Norwegian Cruise Line (NYSE:NCLH) Director Stella David Buys 6,986 Shares

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Director Stella David purchased 6,986 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $18.59 per share, for a total transaction of $129,869.74. Following the purchase, the director owned 103,474 shares in the company, valued at $1,923,581.66. This trade represents a 7.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Norwegian Cruise Line Stock Down 0.1%

Shares of Norwegian Cruise Line stock opened at $19.06 on Tuesday. The business has a fifty day simple moving average of $23.74 and a 200 day simple moving average of $21.94. The stock has a market cap of $8.68 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 0.71 and a beta of 2.22. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 8.05. Norwegian Cruise Line Holdings Ltd. has a 12 month low of $14.21 and a 12 month high of $29.29.

Norwegian Cruise Line (NYSE:NCLH) last released 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. The firm had revenue of $2.94 billion for the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%. Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS. FY 2025 guidance at 2.100-2.100 EPS. Research analysts predict that Norwegian Cruise Line Holdings Ltd. will post 1.48 EPS for the current year.

Institutional Investors Weigh In On Norwegian Cruise Line

Several institutional investors have recently added to or reduced their stakes in NCLH. MUFG Securities EMEA plc bought a new position in Norwegian Cruise Line during the 2nd quarter worth about $26,000. Sentry Investment Management LLC acquired a new position in shares of Norwegian Cruise Line during the second quarter worth about $31,000. New Age Alpha Advisors LLC bought a new position in shares of Norwegian Cruise Line during the first quarter worth about $33,000. Laurel Wealth Advisors LLC raised its position in Norwegian Cruise Line by 1,928.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $41,000 after buying an additional 1,928 shares during the last quarter. Finally, Bogart Wealth LLC lifted its stake in Norwegian Cruise Line by 1,012.0% in the 1st quarter. Bogart Wealth LLC now owns 2,224 shares of the company’s stock valued at $42,000 after acquiring an additional 2,024 shares in the last quarter. 69.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on NCLH shares. Susquehanna boosted their price objective on shares of Norwegian Cruise Line from $18.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, August 1st. Morgan Stanley reduced their price target on shares of Norwegian Cruise Line from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday. 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 research report on Tuesday, August 26th. Truist Financial raised their price objective on Norwegian Cruise Line from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, September 19th. Finally, Zacks Research raised Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 16th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average target price of $28.68.

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.