58% of the stock is owned by institutional investors and hedge funds.

Norwegian Cruise Line Stock Performance

Norwegian Cruise Line stock opened at $17.95 on Thursday. Norwegian Cruise Line has a 12-month low of $14.53 and a 12-month high of $27.18. The company has a market capitalization of $8.24 billion, a price-to-earnings ratio of 15.09, a price-to-earnings-growth ratio of 1.21 and a beta of 1.89. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18. The firm’s fifty day moving average price is $18.18 and its 200 day moving average price is $20.30.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.08. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the firm posted $0.07 EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. On average, research analysts forecast that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.

About Norwegian Cruise Line

(Get Free Report)

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.

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Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

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