Norwegian Cruise Line (NYSE:NCLH – Get Free Report) had its price objective reduced by research analysts at Tigress Financial from $38.00 to $32.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “strong-buy” rating on the stock. Tigress Financial’s price objective indicates a potential upside of 49.64% from the stock’s previous close.
NCLH has been the subject of several other reports. UBS Group reduced their price objective on Norwegian Cruise Line from $27.00 to $22.00 and set a “neutral” rating for the company in a research note on Monday. Wells Fargo & Company reduced their price objective on Norwegian Cruise Line from $32.00 to $26.00 and set an “overweight” rating for the company in a research note on Wednesday. Morgan Stanley reduced their price objective on Norwegian Cruise Line from $24.00 to $23.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. JPMorgan Chase & Co. reduced their price objective on Norwegian Cruise Line from $20.00 to $19.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, Stifel Nicolaus reduced their price objective on Norwegian Cruise Line from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, March 19th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.63.
Check Out Our Latest Analysis on NCLH
Norwegian Cruise Line Stock Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last posted its quarterly earnings data on Monday, March 2nd. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate 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 revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 EPS. 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. Sell-side analysts anticipate that Norwegian Cruise Line will post 1.48 earnings per share for the current year.
Hedge Funds Weigh In On Norwegian Cruise Line
A number of large investors have recently modified their holdings of the business. Capital International Investors raised its stake in shares of Norwegian Cruise Line by 7.1% during the 4th quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock worth $1,253,886,000 after buying an additional 3,728,929 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Norwegian Cruise Line by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 52,846,173 shares of the company’s stock worth $1,179,527,000 after buying an additional 157,974 shares in the last quarter. State Street Corp raised its stake in shares of Norwegian Cruise Line by 0.4% during the 4th quarter. State Street Corp now owns 16,304,827 shares of the company’s stock worth $363,924,000 after buying an additional 66,329 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Norwegian Cruise Line by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock worth $271,951,000 after buying an additional 262,086 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Norwegian Cruise Line by 16.5% during the 4th quarter. Invesco Ltd. now owns 10,377,997 shares of the company’s stock worth $231,637,000 after buying an additional 1,468,075 shares in the last quarter. 69.58% of the stock is owned by hedge funds and other institutional investors.
About Norwegian Cruise Line
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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