Shellback Capital LP Raises Stock Holdings in Norwegian Cruise Line Holdings Ltd. $NCLH

Shellback Capital LP increased its holdings in shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) by 189.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 500,000 shares of the company’s stock after acquiring an additional 327,009 shares during the quarter. Shellback Capital LP’s holdings in Norwegian Cruise Line were worth $9,480,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. New Age Alpha Advisors LLC purchased a new stake in shares of Norwegian Cruise Line during the 1st quarter valued at $33,000. Versant Capital Management Inc boosted its holdings in shares of Norwegian Cruise Line by 147.7% in the 1st quarter. Versant Capital Management Inc now owns 1,880 shares of the company’s stock worth $36,000 after buying an additional 1,121 shares during the last quarter. Raiffeisen Bank International AG bought a new position in Norwegian Cruise Line during the fourth quarter valued at about $40,000. Bogart Wealth LLC increased its holdings in Norwegian Cruise Line by 1,012.0% during the first quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock worth $42,000 after buying an additional 2,024 shares during the last quarter. Finally, LRI Investments LLC purchased a new stake in Norwegian Cruise Line during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Analyst Ratings Changes

NCLH has been the topic of a number of research analyst reports. Argus reiterated a “hold” rating on shares of Norwegian Cruise Line in a research note on Wednesday, June 18th. Bank of America upped their price objective on Norwegian Cruise Line from $20.00 to $27.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Mizuho increased their price objective on Norwegian Cruise Line from $26.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Tigress Financial boosted their target price on Norwegian Cruise Line from $36.00 to $38.00 and gave the company a “strong-buy” rating in a research note on Wednesday, August 27th. Finally, TD Cowen assumed coverage on Norwegian Cruise Line in a research report on Tuesday, July 22nd. They set a “buy” rating and a $31.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $27.50.

Norwegian Cruise Line Trading Up 0.3%

Shares of NCLH stock opened at $25.66 on Friday. The company’s fifty day simple moving average is $23.80 and its two-hundred day simple moving average is $20.51. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. Norwegian Cruise Line Holdings Ltd. has a 1 year low of $14.21 and a 1 year high of $29.29. The stock has a market capitalization of $11.59 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 1.16 and a beta of 2.19.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The company had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.55 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.Norwegian Cruise Line’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.40 earnings per share. Norwegian Cruise Line has set its Q3 2025 guidance at 1.140-1.140 EPS. FY 2025 guidance at 2.050-2.050 EPS. As a group, analysts anticipate that Norwegian Cruise Line Holdings Ltd. will post 1.48 earnings per share for the current year.

Norwegian Cruise Line Company Profile

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.