The Goldman Sachs Group Issues Pessimistic Forecast for Norwegian Cruise Line (NYSE:NCLH) Stock Price

Norwegian Cruise Line (NYSE:NCLH) had its price objective decreased by The Goldman Sachs Group from $27.00 to $23.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s target price would suggest a potential upside of 21.38% from the stock’s previous close.

A number of other equities research analysts also recently commented on NCLH. Zacks Research raised Norwegian Cruise Line from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 16th. Truist Financial increased their price target on shares of Norwegian Cruise Line from $27.00 to $31.00 and gave the company a “buy” rating in a report on Friday, September 19th. Wall Street Zen raised shares of Norwegian Cruise Line from a “sell” rating to a “hold” rating in a report on Friday, July 18th. Barclays lowered their target price on shares of Norwegian Cruise Line from $31.00 to $28.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Norwegian Cruise Line from $43.00 to $40.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $28.26.

Norwegian Cruise Line Price Performance

Shares of NCLH opened at $18.95 on Tuesday. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 8.05. The stock’s 50 day moving average is $23.49 and its two-hundred day moving average is $21.93. Norwegian Cruise Line has a twelve month low of $14.21 and a twelve month high of $29.29. The firm has a market capitalization of $8.63 billion, a PE ratio of 13.07, a P/E/G ratio of 0.71 and a beta of 2.22.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. Norwegian Cruise Line had a return on equity of 59.88% and a net margin of 7.52%.The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $3.03 billion. 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 anticipate that Norwegian Cruise Line will post 1.48 earnings per share for the current year.

Insider Transactions at Norwegian Cruise Line

In other Norwegian Cruise Line news, Director Stella David purchased 6,986 shares of Norwegian Cruise Line stock in a transaction on Thursday, November 6th. The shares were bought at an average price of $18.59 per share, with a total value of $129,869.74. Following the completion of the acquisition, the director directly owned 103,474 shares of the company’s stock, valued at approximately $1,923,581.66. This trade represents a 7.24% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harry C. Curtis purchased 5,000 shares of the stock in a transaction dated Friday, November 7th. The stock was acquired at an average price of $19.25 per share, for a total transaction of $96,250.00. Following the completion of the transaction, the director directly owned 50,325 shares of the company’s stock, valued at approximately $968,756.25. The trade was a 11.03% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 90,029 shares of company stock worth $1,663,575 in the last 90 days. Insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On Norwegian Cruise Line

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its holdings in Norwegian Cruise Line by 2.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 21,908 shares of the company’s stock valued at $444,000 after buying an additional 493 shares during the last quarter. Sound Income Strategies LLC lifted its position in shares of Norwegian Cruise Line by 16.6% in the third quarter. Sound Income Strategies LLC now owns 3,507 shares of the company’s stock valued at $82,000 after acquiring an additional 500 shares in the last quarter. Covestor Ltd boosted its stake in shares of Norwegian Cruise Line by 21.3% during the third quarter. Covestor Ltd now owns 2,898 shares of the company’s stock valued at $72,000 after acquiring an additional 509 shares during the last quarter. Retirement Systems of Alabama boosted its stake in shares of Norwegian Cruise Line by 0.6% during the third quarter. Retirement Systems of Alabama now owns 96,405 shares of the company’s stock valued at $2,374,000 after acquiring an additional 529 shares during the last quarter. Finally, US Bancorp DE increased its position in Norwegian Cruise Line by 4.4% during the 3rd quarter. US Bancorp DE now owns 12,997 shares of the company’s stock worth $320,000 after purchasing an additional 549 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

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.