Norwegian Cruise Line (NYSE:NCLH) Cut to “Neutral” at Northcoast Research

Northcoast Research cut shares of Norwegian Cruise Line (NYSE:NCLH) from a buy rating to a neutral rating in a research report sent to investors on Wednesday morning, MarketBeat reports.

NCLH has been the subject of a number of other reports. Mizuho dropped their price target on Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday. Stifel Nicolaus reduced their price objective on Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Susquehanna decreased their price objective on Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday. The Goldman Sachs Group set a $14.00 target price on Norwegian Cruise Line in a research report on Tuesday. Finally, Citigroup cut their target price on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “buy” rating for the company in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $22.24.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH opened at $17.07 on Wednesday. The company has a market cap of $7.84 billion, a P/E ratio of 14.35, a P/E/G ratio of 0.81 and a beta of 1.92. Norwegian Cruise Line has a 52-week low of $16.87 and a 52-week high of $27.18. The company has a debt-to-equity ratio of 5.75, a quick ratio of 0.18 and a current ratio of 0.21. The firm’s fifty day moving average is $19.81 and its two-hundred day moving average is $20.87.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.15 by $0.08. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. Norwegian Cruise Line had a net margin of 5.66% and a return on equity of 47.84%. The business’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.07 EPS. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. As a group, analysts anticipate that Norwegian Cruise Line will post 2 EPS for the current fiscal year.

Institutional Investors Weigh In On Norwegian Cruise Line

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SHP Wealth Management purchased a new position in shares of Norwegian Cruise Line in the 4th quarter worth approximately $26,000. MUFG Securities EMEA plc purchased a new stake in Norwegian Cruise Line during the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Norwegian Cruise Line during the 4th quarter valued at $31,000. Clearstead Advisors LLC lifted its position in Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after buying an additional 909 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in Norwegian Cruise Line in the fourth quarter worth $42,000. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Norwegian Cruise Line Company Profile

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.