Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Receives $27.95 Consensus Target Price from Brokerages

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) has been given a consensus rating of “Moderate Buy” by the twenty-three analysts that are presently covering the firm, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $27.3684.

Several brokerages recently weighed in on NCLH. Truist Financial reduced their price target on Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday, December 2nd. Zacks Research lowered shares of Norwegian Cruise Line from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Mizuho boosted their target price on shares of Norwegian Cruise Line from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Tigress Financial increased their price target on shares of Norwegian Cruise Line from $36.00 to $38.00 and gave the stock a “strong-buy” rating in a report on Wednesday, August 27th. Finally, UBS Group lifted their price objective on shares of Norwegian Cruise Line from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, August 26th.

Insider Transactions at Norwegian Cruise Line

In other Norwegian Cruise Line news, CFO Mark Kempa acquired 10,635 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $18.53 per share, with a total value of $197,066.55. Following the completion of the acquisition, the chief financial officer owned 369,352 shares in the company, valued at approximately $6,844,092.56. This trade represents a 2.96% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Harry Sommer bought 25,000 shares of Norwegian Cruise Line stock in a transaction dated Thursday, November 6th. The shares were acquired at an average cost of $18.52 per share, with a total value of $463,000.00. Following the completion of the purchase, the chief executive officer owned 720,728 shares in the company, valued at approximately $13,347,882.56. This trade represents a 3.59% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 90,029 shares of company stock worth $1,663,575 over the last quarter. Company insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On Norwegian Cruise Line

Institutional investors have recently added to or reduced their stakes in the stock. Swiss Life Asset Management Ltd raised its position in Norwegian Cruise Line by 80.5% during the third quarter. Swiss Life Asset Management Ltd now owns 20,553 shares of the company’s stock worth $506,000 after acquiring an additional 9,165 shares during the period. Penn Capital Management Company LLC increased its stake in shares of Norwegian Cruise Line by 27.4% during the third quarter. Penn Capital Management Company LLC now owns 587,762 shares of the company’s stock worth $14,520,000 after purchasing an additional 126,374 shares in the last quarter. CIBC Private Wealth Group LLC raised its position in shares of Norwegian Cruise Line by 49.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 9,507 shares of the company’s stock worth $234,000 after purchasing an additional 3,165 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Norwegian Cruise Line in the 3rd quarter valued at about $1,137,000. Finally, Coldstream Capital Management Inc. lifted its stake in Norwegian Cruise Line by 5.3% in the 3rd quarter. Coldstream Capital Management Inc. now owns 11,381 shares of the company’s stock valued at $280,000 after buying an additional 569 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Norwegian Cruise Line Trading Up 0.1%

NYSE NCLH opened at $21.55 on Thursday. Norwegian Cruise Line has a 1 year low of $14.21 and a 1 year high of $29.29. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17. The company has a market capitalization of $9.81 billion, a PE ratio of 15.85, a P/E/G ratio of 0.69 and a beta of 2.11. The company has a fifty day moving average of $20.40 and a 200 day moving average of $22.13.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Tuesday, November 4th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.03 billion. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.Norwegian Cruise Line has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 2.100-2.100 EPS. Research analysts forecast that Norwegian Cruise Line will post 1.48 earnings per share for the current year.

About Norwegian Cruise Line

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.