Norwegian Cruise Line (NYSE:NCLH – Get Free Report) had its target price decreased by equities researchers at Truist Financial from $26.00 to $25.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price target indicates a potential upside of 26.61% from the company’s previous close.
Several other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of Norwegian Cruise Line from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Wolfe Research reaffirmed an “outperform” rating and issued a $25.00 price objective on shares of Norwegian Cruise Line in a research note on Tuesday, March 3rd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $20.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, March 3rd. Citigroup raised their target price on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, Mizuho dropped their price target on Norwegian Cruise Line from $32.00 to $28.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.40.
Read Our Latest Stock Analysis on NCLH
Norwegian Cruise Line Stock Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last posted its earnings results on Monday, March 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Norwegian Cruise Line had a return on equity of 50.05% and a net margin of 4.31%.The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business posted $0.26 earnings per share. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. On average, analysts expect that Norwegian Cruise Line will post 1.48 EPS for the current fiscal year.
Institutional Investors Weigh In On Norwegian Cruise Line
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SHP Wealth Management bought a new stake in shares of Norwegian Cruise Line during the 4th quarter worth $26,000. MUFG Securities EMEA plc bought a new position in Norwegian Cruise Line during the second quarter valued at about $26,000. Caitong International Asset Management Co. Ltd bought a new stake in Norwegian Cruise Line in the 4th quarter valued at $31,000. Clearstead Advisors LLC boosted its stake in Norwegian Cruise Line by 130.2% in the 4th quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after buying an additional 909 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in Norwegian Cruise Line by 1,928.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $41,000 after acquiring an additional 1,928 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.
Norwegian Cruise Line Company Profile
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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