Freedom Broker upgraded shares of Norwegian Cruise Line (NYSE:NCLH – Free Report) from a hold rating to a buy rating in a research report report published on Friday morning,Benzinga reports. They currently have $22.00 price objective on the stock, up from their prior price objective of $20.00.
NCLH has been the subject of a number of other research reports. Wall Street Zen downgraded shares of Norwegian Cruise Line from a “hold” rating to a “sell” rating in a report on Saturday. Jefferies Financial Group boosted their price objective on Norwegian Cruise Line from $16.00 to $18.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Truist Financial decreased their price objective on Norwegian Cruise Line from $20.00 to $16.00 and set a “hold” rating on the stock in a research report on Thursday, September 24th. Morgan Stanley raised their price objective on Norwegian Cruise Line from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Finally, Wells Fargo & Company boosted their target price on Norwegian Cruise Line from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Norwegian Cruise Line has a consensus rating of “Hold” and an average target price of $20.18.
Check Out Our Latest Stock Report on Norwegian Cruise Line
Norwegian Cruise Line Stock Down 0.1%
NCLH opened at $17.55 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 4.43. Norwegian Cruise Line has a twelve month low of $13.63 and a twelve month high of $25.13. The stock has a market capitalization of $8.06 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 1.01 and a beta of 1.99. The firm has a 50 day moving average price of $15.39 and a 200-day moving average price of $18.75.
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.19. The business had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $2.88 billion. Norwegian Cruise Line had a net margin of 8.20% and a return on equity of 34.28%. The company’s quarterly revenue was up .3% on a year-over-year basis. During the same period last year, the firm earned $1.20 earnings per share. Equities research analysts forecast that Norwegian Cruise Line will post 1.36 earnings per share for the current year.
Institutional Investors Weigh In On Norwegian Cruise Line
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc raised its holdings in shares of Norwegian Cruise Line by 278.4% during the third quarter. Versant Capital Management Inc now owns 1,888 shares of the company’s stock worth $28,000 after purchasing an additional 1,389 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new position in Norwegian Cruise Line during the third quarter worth $37,000. Summit Securities Group LLC lifted its holdings in Norwegian Cruise Line by 291.3% during the first quarter. Summit Securities Group LLC now owns 2,649 shares of the company’s stock valued at $50,000 after purchasing an additional 1,972 shares in the last quarter. Root Financial Partners LLC purchased a new position in Norwegian Cruise Line during the third quarter valued at $41,000. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of Norwegian Cruise Line in the second quarter valued at about $68,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.
Key Norwegian Cruise Line News
Here are the key news stories impacting Norwegian Cruise Line this week:
- Positive Sentiment: Norwegian reported third-quarter adjusted earnings of $1.12 per share, above the $0.93 consensus estimate, while revenue of $2.95 billion also exceeded expectations. The earnings beat has supported a more constructive view of the company’s outlook. Royal Caribbean Buys the Beach as Norwegian Fixes the Ship
- Positive Sentiment: Analysts raised several price targets following the results, including targets of $18, $21 and $22. Freedom Broker separately upgraded NCLH from “hold” to “buy” and lifted its target to $22, citing potential upside from current levels. Freedom Broker Norwegian Cruise Line Rating
- Positive Sentiment: Recent coverage points to improving bookings, cost savings and plans to increase onboard and pre-cruise revenue. These initiatives could improve margins and guest spending without relying solely on ticket-price increases. NCLH Rises Overnight NCLH Targets Onboard and Pre-Cruise Revenue
- Neutral Sentiment: Unlike Royal Caribbean, which is pursuing a roughly $3 billion Sandals resort investment, Norwegian is prioritizing cost reductions and debt repayment for 2027. The strategy may strengthen the balance sheet, but it offers less headline growth potential in the near term. Royal Caribbean Buys the Beach as Norwegian Fixes the Ship
- Negative Sentiment: Norwegian’s high leverage and weak liquidity metrics remain risks for investors. Debt reduction is a positive long-term objective, but it may limit investment flexibility and leave the shares sensitive to weaker consumer demand or higher financing costs.
Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its operating brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company provides cruise vacations to destinations worldwide, including Europe, the Caribbean, Alaska, Asia, South America, Australia and New Zealand.
Norwegian Cruise Line offers contemporary cruises with flexible dining, entertainment and onboard activities. Oceania Cruises focuses on destination-oriented, upscale travel and culinary experiences, while Regent Seven Seas Cruises provides an all-inclusive luxury cruise experience.
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