Norwegian Cruise Line Holdings (NASDAQ:NCLH)‘s stock had its “buy” rating reiterated by equities research analysts at Nomura in a research note issued to investors on Tuesday, AR Network reports. They currently have a $38.00 target price on the stock. Nomura’s price objective would indicate a potential upside of 22.23% from the stock’s previous close.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded up 2.06% on Tuesday, hitting $31.73. 165,667 shares of the company’s stock traded hands. Norwegian Cruise Line Holdings has a 52-week low of $24.16 and a 52-week high of $32.93. The stock’s 50-day moving average is $31.16 and its 200-day moving average is $30.74. The company has a market cap of $6.473 billion and a P/E ratio of 244.80.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its earnings results on Monday, July 29th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The company had revenue of $644.43 million for the quarter, compared to the consensus estimate of $659.26 million. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Analysts expect that Norwegian Cruise Line Holdings will post $1.35 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on NCLH. Analysts at UBS AG upgraded shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) from a “neutral” rating to a “buy” rating in a research note to investors on Monday, August 19th. They now have a $37.00 price target on the stock, up previously from $32.00. Separately, analysts at Tigress Financial initiated coverage on shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) in a research note to investors on Friday, August 2nd. They set a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus cut their price target on shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) from $39.00 to $37.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock.
Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $35.83.
In other Norwegian Cruise Line Holdings news, EVP Andrew Stuart sold 45,000 shares of the stock on the open market in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $31.93, for a total value of $1,436,850.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Norwegian Cruise Line Holdings Ltd. is a global cruise line operator, offering cruise experiences for travelers with a variety of itineraries in North America (NASDAQ:NCLH), the Mediterranean, the Baltic, Central America, Bermuda and the Caribbean.
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